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As Chile Aggressively Promotes Green Transportation Blink and Electrochile Join Forces to Expand the Country’s EV Charging Infrastructure

Posted 10/01/2019

Miami Beach, FL - Blink Charging Co., a leading owner and operator of electric vehicle (EV) charging products, announced today that the company has entered into a multi-year agreement with ElectroChile to bring electric vehicle charging stations to Chile, supporting its emphasis on green, clean transportation. The agreement comes just months after the Country took shipment of its first fleet of 100 electric buses which the Chileans hope will revolutionize their public transportation.

The agreement between US-based Blink Charging and Chilean ElectroChile SpA provides the structure for joint promotion and deployment of the fastest Level 2 EV charging equipment available, the Blink IQ 200 electric vehicle charging stations, across the Country.

“It is exciting to take this step with Blink, bringing the infrastructure required for mass adoption of electric vehicles in Chile. We’ve seen impressive efforts by our government to abate pollution through the availability and encouragement of electric vehicles, taxis, public buses, and even electric scooters. Making Blink equipment available will only help with adoption of these greener transportation alternatives,” stated Raimundo Aranguiz, ElectroChile General Manager.

Chilean Energy Minister Sussana Jimenez has publicly encouraged the adoption of electric vehicles stating the country would like to have 40 percent of Chile’s private fleet and 100 percent of public vehicle fleets electrified by 2050. 1

“We are thrilled to be continuing our mission of making EV charging solutions available and easily accessible across the globe. Partnering with ElectroChile was a natural fit for Blink and presents an exciting opportunity to expand the infrastructure needed for the mass adoption of electric vehicles,” shared Michael D. Farkas, Blink Founder, and CEO.

With few publicly available EV charging stations, this is the first step in encouraging the use of electric vehicles in Chile. Blink, together with ElectroChile, will educate business owners, companies, and municipalities of the benefits of providing EV charging stations to their visitors, shoppers, employees, and constituents. The availability of EV charging at these locations will reassure drivers of electric vehicles that they can always find somewhere to charge on and continue on their way.

The Blink IQ 200 is currently the leading EV charging equipment owner and operator in the U.S., offering drivers the fastest Level 2 AC charge. The charging stations deliver up to 19.2 kWh output and can be deployed on circuits ranging from 12 – 100 amps. Blink currently has deployed more than 15,000 charging stations across the U.S. and plans to work vigorously with ElectroChile to install them across Chile as well.

For more information regarding the agreement or for details regarding installing EV charging stations, please contact Blink at (888) 998-2546.

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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://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.

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