Blink Expands Employee Base 30% to Support Growth In Demand for EV Charging Infrastructure
05 November 2020 - 1:15AM
Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink” or the
“Company”), a leading owner and operator of electric vehicle (EV)
charging equipment and services, has strategically expanded its
employee base to support the growing demand for EV charging
infrastructure. Despite the ongoing pandemic, the Company has hired
25 people since March, with 19 being newly created positions.
“With the forecasted exponential growth in EV
adoption, we anticipate significantly increased demand for EV
charging infrastructure in the coming months and years. To ensure
that we are positioned to fully capitalize on the opportunities
we’re seeing now, as well as those farther out, Blink is
strategically adding talented employees across our organization. In
addition to new hires in operations and technology, we are
expanding our sales team to drive network growth and support key
partners such as Cushman Wakefield and Envoy Technologies,” said
Michael D. Farkas, Founder and Chief Executive Officer of
Blink.
The new positions are located at the Company’s
corporate headquarters in Miami Beach, its operations facility in
Phoenix, sales and technology positions in California, and several
sales positions across the country.
“According to Grandview Research, the global
electric vehicle charging infrastructure market, valued at more
than $11.74 billion (2019), is expected to grow by 32.0% from 2020
to 2027. We are fortunate that despite the economic challenges
presented by Covid-related shutdowns during the past several
months, we have been able to invest in the human resources to be a
part of this global growth,” Mr. Farkas added
The Company currently has an additional six open
positions posted on their website at their Miami, Phoenix, and
various remote locations. For more information, please visit
https://blinkcharging.com/corporate/careers/.
# # #
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.
Source Electric Vehicle Charging
Infrastructure Market Size, Share & Trends Analysis Report By
Charger Type (Slow, Fast), By Connector (CCS, CHAdeMO), By
Application, By Region, And Segment Forecasts, 2020 –
2027, February 2019
Blink Media Contact
PR@BlinkCharging.com
Blink Investor Relations Contact
IR@BlinkCharging.com 855-313-8187
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