Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a
leading global manufacturer, owner, operator and provider of
electric vehicle (EV) charging equipment and services, today
announced that, effective August 25, 2023, it has appointed Aric
Ohana as President of Blink Mobility, a wholly owned subsidiary of
Blink Charging, a provider of affordable and clean transportation
alternatives (Blink Mobility). The appointment marks an exciting
moment of growth as electric car-sharing expands globally.
“The electric car-share market continues to rise
and offer incredible benefits to drivers as well as to the EV
community, requiring focused attention that Aric will be able to
deliver and advance Blink Mobility’s presence in this space,” said
Brendan Jones, President and CEO of Blink Charging. “Aric has the
experience and know-how to lead Blink Mobility as the industry
continues to expand in popularity around the world.”
Mr. Ohana will join Blink’s executive team in
this effort as well as overseeing Blink Mobility’s day-to-day
strategic operations, managing a team of highly qualified
professionals dedicated to advancing EV car-sharing throughout the
U.S. Mr. Ohana joins Blink Mobility following the recent
acquisition of Envoy, where he led Envoy’s innovative mobility
technology operations during the previous six years while acting as
Chief Executive Officer and Board member. Prior to Envoy, Mr. Ohana
was a successful entrepreneur and leader with 12 years of
experience in the real estate industry.
“As the EV car-sharing services market expands,
Blink Mobility, together with the merger of Envoy, is well
positioned to be the market leader and drive electric car-sharing
forward. I am honored to be selected to lead the Company into the
next phase of its evolution,” said Mr. Ohana. “There are great
synergies between the team of Blink Mobility’s other subsidiary,
BlueLA Carsharing, LLC (“BlueLA”), and the Envoy team, combined.
Blink Mobility will continue our national growth to bring EVs to
communities nationwide, helping to spearhead EV adoption, creating
a cleaner and more sustainable environment.”
Blink Mobility, active since 2020, and its
subsidiaries, BlueLA and Envoy, provide EV car-sharing solutions to
meet the needs of drivers. BlueLA, powered by Blink Mobility, is
focused on providing public access to affordable and clean
transportation alternatives through electric vehicles and
integrated charging solutions. Recently acquired Envoy provides
on-demand electric vehicles as an amenity to apartments, hotels,
and workplaces. Envoy equips real estate owners and operators with
a new and innovative way to enhance the lifestyle of their tenants,
members, and guests by providing a “Mobility as an Amenity™
service,” a platform that offers technology to reserve and access
vehicles, driver insurance, maintenance, electric vehicle chargers,
electric fleet, fleet maintenance, full-service mobile app,
customer support and robust analytics.
Earlier this year, Blink Mobility announced it
was awarded $7.5 million in Regional Greenhouse Gas Initiative
(RGGI) auction proceeds, to bring electric car-sharing to New
Jersey communities that lack access to reliable transportation.
This was part of an overall $70 million in Regional Greenhouse Gas
Initiative (RGGI) auction proceed awards aimed to help reduce the
upfront costs of electric trucks, buses, and equipment in
underserved neighborhoods. In addition, BlueLA, powered by Blink
Mobility, recently launched a new App, developed by Envoy under Mr.
Ohana’s direction, to provide ease of use for drivers in the
car-sharing service.
Blink Charging announced earlier this year that
its Board of Directors authorized its management to plan for the
spin-off of Blink Mobility. The intention is to
distribute a majority of its shares of
Blink Mobility as a pro rata dividend to its
existing shareholders at a future date. The terms and timing for
this transaction have not been determined, and there is no
guarantee that it will occur.
###
About Blink Charging
Blink Charging Co. (Nasdaq: BLNK), a global
leader in electric vehicle (EV) charging equipment, has contracted,
sold, or deployed more than 78,000 charging ports worldwide, many
of which are networked EV charging stations, enabling EV drivers to
easily charge at any of Blink’s charging locations. 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, BlueLA and Envoy.
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 half of passenger cars sold in the US by
2030, 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 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 Media ContactJon
MyersPR@BlinkCharging.com305-521-0200 ext. 266
Blink Investor Relations
ContactVitalie SteleaIR@BlinkCharging.com305-521-0200 ext.
446
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