Blink Charging Awarded Grant Funds for the Deployment of DC Fast Chargers at 25 Locations by the State of Florida
27 July 2021 - 11:15PM
Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the
“Company”), a leading owner, operator, and provider of electric
vehicle (EV) charging equipment and services, today announced that
it has been awarded Phase 2 grants from the Florida Department of
Environmental Protection (DEP) to deploy DC fast charging stations.
The 25 sites, featuring a total of 52 DC fast chargers, will be
located in high-traffic areas along Florida’s major interstate
highways, increasing access to EV charging for residents and
travelers and strengthening the state’s resilience measures. This
project is designed to provide fast charging opportunities across
the state’s evacuation routes in the event of natural disasters.
As the country looks to address the consequences
of climate change and extreme weather, such as from hurricanes, new
infrastructure powered by renewable energy is critical. Blink’s
charging sites are intended to enhance the state’s resilience
measures by increasing the availability and accessibility of its
electric charging infrastructure at strategic site placements along
Florida’s four main interstates on Routes 95, 75, 10 and 4. In
addition, 23 of the charging stations deployed will include modular
battery storage and solar canopies to further support the strength
of the energy grid.
“As Miami continues to position itself as a
national leader of electric vehicle and renewable energy
infrastructure, we are delighted to have companies like Blink here
in our backyard building towards a better tomorrow,” said
Mayor Francis Suarez.
The objective of Phase 2 of the Florida DEP
grants is to develop a robust network of DC fast charging
infrastructure across the state’s interstate highway system. With
funds available from the Volkswagen Settlement, Florida made $16
million available for a total of 32 proposed sites, with a maximum
grant award of $500,000 per site, all of which were individually
awarded. With 25 sites, Blink was awarded nearly 80 percent of all
available sites, bringing the company’s total grant award up to
$12.5 million.
“We are honored to have been awarded the
majority of the Florida sites for DC fast charger deployments and
to help our home state further bolster its reputation as a leader
in EV adoption,” commented Michael D.
Farkas, Founder & CEO
Blink. “Minimizing barriers to EV charging is critical to
increasing consumer adoption of EVs, and with 25 new sites across
the state, we are continuing our mission to provide EV charging
where and when drivers need it. As the EV market rapidly
accelerates, we are continuing to expand our DC fast charging
footprint across the nation to provide the fast charging
infrastructure required for the electric mobility
transformation.”
The grant award locations include agreements
between Blink and consumer brands that will serve as site host
partners. Each location will deploy two 175kW DC fast chargers and
deployment will begin this fall.
Blink’s 25 DC fast charging locations include:
Alachua County
- SW 40th Blvd, Gainesville, FL 32608
Brevard County
- Cheney Hwy, Titusville, FL 32780
Broward County
- SW 12th St, Deerfield Beach, FL 33442
Charlotte County
- Indian Trail, Punta Gorda, FL 33950
Columbia County
- NW Centurion Ct, Lake City, FL 32055
Duval County
- US-301 S, Baldwin, FL 32234
- J Turner Butler Blvd, Jacksonville, FL 32216
Escambia County
- N Davis Hwy, Pensacola, FL 32514
Gadsden County
- Commerce Blvd, Midway, FL 32343
Jackson County
- FL-71, Marianna, FL 32448
Jefferson County
- Pafford Dr, Lamont, FL 32336
Madison County
- SE Bandit St, Madison, FL 32340
Manatee County
- 67th St. Circle East, Bradenton, FL 34208
Marion County
- NW 34th Ave, Ocala, FL 34475
Martin County
- Lost River Rd, Stuart, FL 34997
Miami-Dade County
- NE Miami Gardens Dr, North Miami, FL 33179
Okaloosa County
- South Ferdon Blvd, Crestview, FL 32536
Palm Beach County
- W Boynton Beach Blvd, Boynton Beach, FL 33426
Polk County
- Lakeland Hills Blvd, Lakeland, FL 33805
- US-27, Davenport, FL 33897
Santa Rosa County
Suwannee County
- US 129, Live Oak, FL 32060
Volusia County
- FL-44, New Smyrna Beach, FL 32168
Walton County
- US 331, Defuniak Springs, FL 32435
Washington County
- Main St, Chipley, FL 32428
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ABOUT BLINK CHARGING
Blink Charging Co. (Nasdaq: BLNK, BLNKW) is a
leader in electric vehicle (EV) charging equipment and has deployed
over 30,000 charging ports in 13 countries, 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 includes 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 vehicles 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 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, 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 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 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 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.com 855-313-8187
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