Blink Charging to Provide EV Charging Infrastructure for City of Alameda

Rhea-AI Summary

Blink Charging (NASDAQ: BLNK) has secured an agreement with the City of Alameda, California to provide up to 50 EV charging ports throughout the city. The implementation will occur in two phases: Phase 1 includes 13 Level 2 and DCFC ports across four locations, while Phase 2 will add 34 more ports, subject to funding and aligned priorities.

The collaboration involves Blink working with city officials to identify optimal locations for the charging infrastructure. Blink will provide comprehensive services including site assessment, preparation, installation, maintenance, repair, warranties, and product training. Installations are scheduled to begin in 2025, with the exact number of chargers and locations subject to adjustment.

Positive

• Secured contract for up to 50 EV charging ports in Alameda, CA
• Guaranteed Phase 1 deployment of 13 charging ports across 4 locations
• Comprehensive service agreement including maintenance and support

Negative

• Phase 2 deployment (34 ports) contingent on funding availability
• Final number of chargers and locations subject to adjustment

Blink to provide expanded charging availability and support a more sustainable future for the state

Bowie, Md., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator, provider and manufacturer of electric vehicle (EV) charging equipment and services, has announced it has reached an agreement to provide up to 50 EV charging ports throughout the City of Alameda, California.

The agreement sets the stage for Blink Charging and the City of Alameda to collaboratively identify sites and install public charging solutions for residents and visitors to the area. Blink and the City are targeting installations to begin this year.

Phase 1 of the agreement will include the deployment of 13 Level 2 and DCFC ports across four locations in Alameda. Phase 2 will add 34 more ports, contingent upon available funding and the aligned priorities of Blink and the city, to be installed at publicly accessible charging stations throughout the city.

The exact number of chargers and locations is subject to adjustment. Blink is working with Alameda officials to identify and deploy critical EV infrastructure throughout the city.

Additionally, Blink will provide related services such as site assessment and preparation, installation, maintenance, repair, parts and supplies, warranties, and product training.

“We’re excited to be working with the City of Alameda on this project to bring the community convenient EV charging solutions,” said Mike Battaglia, Blink’s President and CEO. “Alameda was looking to partner with a reliable charging solution that could potentially service the entire city portfolio. As the need for chargers in Alameda continues to grow, we look forward to working with the city to develop additional sites. It’s rewarding to have a direct role in reducing emissions and contributing to energy independence while enhancing the EV driver experience in Alameda. We are grateful for the city’s trust and our shared vision.”

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About Blink Charging

Blink Charging Co. (Nasdaq: BLNK) is a global leader in electric vehicle (EV) charging equipment and services, enabling drivers, hosts, and fleets to transition to electric transportation through innovative charging solutions easily. Blink’s principal line of products and services include Blink’s EV charging network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network utilizes proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. 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://blinkcharging.com/

Blink Media Contact
Nipunika Coe
PR@BlinkCharging.com
305-521-0200 ext. 266

Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com
305-521-0200 ext. 446

FAQ

How many EV charging ports will Blink Charging (BLNK) install in Alameda?

Blink Charging will install up to 50 EV charging ports in Alameda, with 13 ports in Phase 1 and potentially 34 more ports in Phase 2.

When will Blink Charging (BLNK) begin installations in Alameda?

Blink Charging plans to begin installations in Alameda in 2025.

What services will Blink Charging (BLNK) provide in the Alameda project?

Blink will provide site assessment, preparation, installation, maintenance, repair, parts and supplies, warranties, and product training services.

Is the Phase 2 deployment of Blink Charging (BLNK) ports in Alameda guaranteed?

No, Phase 2 deployment of 34 additional ports is contingent upon available funding and aligned priorities between Blink and the city.