Blink Charging Introduces Cable Management Solution for New and Existing EV Charger Locations
November 16 2020 - 9:15AM
Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the
“Company”), a leading owner and operator of electric vehicle (EV)
charging equipment and services, today announced the introduction
of its innovative Cable Management Solution for use with both new
Blink charging stations and retrofit installations of its IQ 200
charging stations.
The cable management product responds to the EV
charging market demand for flexible EV charging equipment
configurations. The elegant solution effortlessly maintains the
equipment's cords promoting safety around charging stations and
ongoing preventative maintenance of EV chargers.
"This new product offering speaks to what Blink
is all about—being the most flexible and resourceful EV charging
company. We pride ourselves on responding to the needs of our host
locations," remarked Michael D. Farkas, Founder and Chief Executive
Officer of Blink.
The cable management system is compatible with
both the rectangular and triangular pedestal charging stations for
new deployments and installed equipment. It also works with wall or
pedestal mounted chargers, keeping the charging cable off the
ground while providing convenience for consumers charging their
EVs. The system includes a retraction mechanism modeled after
traditional gas pump designs, ensuring ease of use for familiar gas
pump operations. Additionally, the cable management system
eliminates an EV driver's need to wrap the charging cable around
the pedestal, saves time for drivers, and minimizes tripping
hazards. Many fleet operations and large RFPs from utilities and
municipalities increasingly require cable management solutions, and
Blink is pleased to be able to address these requirements in an
elegant and slim design.
"As a leader in the EV industry, product
innovation is a primary and vital focus for our Company. Whether it
is the 80-amp Blink IQ 200 charger, our local load-sharing
capabilities, our innovative portable emergency EV chargers, or
this Cable Management Solution, we are committed to expanding the
portfolio of our products. Our product and technology solutions
will benefit the EV industry as a whole," commented Josh Winkler,
Blink's Senior Vice President of Product and Technology.
The Company has indicated that it has been
investing in the continued expansion of its EV charging product
line-up with additional product innovations expected. Those new
products will add to the recent announcements, including the
development of solar, off-grid, modular EV charging with SG Blocks,
and high-power inductive DC fast charging systems with EnerSys.
The new Cable Management Solution is available
for new or existing equipment hosts. More information is available
by contacting the Company or visiting its website at
BlinkCharging.com.
###
Pictured ABove: The Cable Management Solution
that uses a swivel and pulley system to keep charging cables off
the ground
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 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/.
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.
SourceTechnavio, Electric
Vehicle Charging Infrastructure Market by Type and Geographic
Landscape - Forecast and Analysis 2020-2024.
https://www.technavio.com/report/electric-vehicle-charging-infrastructure-market-industry-analysis
Blink Media Contact
PR@BlinkCharging.com
Blink Investor Relations
Contact IR@BlinkCharging.com855-313-8187
- Cable Management Solution
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