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 that its wholly owned subsidiary Blink Charging Belgium NV has entered into an agreement with sports chain Decathlon.
Under the ten-year agreement, Blink will install, operate, and manage both Level 2 and DC fast chargers with charging capacities between 11kW and 200kW at eight Decathlon stores in Belgium, including locations in Arlon, Alleur, Anderlecht, Mons, Charleroi, La Louvière, Maasmechelen and Namur. Blink plans to begin installation in the Fall and anticipates the chargers will be operational by Spring 2025.
Olivier Van Schap, Managing Director of Blink Charging Belgium: “Thanks to this partnership with one of the largest sports chains in Belgium, we are able to provide fast, reliable EV charging to not only Decathlon's destination customers but also to all electric drivers who want to charge their car at these locations with a lot of traffic. Together, we are further expanding the charging network in Belgium and prioritizing the use of sustainable energy.”
Stefan Schins, Head of Development at Decathlon in Belgium and Luxembourg: “As one of the largest sports chains in the country, sustainable travel to and from our stores is of paramount importance to us. Both for our employees and for our customers. That is why we want to support and encourage electric driving as much as possible for those who cannot get to our stores on foot, by bicycle or public transport. Charging facilities in our car parks will certainly help with this. We are now providing eight stores with reliable charging points thanks to the first phase of our collaboration with Blink Charging. We look forward to developing this collaboration further.”
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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 easily transition to electric transportation through innovative charging solutions. 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 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/
About Decathlon
Decathlon is a leading international sports brand with a wide range of products for both novice and professional athletes in all possible disciplines. Since its creation in 1976, Decathlon has been getting people moving through the wonders of sport to help them live healthier and happier lives. By controlling the entire life cycle of its products – from research, design, production, sales to recycling – the brand tries to limit its impact on the environment as much as possible. The sports brand focuses not only on the ownership of products, but also on the use and reuse. For example, it is committed to a circular economy, with a maximum commitment to innovation, eco-design, repair, second-hand sales, rental and recycling. Decathlon has 1,700 stores in 60 countries worldwide and has been active in Belgium since 1997. Decathlon Belgium currently has 33 branches and employs nearly 2,800 people.
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.