Blink Charging Signs Agreement with AAA to Offer Electric Vehicle Products to Affiliated Service Providers Nationwide
06 Juli 2023 - 3:35PM
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, announced
today an agreement with AAA to become a preferred supplier. This
strategic agreement enables Blink to offer leading EV charging
products and services to affiliated AAA service providers, thereby
expanding the range of EV charging solutions available to drivers
and AAA members in need.
Over time, Blink and AAA have fostered a strong
and mutually beneficial relationship. Blink has successfully
installed on-site chargers at numerous AAA branch offices,
AAA-owned repair facilities, and auto repair shops, ensuring
convenient access to EV charging services for members with diverse
EV charging needs. Notably, AAA was an early adopter of Blink’s
first-generation Mobile Charger in 2019, which facilitated roadside
charging in select cities. Now, Blink will extend its offerings to
AAA service providers, supporting their efforts to adapt to the
evolving demand for EVs.
Initially, this program will benefit 19 AAA
clubs and affiliates at over 60,000 locations across the nation.
These entities will enjoy significant cost savings, thanks to a
streamlined ordering process and preferred pricing options. By
introducing additional EV charging solutions to their facilities
and fleets, AAA clubs can attract more drivers. Furthermore, the
program equips roadside assistance providers with enhanced tools to
serve EVs efficiently.
Michael Battaglia, Chief Revenue Officer for
Blink Charging, expressed the importance of this collaboration,
stating, “We are thrilled to cooperate with AAA, enabling clubs and
service providers to build a robust EV charging infrastructure
using Blink’s extensive line of products and solutions.” As EVs
become increasingly commonplace, there is a growing demand for
charging services along with roadside assistance. Teaming up with
AAA presents a great solution, and Blink is excited to offer AAA’s
EV members the same level of exceptional service and reliability
that AAA has been synonymous with for over a century.”
“AAA is proud to have been serving members for
over 120 years. During this time, road service has remained the
main reason for membership growth; this may be attributed to the
association’s ability to evolve along with technology and changes
within the automotive space. Today, EVs play a pivotal role in the
changing automotive industry, and AAA is thrilled to welcome Blink
as a Preferred Supplier providing roadside EV solutions to our
members”, says Cliff Ruud, Automotive Managing Director at AAA,
Inc.
###
About Blink Charging
Blink Charging Co. (Nasdaq: BLNK), a 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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