Blink Charging and UBS Asset Management Sign Agreement for Deployment of EV Charging Stations and Services
08 Setembro 2022 - 10:15AM
Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink”) a leading
owner, operator and provider of electric vehicle (EV) charging
equipment and services and UBS Asset Management’s Real Estate &
Private Markets business today announced a mutual service agreement
for the deployment of Blink charging stations and related services
to UBS-owned properties throughout the United States.
This agreement allows UBS to select from Blink’s
flexible business models to support the unique needs of each
facility. As stations are deployed, UBS tenants will have access to
the latest EV charging technology that provides speed, ease of use,
and an affordable energy source for powering the automobiles of the
future.
“We are pleased to provide UBS with access to
the broad range of Blink products, services and innovative
solutions,” said Michael D. Farkas, Chairman and Chief Executive
Officer of Blink. “The Blink network of EV chargers will provide
industry-leading charging solutions for tenants at multifamily
locations as they continue to build a greener future while
enhancing their business operations.”
“We continue to work towards lowering our
emissions at our properties and delivering value to tenants and
investors through the implementation of EV charging stations,“ said
Vasilios Diakogeorgiou, Head of Strategic Initiatives, UBS Asset
Management. “We look forward to working with Blink to provide our
multifamily tenants with EV chargers.”
Blink offers a full range of EV stations
deployment configurations, including single and multiple cord
pedestals, individual and paired wall-mount chargers, DC fast
chargers, and even single-family residential charging stations. In
addition, Blink offers its proprietary Blink Network, a cloud-based
system that operates Blink EV chargers and their charging data. The
Blink Network provides hosts remote monitoring and management,
payment processing, and provides EV drivers with vital EV charger
information.
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About Blink Charging
Blink Charging Co. (Nasdaq: BLNK, BLNKW), a
leader in electric vehicle (EV) charging equipment, has deployed
over 51,000 charging ports across 25 countries, many of which are
networked EV charging stations, enabling EV drivers to easily
charge at any of Blink’s charging locations worldwide. Blink’s
principal line of products and services includes the Blink EV
charging network (“Blink Network”), EV charging equipment, EV
charging services, and the products and services of recent
acquisitions, including SemaConnect, Blue Corner and BlueLA. 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, Blink 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/.
About UBS Asset
Management
Asset Management is a large-scale asset manager
with a presence in 23 markets. It offers investment capabilities
and investment styles across all major traditional and alternative
asset classes to institutions, wholesale intermediaries and wealth
management clients around the world. It is a leading fund house in
Europe, the largest mutual fund manager in Switzerland, the second
largest fund of hedge funds manager and one of the largest real
assets investment managers in the world.www.ubs.com/realestate
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.
Blink Investor Relations
ContactIR@BlinkCharging.com855-313-8187
Blink Media
ContactPR@BlinkCharging.com
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