Blink Charging Steps in To Support Isolated Enel X Customers

Rhea-AI Summary

Blink Charging Co. (NASDAQ: BLNK) is offering support to former Enel X and JuiceBox customers affected by Enel X's decision to close its North American operations. Blink is providing cost-effective solutions and immediate upgrades to ensure uninterrupted access to reliable EV charging equipment and services.

Key points:

• Blink offers a revenue share program where they cover the cost of EV charging equipment, warranty, and maintenance
• Free swap-out of existing JuiceBox charging stations for customers needing an upgrade
• Blink's charging stations are designed to be future-ready, supporting advancements like vehicle-to-grid technology
• Inventory is ready for immediate shipping and replacement

Michael Battaglia, COO and CEO-Elect of Blink Charging, emphasized the company's focus on removing obstacles to EV charging and making it a beneficial investment for all parties involved.

Positive

• Potential increase in customer base by acquiring former Enel X and JuiceBox customers
• Revenue share program offering could lead to expanded market presence
• Ready inventory for immediate shipping and replacement, potentially increasing sales
• Future-ready charging stations supporting advanced technologies like vehicle-to-grid

Negative

• None.

Blink Charging is stepping in to support former Enel X and JuiceBox customers with cost-effective solutions and immediate upgrades, ensuring uninterrupted access to reliable EV charging equipment and services.

Bowie, Md., Oct. 14, 2024 (GLOBE NEWSWIRE) -- 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, announced today that in light of Enel X's recent decision to close its North American operations, Blink is stepping in to support EV charging station hosts affected by this change.

Blink is offering a solution for former Enel X and JuiceBox customers to power up their EV charging with Blink. When you sign up for a revenue share program, Blink covers the cost of your EV charging equipment, along with warranty and maintenance. All customers need to do is prepare their site, and Blink will handle the rest. Additionally, if you already have a JuiceBox charging station but need an upgrade, Blink will swap it out for free.

"We’re focused on removing the obstacles to EV charging and making this investment beneficial for everyone involved. A rewarding investment comes from the confidence that the company and its products will remain reliable and innovative,” said Michael Battaglia, COO and CEO-Elect of Blink Charging. “At Blink, we design our charging stations to be future-ready, addressing all aspects of hardware, software, services, and technology. With advancements like vehicle-to-grid technology on the horizon, our chargers are built to support the future of electric vehicles. Our inventory is ready to ship and replace immediately."

For more details about this solution offering and how to upgrade your JuiceBox charging station, Scan Below or Visit: https://blinkcharging.com/lp/enel-x-promotion

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 transition to electric transportation through innovative charging solutions easily. 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 utilizes 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/

Blink Media Contact
Nipunika Coe
PR@BlinkCharging.com
305-521-0200 ext. 266

Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com
305-521-0200 ext. 446

Attachment

• Blink Charging Co.

FAQ

What is Blink Charging offering to former Enel X and JuiceBox customers?

Blink Charging is offering cost-effective solutions and immediate upgrades to former Enel X and JuiceBox customers, including a revenue share program covering equipment costs and free swap-outs for existing JuiceBox charging stations needing upgrades.

How is Blink Charging (BLNK) supporting EV charging station hosts affected by Enel X's closure?

Blink Charging (BLNK) is supporting affected EV charging station hosts by offering a revenue share program that covers the cost of EV charging equipment, warranty, and maintenance. They are also providing free upgrades for existing JuiceBox charging stations.

What advantages does Blink Charging (BLNK) claim for its EV charging stations?

Blink Charging (BLNK) claims its EV charging stations are future-ready, designed to support advancements like vehicle-to-grid technology. They also emphasize having inventory ready for immediate shipping and replacement.

Who announced Blink Charging's (BLNK) support for former Enel X customers?

Michael Battaglia, COO and CEO-Elect of Blink Charging, announced the company's support for former Enel X customers, emphasizing their focus on removing obstacles to EV charging and making it a beneficial investment.