Blink and SemaConnect Announce Interoperability Making Electric Vehicle Charging More Accessible for Drivers Nationwide
August 06 2020 - 8:45AM
Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink”), a leading
owner, operator, and provider of electric vehicle (EV) charging
equipment and services, and SemaConnect, a leading provider of EV
solutions to the North American commercial market, announced the
signing of an interoperability agreement today. The two-year,
renewable deal will commence in 2021.
Blink and SemaConnect customers will be able to
seamlessly roam between charging networks without the need for
additional cards or accounts. The agreement will serve to increase
range confidence for Blink and SemaConnect members by expanding
available charging infrastructure utilizing the interoperability
agreement, to more than 15,000 units, located at apartment
buildings, workplaces, hospitals, universities, municipalities, and
retailers. The interoperability between two leading EV charging
providers will create a seamless charging experience for the
companies’ members.
“This is an important milestone for Blink,” said
Brendan Jones, COO of Blink. “We have long advocated for the
adoption of equipment and network interoperability to create a
nationwide infrastructure of chargers that are more convenient and
reliable for customers. We believe this partnership will be
beneficial to our members and customers and we look forward to
building on this collaboration to further expand our EV charging
footprint.”
"We are excited to collaborate with Blink to
bring more charging options to our customers and build a larger and
more user-friendly network for EV drivers nationwide," said Mahi
Reddy, CEO of SemaConnect, Inc. “This is what we envisioned
when we set out over a decade ago. To develop a national network of
chargers where members are free to roam with one account.”
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About Blink Charging
Blink Charging Co. (Nasdaq: BLNK, BLNKW) is a
leader in electric vehicle (EV) charging equipment and has deployed
over 23,000 charging stations, many of which are networked EV
charging stations, enabling EV drivers to easily charge at any of
Blink’s charging locations worldwide. Blink’s principal line of
products and services include its Blink EV charging network (“Blink
Network”), EV charging equipment, and EV charging services. The
Blink Network uses proprietary, cloud-based software that operates,
maintains, and tracks the EV charging stations connected to the
network and the associated charging data. With global EV purchases
forecasted to rise to 10 million vehicles by 2025 from
approximately 2 million in 2019, Blink has established key
strategic partnerships for rolling out adoption across numerous
location types, including parking facilities, multifamily
residences and condos, workplace locations, health care/medical
facilities, schools and universities, airports, auto dealers,
hotels, mixed-use municipal locations, parks and recreation areas,
religious institutions, restaurants, retailers, stadiums,
supermarkets, and transportation hubs. For more information, please
visit https://www.blinkcharging.com/.
About SemaConnect
SemaConnect is the leading provider of
electric vehicle amenities to the North American commercial and
residential property markets. A complete EV support partner,
SemaConnect delivers a truly modern property experience through
innovative, elegantly designed charging stations and a robust and
open network. The company has helped maximize property value
and appeal through thousands of successful Class A deployments
since its founding in 2008. For companies such as CBRE, JLL,
Hines, Greystar, Cisco Systems and Standard
Parking. SemaConnect remains one of the preferred
charging solutions partner of municipal, parking, multifamily,
hotel, office and retail customers across the United States and
Canada. For more information, visit
https://www.semaconnect.com/.
Forward-Looking Statements
This press release contains forward-looking
statements as defined within Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. These forward-looking statements, along with
terms such as “anticipate,” “expect,” “intend,” “may,” “will,”
“should,” and other comparable terms, involve risks and
uncertainties because they relate to events and depend on
circumstances that will occur in the future. Those statements
include statements regarding the intent, belief, or current
expectations of Blink and members of its management, as well as the
assumptions on which such statements are based. Prospective
investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve risks and
uncertainties, including the projected benefits of the
Blink-SemaConnect interoperability agreement and those described in
Blink’s periodic reports filed with the SEC, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Except as required by federal
securities law, Blink Charging undertakes no obligation to update
or revise forward-looking statements to reflect changed
conditions.
Blink Media
Contact PR@BlinkCharging.com
Blink Investor Relations
Contact IR@BlinkCharging.com855-313-8187
SemaConnect Media
ContactMarketing@SemaConnect.com
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