Blink Charging celebrates Earth Day by looking to the future of global EV charging infrastructure and the company’s role in building it
Miami Beach, FL, April 22, 2020 (GLOBE NEWSWIRE) -- Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner and operator of electric vehicle (EV) charging equipment and services, today celebrates Earth Day 2020 and the role EV technology plays in moving the world towards a greener future.
“Today we honor Earth Day and the eco-friendly lifestyle choices we make to protect our planet,” said Michael D. Farkas, Founder and Executive Chairman of Blink.
“Blink was started to bring EV charging to people everywhere on a scale that had never been seen in order to drive us towards an all-electric future. Today, on the 50th anniversary of Earth Day, we are proud of the progress we’ve made and the work our team continues to do in service of a greener tomorrow.”
“The dramatic increase in air quality that we’ve seen during the COVID-19 pandemic, especially in urban areas such as Los Angeles, Beijing, and Mexico City, is a result of fewer gasoline-powered vehicles being on the road to emitting carbon emissions into the atmosphere. With more people driving EVs, that clean air doesn’t need to be a brief respite seen only during times of crisis – it can become the new normal. With greater investment from the government and private enterprise in building out EV infrastructure, consumer knowledge and awareness of cleaner transportation has never been higher. At Blink, we will continue to seize that momentum in service of building a better, greener world – for everyone.”
“Beyond the environmental advantages of driving an EV, many industry advances are making it more compelling and practical for consumers, too. In just the last 10 years, battery prices have fallen 85%, making EV cars more affordable, battery capacities have increased significantly to allow for increased driving range, and fast Level 2 charging stations, such as Blink’s 80-amp charging station, have dramatically shortened the ‘fill-up’ time of an EV.”
Blink’s industry leading charging stations are deployed across the United States and around the world, making EV charging more accessible to more people than ever before. Combined with the increased prevalence of electric cars on the market, Blink’s charging infrastructure plays a key part in the gradual replacement of gas-powered automobiles with electric ones.
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 rollout adoption across numerous location types, including parking facilities, multi-family 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.
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