Kings College NHS Trust Selects Blink Charging to Install 41 EV Chargers at Orpington's Princess Royal University Hospital
Rhea-AI Summary
Blink Charging UK has secured a three-year contract with Kings College NHS Trust to install and manage 41 EV chargers at Princess Royal University Hospital. Starting May 2025, the project includes installing 35 ground-floor and 6 first-floor vehicle-to-grid chargers, along with 21 contactless payment terminals. The installation is part of Kings' Green Plan to achieve Net Zero healthcare services. Blink UK won the contract against 20 competitors through the Crown Commercial Framework, marking its 14th NHS Trust contract and positioning it as one of the UK's leading NHS EV charging providers.
Positive
- Secured new 3-year contract for 41 EV chargers installation
- Expanded NHS Trust contracts portfolio to 14, becoming a leading provider
- Won competitive bid against 20 other suppliers
- Project includes potential expansion to additional sites
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, BLNK declined 5.36%, reflecting a notable negative market reaction.
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London, UK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Blink Charging UK (“Blink UK”), a subsidiary of Blink Holdings BV, a wholly owned subsidiary of Blink Charging Co., a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced the Company has been awarded a three-year contract to install, maintain and manage 41 electric vehicle (EV) chargers and contactless payment terminals at Kings College NHS Trust’s flagship Princess Royal University Hospital. Beginning May 2025, hospital patients, visitors, and staff will be able to charge their EVs quickly and easily at one of 41 new charging bays and pay seamlessly using one of the new 21 contactless payment terminals.
In the project's first phase, Blink UK will install new chargers in the hospital car park, with 35 located on the ground floor and six on the first floor. The new chargers are one of a new generation of vehicle-to-grid chargers designed to boost the development and efficiency of an EV charging infrastructure.
21 contactless payment terminals will also be installed at convenient points in the car park and nearby areas, to allow hassle-free payment.
“Blink UK is excited about the opportunity to work with Kings College NHS Trust in an effort to advance sustainable mobility for their hospital patients, visitors, and staff,” said Alex Calnan, Managing Director of Blink UK.
Over the course of the three-year project more chargers are expected to be installed at additional sites in the King’s College NHS Trust estate. The EV charging installation forms part of Kings’ Green Plan, which aims to reduce the Trust’s environmental impact through steps including adapting buildings to minimize the impact of climate change and which include providing sustainable travel options for patients, visitors and staff. The plan forms part of a wider Greener NHS vision around delivering a Net Zero health service.
Blink UK secured the contract against 20 other potential suppliers in a competitive tender via the Crown Commercial Framework.
Blink UK now holds 14 NHS Trust contracts, making it one of the UK’s largest providers of EV charging solutions for the NHS.
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About Blink UK
Blink Charging UK Ltd. is a leader in electric vehicle (EV) charging technology and services, enabling drivers, hosts, and fleets to transition to electric transportation through innovative charging solutions easily. Committed to helping the UK transition to sustainable transport, Blink provides accessible and reliable charging options for communities, businesses, and government projects across the country. Learn more at https://blinkcharging.com/en-gb
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 easily transition to electric transportation through innovative charging solutions. Blink’s principal line of products and services include Blink’s EV charging networks (“Blink Networks”), EV charging equipment, and EV charging services. 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. 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/.
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
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 chargers will Blink (BLNK) install at Princess Royal University Hospital?
When will BLNK begin the EV charger installation at Kings College NHS Trust?
How many NHS Trust contracts does Blink UK now hold?
How many contactless payment terminals will BLNK install at Princess Royal University Hospital?
How many competitors did BLNK beat to win the Kings College NHS Trust contract?
