Blink Charging Introduces Cable Administration Answer for New and Current EV Charger Areas

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Cable Administration Answer

Cable Administration Answer permits for a consumer-friendly charging expertise whereas lowering the variety of touchpoints on EV charging gear

Cable Administration Answer permits for a consumer-friendly charging expertise whereas lowering the variety of touchpoints on EV charging gear

Cable Administration Answer permits for a consumer-friendly charging expertise whereas lowering the variety of touchpoints on EV charging gear

New product providing addresses the wants of the estimated $17.6 billion world EV charging infrastructure market*

Miami Seashore, FL, Nov. 16, 2020 (GLOBE NEWSWIRE) — Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Firm”), a number one proprietor and operator of electrical car (EV) charging gear and providers, immediately introduced the introduction of its revolutionary Cable Administration Answer to be used with each new Blink charging stations and retrofit installations of its IQ 200 charging stations.

The cable administration product responds to the EV charging market demand for versatile EV charging gear configurations. The elegant answer effortlessly maintains the gear’s cords selling security round charging stations and ongoing preventative upkeep of EV chargers.

“This new product providing speaks to what Blink is all about—being probably the most versatile and resourceful EV charging firm. We pleasure ourselves on responding to the wants of our host places,” remarked Michael D. Farkas, Founder and Chief Government Officer of Blink.

The cable administration system is appropriate with each the oblong and triangular pedestal charging stations for brand new deployments and put in gear. It additionally works with wall or pedestal mounted chargers, holding the charging cable off the bottom whereas offering comfort for customers charging their EVs. The system features a retraction mechanism modeled after conventional fuel pump designs, guaranteeing ease of use for acquainted fuel pump operations. Moreover, the cable administration system eliminates an EV driver’s must wrap the charging cable across the pedestal, saves time for drivers, and minimizes tripping hazards. Many fleet operations and huge RFPs from utilities and municipalities more and more require cable administration options, and Blink is happy to have the ability to tackle these necessities in a chic and slim design.

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“As a pacesetter within the EV , product innovation is a main and very important focus for our Firm. Whether or not it’s the 80-amp Blink IQ 200 charger, our native load-sharing capabilities, our revolutionary transportable emergency EV chargers, or this Cable Administration Answer, we’re dedicated to increasing the portfolio of our merchandise. Our product and know-how options will profit the EV as a complete,” commented Josh Winkler, Blink’s Senior Vice President of Product and Expertise.

The Firm has indicated that it has been investing within the continued growth of its EV charging product line-up with extra product improvements anticipated. These new merchandise will add to the latest bulletins, together with the event of photo voltaic, off-grid, modular EV charging with SG Blocks, and high-power inductive DC quick charging methods with EnerSys.

The brand new Cable Administration Answer is offered for brand new or current gear hosts. Extra info is offered by contacting the Firm or visiting its web site at BlinkCharging.com.

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Pictured ABove: The Cable Administration Answer that makes use of a swivel and pulley system to maintain charging cables off the bottom

ABOUT BLINK CHARGING
Blink Charging Co. (Nasdaq: BLNK, BLNKW) is a pacesetter in electrical car (EV) charging gear and has deployed over 23,000 charging stations, lots of that are networked EV charging stations, enabling EV drivers to simply cost at any of its charging places worldwide. The Firm’s principal line of services is its Blink EV charging community (“Blink Community”), EV charging gear, and EV charging providers. The Blink Community makes use of a proprietary cloud-based software program that operates, maintains, and tracks the EV charging stations linked to the community and the related charging information. With world EV purchases forecasted to rise to 10 million by 2025 from roughly 2 million in 2019, the Firm has established key strategic partnerships to roll out adoption throughout quite a few location varieties, together with parking services, multifamily residences and condos, office places, healthcare/medical services, colleges and universities, airports, auto sellers, accommodations, mixed-use municipal places, parks and recreation areas, non secular establishments, eating places, retailers, stadiums, supermarkets, and transportation hubs. For extra info, please go to https://www.blinkcharging.com/.

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Ahead-Trying Statements
This press launch accommodates forward-looking statements as outlined inside Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Alternate Act of 1934, as amended. These forward-looking statements, and phrases similar to “anticipate,” “count on,” “intend,” “might,” “will,” “ought to,” or different comparable phrases, contain dangers and uncertainties as a result of they relate to occasions and rely upon circumstances that can happen sooner or later. These statements embody statements relating to the intent, perception, or present expectations of Blink Charging and members of its administration, in addition to the assumptions on which such statements are based mostly. Potential traders are cautioned that any such forward-looking statements usually are not ensures of future efficiency and contain dangers and uncertainties, together with these described in Blink Charging’s periodic experiences filed with the SEC, and that precise outcomes might differ materially from these contemplated by such forward-looking statements. Besides as required by federal securities regulation, Blink Charging undertakes no obligation to replace or revise forward-looking statements to mirror modified situations.

Supply
Technavio, Electrical Car Charging Infrastructure Market by Kind and Geographic Panorama – Forecast and Evaluation 2020-2024.
https://www.technavio.com/report/electric-vehicle-charging-infrastructure-market-industry-analysis

Blink Media Contact
PR@BlinkCharging.com

Blink Investor Relations Contact
IR@BlinkCharging.com
855-313-8187

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