Blink Charging Awarded Supplier Contract With Sourcewell
September 21 2021 - 10:13AM
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 that
it has been awarded a cooperative purchasing contract, in the
Electric Vehicle Supply Equipment category, from Sourcewell, a
self-sustaining government organization that offers contract
purchasing solutions.
Sourcewell’s cooperative purchasing program
includes more than 400 competitively solicited contracts to
government, education, and nonprofit entities. Utilizing Sourcewell
contracts, participating agencies can save time and money by
capturing the collective buying power of more than 50,000
organizations. For product providers such as Blink, sourcewell
provides new prospective clients for their products.
“We’re excited to have been awarded a purchasing
contract with Sourcewell, to make our EV chargers available to the
municipal and nonprofit entities that Sourcewell serves. As more
and more drivers transition to EVs, the installation and
availability of reliable charging infrastructure is critical. We’re
optimistic that this Sourcewell contract will help municipalities
streamline the procurement process, making it easier to get Blink
EV Charging stations installed in local communities and help
further the acceleration of electric vehicle use,” commented
Michael Battaglia, Senior Vice President of Blink.
The Sourcewell agreement is among several that
Blink Charging has announced recently further expanding its
distribution channels for its product line-up of commercial and
residential EV charging stations.
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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 30,000 charging ports across 13 countries, 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 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 ContactPR@BlinkCharging.com
Blink Investor Relations
ContactIR@BlinkCharging.com
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