Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink” or the
“Company”), a leading owner and operator of electric vehicle (EV)
charging equipment and services, announced the installation of six
Level 2 IQ 200 EV charging stations in two of Springfield’s newest
residential communities, Trail’s Bend Apartments and Cambium
Apartments.
“As EVs become widely embraced by drivers, the
need for EV charging infrastructure becomes evident. We’ve seen a
significant uptick in requests from multifamily, workplace, and
retail clients in middle America for Blink chargers. This is
exciting and further evidence the opportunities we are realizing
coast to coast,” commented Brendan Jones, Chief Operating Officer
of Blink Charging. “EVs are not just growing in California and the
East Coast, but in America’s heartland as well, and Blink stands
ready to supply the necessary infrastructure to support this
growth. EVs are the future, and Blink is excited to have Trail’s
Bend Apartments and Cambium Apartments embrace the possibility of
an all-electric future by hosting the most powerful level 2 EV
charging station, the Blink IQ 200.”
“Offering sophisticated lifestyle options is a
hallmark of both Trail’s Bend Apartments and Cambium Apartments,”
stated Abigail Perry, VP of Multifamily Asset Management at
Edgewood REIT. “We do our best to offer our tenants modern premium
amenities, and EV charging is a big part of that. As the
transportation market continues to shift, we are happy to host
Blink EV chargers to ensure all our current and future EV driving
tenants have the ability to charge without worrying.”
Coryell Collaborative Group developed both of
the Edgewood Real Estate Investment Trust properties. They are
among the very first in the region, making their commitment to EV
charging a priority, clearly demonstrated in the deployments at
Trail’s Bend Apartments and Cambium Apartments. Edgewood REIT has
always intended to make their tenants “feel at home” by providing
them with quality options, and they are making sure not to leave EV
drivers out of the mix.
With the major utility companies in the area
joining together to increase the charging infrastructure, EV
adoption in Missouri and the Midwest is set to increase. Creating a
Midwest corridor for EV charging will be instrumental in growing
the adoption of electric vehicles. Blink stands well-positioned
across Missouri, and the rest of the Midwest, to keep serving the
needs of EV drivers and charging station hosts like Trail’s Bend
Apartments and Cambium Apartments.
Blink maintains ownership of the charging
stations at these locations.
# # #
About Blink Charging
Blink Charging Co. (NASDAQ: BLNK, BLNKW) is a
leader in electric vehicle (EV) charging equipment that has
deployed over 23,000 charging stations, many of which are networked
EV charging stations, enabling EV drivers to easily charge at any
of its charging locations worldwide. The Company’s principal line
of products and services is its Blink EV charging network (“Blink
Network”), EV charging equipment, and EV charging services. The
Blink Network utilizes a 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 by 2025 from
approximately 2 million in 2019, the Company has established key
strategic partnerships to roll out adoption across numerous
location types, including parking facilities, multifamily
residences and condos, workplace locations, healthcare/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 Edgewood REIT
Edgewood REIT is a Fargo-based Real Estate
Investment Trust (REIT) that invests in senior housing communities,
medical and professional offices, and multifamily properties.
Edgewood REIT has developed an asset base of more than
$1,040,000,000. Edgewood Real Estate Investment Trust (REIT) owns
and maintains a range of properties in Iowa, Kansas, Minnesota,
Missouri, and North Dakota. By providing safe, comfortable
multifamily living, we provide a valuable service while generating
a solid return on investment. For more information on Edgewood
REIT, please visit www.edgewoodreit.com
About Coryell Collaborative
Group
CCG is a family-owned organization that provides
a full suite of services for multifamily property owners and
investors, including real estate, development, operations,
construction, and maintenance. CCG’s award-winning operations and
assets management company, TLC Properties, has provided services to
apartment communities throughout Springfield, Missouri, and the
surrounding region for over 30 years. CCG and TLC Properties are
nationally recognized for high-quality, innovative apartment
communities and unbridled customer service. For more information
about TLC Properties, visit the website at
www.tlcproperties.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, and terms such
as “anticipate,” “expect,” “intend,” “may,” “will,” “should,” or
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 Charging 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 those
described in Blink Charging’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.com 855-313-8187
Blink Charging (NASDAQ:BLNK)
Historical Stock Chart
From Mar 2024 to Apr 2024
Blink Charging (NASDAQ:BLNK)
Historical Stock Chart
From Apr 2023 to Apr 2024