Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink” or the
“Company”), a leading manufacturer, owner, operator and provider of
electric vehicle (EV) charging equipment and services, today
launched five new products at the Consumer Electronics Show (CES)
2023. The new products include the Vision, EQ 200, Series 3, PQ
150, and 30kW DC Fast Charger, which are designed to serve the
increasing demands of the growing EV markets across the U.S.,
Europe, Asia and Latin America. Blink Charging will be showcasing
the new products, along with their broader line of EV charging
solutions, at the Las Vegas Convention Center’s West Hall at booth
#7301 and will host a press conference today, January 5, at 11:00
a.m. PST at its booth. The press conference will be live streamed
via YouTube here.
The electric vehicle revolution is upon us, with
global sales continuing to skyrocket. New funding and tax credits
resulting from the Infrastructure Investment and Jobs Act (IIJA)
and the Inflation Reduction Act (IRA) are anticipated to accelerate
adoption in the U.S. even further. With more EVs hitting the road
than ever before, Blink is positioned to play a leading role in the
buildout of the charging infrastructure needed to fuel this new
electrified fleet. Following a year of incredible growth – from
industry-leading acquisitions to the addition of Buy
America-compliant manufacturing capabilities – Blink is again
expanding its product line to power the future of electrified
transportation for consumers, fleets, businesses, retailers,
developers and municipalities, both in the U.S. and globally.
“With the launch of these new state-of-the-art
products, Blink is expanding our offerings to meet the needs of
customers across the entire EV ecosystem as adoption accelerates
around the world,” said Michael D. Farkas, Chairman and CEO of
Blink Charging. “We are excited to continue our growth into new
markets and help lead the transition to clean, reliable and
accessible mobility powered by electricity.”
Building on 14 years of experience, Blink is the
only complete, end-to-end solution for the EV charging ecosystem.
Providing the most flexibility in the industry, Blink’s unique
business models empower personalized EV charging strategies that
achieve customer goals and ensure success whether customers want to
own, host or operate their charging infrastructure.
Blink Charging products being unveiled at CES
2023 include:
VisionThe reimagined Vision is
designed as a two-in-one solution to attract and captivate drivers
and provide site hosts and advertisers an innovative media
solution. With a newly designed 55” LCD screen capable of
displaying static and dynamic advertising, the Vision is the ideal
point-of-charge advertising solution with two 80 amp, 19.2kW ports
that can charge simultaneously. The Vision offers easy payment
via RFID, Apple Pay, Google Wallet, and all major credit cards.
Additional features include cloud connectivity via built-in 4G LTE
signal, retractable cable management and dual cable configurations
with two universal J1772 plugs and a built-in camera for additional
security. Site owners can benefit from charging and advertising
revenue share models for this product.
EQ 200The EQ 200 is an
intelligent, affordable, and scalable charging solution designed
for European and South American markets. Offering up to 22kW of
power and an innovative modular design, this product fits any
location and can be tailored to the specific needs of market
segments. The EQ 200 is prepared for the future by supporting
technologies like ISO-15118, OCPP 2.0, and bi-directional charging,
also known as Vehicle-to-Grid (V2G). The charger also offers
customization and rebranding options available to fit each user’s
needs.
Series 3The Series 3 is a
flexible and versatile EV charging solution designed for both two-
and three-wheeler EVs. Designed for the APAC and Latin American
markets, the Series 3 provides up to 15 amps of output in a compact
form, making it ideal for installation at small shops and
residential and commercial parking areas. Its built-in electric
metering allows customers to manage electricity costs with an
intuitive, smart network connection. Further, up to 45 charging
points can be connected with a single communication gateway.
PQ 150The PQ 150 is a smart
charging cable designed for residential charging in European
markets. Offering up to 22kW of power, the PQ 150 is simple and
easy-to-use with no installation necessary and provides the highest
safety level on the market today. With Bluetooth, WiFi and optional
SIM/GSM & GPS functionality, this product offers advanced
technology in a simple, sleek design.
Series 9 30kW DC Fast
ChargerThe Series 9 30kW DC Fast Charger is Blink
Charging’s latest solution for fast charging across global markets.
A small footprint charging station designed for speed and
flexibility, this product was designed to quickly charge tomorrow’s
EVs today and offers the perfect balance of size and power,
providing up to 100 amps and 1,000 volts of output. A 7-inch LCD
touchscreen display provides drivers with an intuitive charging
process and the charger integrates with the newly-redesigned Blink
Network over a Wi-fi, ethernet, or 4G connection, offering
high-performance, compatibility, and remote monitoring.
This announcement comes on the heels of several
exciting developments at Blink Charging, including the showcase of
three of its newest charging products – the MQ 200, HQ 200 and 30kW
DC Fast Charger – at the LA Auto Show in November and the release
of the entirely rebuilt Blink Network and Blink Charging Mobile App
in October. In the same month, Blink Charging also announced its
search for a new state-of-the-art manufacturing facility in the
United States, reaffirming its commitment to domestic
manufacturing.
Products also on display at the Blink Charging
booth at CES include the IQ 200, the fastest Level 2 AC charging
station available on the market providing 80 amps of output and
approximately 65 miles of charge in an hour; the Series 4 that
provides safe, flexible charging for EV drivers where they charge
the most, at home; the Series 7 that enables property managers to
build the charging infrastructure needed to support electric
vehicles at business locations; and the Series 8, a smart EV
charging station that allows drivers to pay how they want while
providing a robust charging experience.
###
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, healthcare/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.com855-313-8187
Blink Media
Contact PR@BlinkCharging.com
Blink Charging (NASDAQ:BLNK)
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