Leading Electric Vehicle Charging Services Company Granted New Certification for Efficient Energy Usage On Its Next Generation EV Chargers
Miami Beach, FL, July 31, 2018 (GLOBE NEWSWIRE) — Blink Charging Co. (NASDAQ: “BLNK”, “BLNKW”) (“Blink” or the “Company”), a leading owner, operator and provider of electric vehicle (“EV”) charging equipment and networked EV charging services, announced today that it is the first company to have earned the ENERGY STAR® certification on an 80A, network connected charging station. This certification demonstrates that Blink’s next-generation Level 2 EV charging stations have met or exceeded the ENERGY STAR® requirements for the Electric Vehicle Supply Equipment (EVSE) Program. Business owners deploying these next-generation stations from Blink will be eligible for Energy Star® related government grants, resources, refinancing programs and tax incentives.
The ENERGY STAR® certification is awarded to EV products built and operated in compliance with ENERGY STAR® requirements, ensuring that the chargers use energy efficiently. Blink’s next-generation 80A network connected Level 2 EV charging stations are independently confirmed to use 40% less energy when in standby mode than those that are not certified distinguishing Blink’s charging stations in the marketplace.
ENERGY STAR® certifications are administered by the U.S. Environmental Protection Agency (EPA), which independently certifies products that use energy efficiently according to a rigorous multi-step process. Certifications were formerly reserved for physical buildings that excelled in energy conservation, but now include a scoring system for EV charging station service companies. Any charging station that receives the ENERGY STAR® seal of approval uses 40% less energy than those that are not certified.
“Bringing to market decreased EV charging time utilizing energy efficient and sustainable hardware is what we have envisioned for a long time,” stated Blink’s Founder and Executive Chairman Michael D. Farkas. “Our team works relentlessly to deploy state of the art EV charging technology to properties and cities worldwide and we are proud to be among the first to earn ENERGY STAR® certification with our 80A network connected chargers,” added Mr. Farkas.
For more information on ENERGY STAR® certification, visit the ENERGY STAR® website.
About Blink Charging
Blink Charging (NASDAQ: BLNK, BLNKW) is one of the leaders in nationwide public electric vehicle (EV) charging equipment and services, enabling EV drivers to easily charge at locations throughout the United States. Headquartered in Florida with offices in Arizona and California, Blink Charging’s business is designed to accelerate EV adoption.
Blink Charging offers EV charging equipment and connectivity to the Blink Network, a cloud-based software that operates, manages, and tracks the Blink EV charging stations and all the associated data. Blink Charging also owns and operates EV charging equipment predominantly under the Blink brand, as well as using a number of other charging station equipment manufacturers such as ChargePoint, General Electric (GE) and SemaConnect. Blink Charging has strategic property partners across multiple business sectors including multifamily residential and commercial properties, airports, colleges, municipalities, parking garages, shopping malls, retail parking, schools, and workplaces.
For more information about Blink Charging, please visit BlinkCharging.com.
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. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. Those statements include statements regarding the intent, belief or current expectations of Blink Charging Co., 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, and that actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.
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