Blink chosen as one of the EV charging providers designated to provide expanded charging infrastructure and support a more sustainable future for the state.
As part of the contract, Blink is now one of the contractors available on the OGS award that can offer the state its advanced electric vehicle charging stations which include Level 2 and DC fast chargers. Additionally, Blink will provide related services such as site assessment and preparation, installation, maintenance, repair, parts and supplies, warranties, and product training.
Furthermore, the contract designates Blink as one of the providers of EV charging network services related to the management of EVs, including monitoring, reporting, billing, and support. This also encompasses the integration of third-party fleet and building management systems for energy management, as well as other EV-related software and technology.
“The state of
The full agreement (Award # 23251) can be viewed here: online.ogs.ny.gov/purchase/spg/awards/4040423251CAN.HTM
The agreement comes after Blink’s strongest financial quarters in Company history, along with the recent grand opening of the Company’s new state-of-the-art manufacturing facility and global headquarters in
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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 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 achieving its 2024 revenue and gross margin targets and its projected 2024 adjusted EBITDA run rate, and the risk factors described in Blink’s periodic reports filed with the
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Source:
2024 GlobeNewswire, Inc., source