Blink Charging To Deploy EV Charging Stations Across Northeast Burger King Locations
December 03 2020 - 9:40AM
Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the
“Company”), a leading owner, operator, and provider of electric
vehicle (EV) charging equipment and services, today announced an
agreement with JSC Management Group, a large Burger King
franchisee, to deploy numerous EV charging stations at key Burger
King locations across the Northeast. Blink will maintain ownership
of the charging stations deployed at JSC Burger King locations, and
additional JSC locations will be added to the Blink network in late
2020/early 2021.
“These new charging stations are a key example
of how Blink creates unique solutions for every partner and at
every location,” commented Michael D. Farkas, Founder and Chief
Executive Officer of Blink. “Blink works with partners to identify
not just the types of charging equipment needed, but also the best
business model for the partnership – by determining whether
operation and ownership should be by Blink, by the partner, or in
collaboration.” Through this agreement, JSC will host the Level 2
IQ 200 fast charging stations while Blink will retain ownership and
operate the stations.
“Our charging equipment and services are ideally
suited for deployment in retail, commercial, or workplace settings,
and are particularly effective for restaurants, as franchise owners
are able to provide their customers fast, level 2 experience with
little to no out-of-pocket cost via the Blink-owned business model.
With our equipment and owernship flexibility model and Burger
King’s expansive presence across the U.S., we believe our
installations at JSC’s Northeast properties will be the first of
many more to come,” continued Michael D. Farkas, Founder and Chief
Executive Officer of Blink.
Twenty-six dual-port Level 2 IQ 200 charging
stations will be deployed at 10 key Burger King locations across
the Northeast. This includes five locations that are currently
operational at JSC Rhode Island and New York Burger King’s
locations, and continues Blink’s significant expansion in the
region. Additional locations will be announced later. JSC owns and
operates more than 60 Burger King locations across Connecticut,
Massachussetts, New York, and Rhode Island.
“We’re excited to see the continued adoption of
EV charging infrastructure across the restaurant industry, and we
look forward to working with JSC to bring additional EV charging
stations to Burger King locations across the Northeast. They are a
partner who truly understands that their customer base will
continue to grow in conjuction with the burgeoning market for EVs,”
continued Farkas.
James and Sarah Cammilleri Co-CEO’s of Burger
King Franchisee JSC, added “JSC Management Group LLC is constantly
searching for and implementing solutions and customer amenities to
stay ahead of the curve. We are excited to partner with Blink
Charging in our new construction sites and current remodeling
plans.”
Rhode Island and New York Locations Now
Featuring Blink EV Charging
- 130 Prospect Street, Attica, NY
- 1238 State Route 332, Farmington, NY
- 280 Broad Street, Providence, RI
- 45 Pleasant Valley Parkway, Providence, RI
- 60 Hartford Avenue, Providence, RI
The Blink IQ 200 dual-port unit features two of
the fastest level 2 AC charging stations available on the market,
with a maximum output of 80 amps. The dual-port chargers can be
deployed utilizing local load management or each independently on
their own circuit.
###
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
the Company’s charging locations worldwide. Blink Charging’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, the Company 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/.
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 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.com855-313-8187
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