Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink”), a leading
designer, manufacturer and owner-operator of electric vehicle (EV)
charging equipment and services, today announced it is showcasing
three new state-of-the-art EV chargers at the 2022 Los Angeles Auto
Show further rounding out the Company’s hardware product portfolio.
The release of these of three new products follows recent
significant software launched in October.
Displayed at the year’s leading electric vehicle
auto show are products that will provide robust, flexible and
intelligent solutions to the fastest growing segments for EV
infrastructure; single-family residential, fleet, and small
footprint DC fast charging. These offerings are designed to provide
drivers, property owners and fleet managers with more advanced
solutions to their charging needs and complement the recently
launched Blink Charging Mobile App and rebuilt-from-the-ground-up
Blink Network, rounding out a full line of EV charging
solutions.
The Blink LA Auto Show product exhibit is
located in the Los Angeles Convention Center’s West Atrium at booth
#11 and features the complete Blink product line-up as well as EVs.
The Company will host a press conference today, November
17, at 5:05 p.m. PST
with additional product and OEM relationship details provided by
Blink executives. Attendees will hear Blink executives provide
details on the new and up-coming technology offerings, answer
questions about the state of the charging industry infrastructure,
discuss existing relationships with auto manufacturers, and share
what’s next for the leading EV charging company. The press
conference will also be live-streamed via YouTube here.
“There is no better place than here at the LA
Auto Show, one of the most influential and pre-eminent EV auto
shows in the world, to unveil these additional new chargers further
expanding our state-of-the-art product line up,” said Michael D.
Farkas, Chairman and Chief Executive Officer of Blink Charging.
“These next-gen technologies empower drivers and businesses via a
seamless, efficient, and affordable charging experience, making
charging – and switching to an EV in general – easier than ever
before.”
Blink’s new products being unveiled at the Los
Angeles Auto Show, include:
30kW DC Fast Charger
A great new addition to Blink’s DCFC lineup is
the new Blink 30 kW DC Fast Charger, a small-footprint charging
station designed for speed and flexibility. It features a 7-inch
LCD touchscreen display that provides drivers with an intuitive
charging process – displaying instructions, real-time feedback
while charging, services available, payment options, and any
transaction errors.
The Blink 30 kW DCFC was designed to quickly
charge tomorrow’s EVs today and offers the perfect balance of size
and power, providing up to 100 amps and 1000 volts of output. This
announcement comes on the heels of the launch of the entirely
rebuilt Blink Network, which was redesigned with market-leading
architecture and responsiveness to provide more than 99% uptime and
over-the-air firmware updates to the charging station which
connects either with 4G LTE cellular or WiFi connection. This
innovative DCFC solution offers multiple mounting options to fit
any desired location and comes with a 16-foot-long charging cable
with a CCS1 connector.
MQ 200
The new MQ 200 provides a significant boost to
the electrification of fleet vehicles and makes charging more
accessible for EV drivers living in multifamily buildings. Now
available for purchase, this advanced charger is designed for
fleets and multifamily locations with a fast 50-amp output and
effortless user experience. With a focus on efficiency and
intelligent scalability, the MQ 200 offers 4G and WiFi connections,
Smart Grid technology for direct communication to local utilities,
local load management for two or more chargers to share power from
a single circuit, and Plug & Charge (ISO 15118) functionality
which allows any vehicle with this capacity to start a charger
instantly after plugging in.
Paired with the Blink Fleet Portal, a robust new
management tool for maximum visibility and real-time control, this
unit is the perfect EV charging solution for large-scale charger
deployments.
HQ 200
The recently announced Blink HQ 200, is an
all-new next generation home charger and now available for
purchase. With more than 80 percent of EV drivers expected to
charge at home, Blink’s Level 2 HQ 200 is the perfect home charging
solution for a new generation of EV drivers. A smart product, the
HQ 200 is equipped with intelligent and intuitive Wi-Fi options,
providing remote operation and monitoring capabilities as well as
the ability to communicate with smart home devices like Alexa,
Google Home and Apple Siri. The HQ 200 features a sleek design,
output of up to 50 amps and easy installation for both indoor and
outdoor locations, all at a competitive price point.
The new home charger also features energy
management technology, such as the ability to schedule charging
hours, allowing customers to take full advantage of off-peak
electricity rates and maximize the efficiency, affordability, and
convenience of every charge. Similarly, the easy- to-install
charger features smart load sharing technology, enabling users to
charge multiple EVs on a single circuit.
The HQ 200 intelligent home charger is available
for sale now at BlinkCharging.com. Attendees to the auto show can
also register to win an HQ 200 during the event.
Also, on display at the Blink exhibit is the
Lordstown Endurance, an all-electric pickup for commercial fleets
with smart design that optimizes critical capabilities such as
traction and maneuverability, safety and trailering. The vehicle,
on loan from Lordstown Motors is in the running for the 2023 North
American Truck of the Year award.
Blink is the only complete, end-to-end global EV
charging provider, delivering advanced technology solutions for all
EV customers, including consumers, fleets, businesses, retailers,
developers, and municipalities. Blink’s unique owner-operator model
provides customers and partners with industry-leading charging
stations for every location and a 360-degree solution they can rely
on in a rapidly evolving market. Offering the most flexibility in
the industry, Blink’s personalized and strategic business models
also achieve customer goals whether partners want to own, partner
with, or host their charging infrastructure.
###
About Blink Charging
Blink Charging Co. (Nasdaq: BLNK, BLNKW), a
leader in electric vehicle (EV) charging equipment, has deployed
nearly 59,000 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/.
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 our
estimate of U.S. charger production and those described in Blink
Charging’s Q3 2022 Form 10-Q and other 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
Contact IR@BlinkCharging.com 855-313-8187
Blink Media
Contact PR@BlinkCharging.com
Blink Charging (NASDAQ:BLNK)
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