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 the successful transition of all former SemaConnect
networked chargers and services to the new Blink Network. This move
showcases the Blink Network’s cutting-edge technology and
user-friendly design, providing enhanced visibility for site hosts
and a reliable charging experience for drivers. The transition also
marks the final step in integrating SemaConnect into the Blink
Charging family following its acquisition in June 2022.
“The integration of our SemaConnect chargers
into the Blink Network is a significant milestone, symbolizing the
culmination of our efforts to fully merge the two companies after
rebranding the units and operations earlier this year. By combining
their strengths and value, we can assure our customers that they
have access to state-of-the-art chargers paired with the innovative
products and exceptional service they deserve,” said Brendan Jones,
President and Chief Executive Officer of Blink Charging.
The newly “rebuilt from the ground up,”
cloud-based Blink Network offers an interactive and expandable
platform, with regular feature additions. Former SemaConnect
customers can conveniently manage their chargers, customize
charging rates based on user groups and zones, and track energy
usage and fees for each charging session.
“Last year, Blink successfully developed and
built an advanced EV management platform, leveraging the latest
proven technologies that can effectively adapt to the evolving
needs of the EV infrastructure industry as it progresses. The rapid
integration of SemaConnect’s hardware and features into this
platform demonstrates the iterative nature of our platform and
marks the beginning of continuous process of enhancing, improving,
updating, and expanding our software capabilities,” commented
Harjinder Bhade, Blink’s Chief Technology Officer.
The Blink Network also empowers site hosts to
onboard and connect Blink chargers globally, providing
international management capabilities in multiple languages,
including English, Spanish, French Canadian, Greek, and Hebrew.
Additional languages will be added to meet the needs of all Blink
users. Multiple currency support is also included. Site hosts gain
expanded functionality in creating dynamic pricing protocols
tailored to application, location, and schedule. The robust new
host portal provides complete visibility and control for site hosts
across all networked chargers and locations.
Designed to enhance the user experience across
various segments, including residential, multifamily, retail,
workplace, and hospitality The Blink Network consolidates all
functionalities onto a single platform, including fleet management.
This makes the Blink Network the most comprehensive solution
available in the market.
Blink Charging’s acquisition of SemaConnect in
June 2022 solidified its leadership position, establishing a fully
integrated supply-chain, engineering, and in-house manufacturing
capability. With over 10,000 EV chargers currently in production,
and plans to scale up to 50,000 per year, Blink Charging’s in-house
manufacturing and US-based assembly align with the Biden
Administration’s “Buy American” initiatives.
Earlier this year, SemaConnect smoothly
transitioned and rebranded to Blink Charging, accompanied by an
updated look for the existing SemaConnect branded chargers, and the
conversion to the BlinkCharging.com. The website, now serves as a
centralized platform, integrating all external sales and marketing
assets.
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About Blink Charging
Blink Charging Co. (Nasdaq: BLNK), a global
leader in electric vehicle (EV) charging equipment, has contracted,
sold, or deployed nearly 73,000 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 Contact Jon Myers
PR@BlinkCharging.com 305-521-0200 ext. 266
Blink Investor Relations
Contact Vitalie Stelea IR@BlinkCharging.com 305-521-0200
ext. 446
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