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Blink Charging Debuts The Nationwide Rollout of Its Next Generation 80Amp Charging Station at Porsche Design Tower

Posted 11/13/2018

Blink’s Next-generation IQ 200 charger is Fastest Level 2 Charger in Market

Miami Beach, FL, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ:BLNK, BLNKW) (“Blink Charging”), a leading owner, operator and provider of electric vehicle (EV) charging station products and networked EV charging services, announced today that it has deployed the first pilot [project] of its next generation charging stations at the Porsche Design Tower, combining best-in-class electric vehicle charging with one of Miami’s most luxurious residential complexes.

“It is important for the Porsche Design Tower development that we think of every amenity our residents and visitors desire,” commented Thomas Beuermann, Director of Operations at the Porsche Design Tower. “Our deployment with Blink Charging provides access to the latest in EV charging technology at our property so that we can accommodate the needs of our luxury auto enthusiast residents,” he added.

Blink’s industry-leading next generation IQ200 station provides up to 80Amps, or approximately 20kW, allowing drivers to charge their vehicles up to three times faster than on older generation, competing products, which typically charge at 30Amps or 7kW. Blink’s next generation suite of charging stations also provides ideal solutions for any deployment configuration, from traditional stand-alone units to a modern kiosk option for higher density, multiple unit installations. Blink’s Charging Station in the Porsche Tower is available to residents and complements the other incredible amenities of the tower, including a glass elevator for each unit designed for luxury cars that bring residents up to their own private garage.

“We are excited to have deployed our first IQ200 next generation charging station at such an incredibly innovative property and to have a role in one of Miami’s most exciting and ground-breaking developments,” said Michael D. Farkas, Founder and CEO of Blink Charging. “These best in class IQ200 charging stations are part of Blink Charging’s large-scale expansion targeting not only high-traffic locations, but also landmarks in city centers so that EV drivers can charge their cars wherever they shop, work, and live,” he concluded.

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About The Porsche Design Tower The Porsche Design Tower is a residential skyscraper in Sunny Isles Beach, Florida, designed by Porsche Design Studio. At 641 feet (195 m) with 60 stories, it is one of the tallest buildings in Sunny Isles Beach.

About Blink Charging Blink Charging Co. (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’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 predominately under the Blink brand, as well as several 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, please visit www.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, such as disclosures about the potential financial and operational success of Blink Charging’s next generation charging stations, 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, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, the Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

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