Installation of chargers will provide needed infrastructure for the community and further advance electric vehicle adoption Miami Beach, FL, May 31, 2023 - Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced the deployment and installation of 34 chargers at eight locations throughout the Village of Tuckahoe, NY, building a significant EV charging infrastructure for the Village. “Electric vehicle adoption in the New York metropolitan area is strong, and additional infrastructure is needed to support growth. Tuckahoe has demonstrated vision and forward thinking to meet the needs of EV drivers in the area,” said Michael Battaglia, Chief Revenue Officer for Blink Charging. “We are excited to continue the rollout of charging infrastructure throughout the region and we thank the Village for their trust in Blink.” Tuckahoe installed Blink IQ 200 Level 2 chargers, which are centrally located in Tuckahoe’s Fisher Ave, Lake Ave., Main St, and Oak Avenue parking lots, with additional chargers located in Depot Square and on Columbus Avenue. Tuckahoe began to install these stations in the spring of 2020 with Consolidated Edison covering much of the installation costs through their EV Make-Ready Program. Funding for the new charging stations was made possible by support from New York State’s Charge Ready NY Program, administered by the New York State Energy Research and Development Authority (NYSERDA). Con Edison’s EV Make-Ready Programs are designed to increase EV adoption and help reduce greenhouse gas emissions from the transportation sector. The charging stations support New York State’s goal of having 100% zero-emission passenger vehicle sales by 2035. Tuckahoe Mayor, Mr. Omayra Andino, Sustainable Westchester, a nonprofit, consortium of Westchester County local governments and Consolidated Edison announced the completion of this significant new EV charging network in Tuckahoe at a ribbon-cutting ceremony earlier this month. The public charging infrastructure will appeal to electric vehicle owners that find themselves in Tuckahoe for work, recreation, or access to one of Tuckahoe’s two Metro-North train stations, both of which are now only a few steps away from some of the new charging stations. Blink’s IQ 200 chargers are the fastest Level 2 AC charging stations available. Each IQ 200 produces 80 amps of output, translating to approximately 65 miles of charge in an hour. Operated on the Blink Network, they can charge any battery-electric or plug-in hybrid vehicle.
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About Blink Charging
Blink Charging Co. (Nasdaq: BLNK), a leader in electric vehicle (EV) charging equipment, has contracted, sold, or deployed nearly 73,000 charging ports worldwide, many of which are networked EV charging stations, enabling EV drivers to easily charge at any of Blink’s charging locations. Blink’s principal line of products and services includes the Blink EV charging network (“Blink Network”), EV charging equipment, EV charging services, and the products and services of recent acquisitions, including SemaConnect, Blue Corner, BlueLA and Envoy. 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 half of passenger cars sold in the US by 2030, Blink 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 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.