Fleets worldwide, including those in the United States, are increasingly transitioning from internal combustion engine (ICE) vehicles to electric vehicles (EVs). While this shift presents challenges, notably in terms of cost, there are strategies to mitigate expenses while advancing towards EV adoption and achieving decarbonization objectives. This insight was shared by Blink's team during a recent segment on Advanced Clean Tech News (ACT News).
Flexibility can help cut costs
With electrification, the fueling dynamic undergoes a significant shift. Fleets no longer depend on external infrastructure but can refuel efficiently right where their vehicles are parked. This approach effectively transforms each parking spot for company vehicles into a refueling station.
To aid in the transition from public to onsite infrastructure, Blink offers a range of business models tailored to manage costs for companies. These models aim to minimize upfront investment by shifting expenses from capital to operational costs, providing flexibility and financial ease.
Furthermore, Blink extends financing options to fleet operators and offers the following business models:
Host Owned- For fleet operators capable of managing upfront capital expenses, the Host Owned business model enables them to outright purchase the electric vehicle supply equipment (EVSE) and manage their operation.
Blink Owned- Under the Blink Owned model, at select locations, Blink handles installation, equipment provision, operations, and administration, while sharing a portion of the revenues with the host.
Blink As A Service- Blink as a Service, Blink’s subscription program, offers fleet operators EV charging stations with minimal initial costs and complete ownership control without the associated management hassles.
Hybrid Owned- With the Hybrid Owned program, Blink covers equipment, operations, and administration costs, requiring fleet operators only to prepare the site for EV charger installation.
Blink is committed to providing innovative approaches not only in EV charging technology but also in making such technology accessible to fleet clients at an affordable cost, especially our range of ownership options.
Proprietary network
Blink not only stands as one of the largest manufacturers of EVSE but also operates its own network, the Blink Network. This unique position enables Blink to promptly address the requirements of fleet clients Hudson emphasized.
Utilizing its network capabilities, Blink employs analytics to optimize charging schedules, lower energy expenses, and improve overall fleet efficiency for its clients. Each fleet customer gains entry to their personalized Blink Fleet Portal, a comprehensive dashboard equipping them with tools to oversee all facets of their charging stations.