City of Plano, Texas Upgrades Existing EV Charging Infrastructure to the Blink IQ 200
15 April 2021 - 11:46PM
Blink Charging Co. (Nasdaq: BLNK, BLNKW) ("Blink" or the
"Company"), a leading owner, operator, and provider of electric
vehicle (EV) charging equipment and services, announced that all 19
first-generation Blink EV charging stations in the city of Plano,
Texas have been upgraded to the Company’s IQ 200 fast Level 2
charging stations. The upgrades and five-year agreement with
automatic renewals reaffirm the city’s and Blink’s commitment to
providing accessible, reliable, and fast EV charging infrastructure
throughout the community. Blink will own and operate the EV
chargers.
Plano was an early adopter of EV charging
technologies, deploying the 19 original, first-generation Blink EV
chargers in 2012. The city is experiencing a significant increase
in EV use among its population, reflected in a 39% increase in the
number of registered battery-electric and plug-in hybrid vehicles
since 2016. Upgrading the Blink-owned first-generation equipment
was a priority as the city prepares for what is expected to be
continued widespread EV adoption by residents and visitors to
Plano.
"We are thrilled that Plano continues to be a
pioneer in the EV charging space in Texas. The state is third in
the country for the adoption of electric vehicles, and through this
upgrade agreement, Plano is leading the way in infrastructure
development. With the new Blink IQ 200s, Plano residents can have
confidence that their city's charging infrastructure is well
positioned to meet their charging needs today and to serve the EVs
of tomorrow," commented Brendan Jones, President of Blink
Charging.
Yarcus Lewis, Plano Sustainability Projects
Supervisor, commented, "We’re excited to have this opportunity to
upgrade our existing charging stations to Blink’s IQ 200 units. The
upgrade process was seamless, and their technicians handled
everything, which was good news to our facilities department."
"Increasingly, cities like Plano and San Antonio
are turning to Blink to electrify their transportation
infrastructure. We believe these partnership opportunities are a
testament that the quality of Blink products and services and
illustrate the value of our attractive and flexible business
models, " stated Jones.
Blink's IQ 200 units are among the fastest level
2 AC charging stations available on the market, with a maximum
output of 80 amps. The Blink IQ 200 chargers have been well
received by leading EV industry experts.
###
ABOUT BLINK CHARGINGBlink
Charging Co. (Nasdaq: BLNK, BLNKW) is a leader in electric vehicle
(EV) charging equipment and has deployed over 23,000 charging
stations, 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 StatementsThis
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
Contact PR@BlinkCharging.com
Blink Investor Relations
Contact IR@BlinkCharging.com855-313-8187
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