Blink Charging to Provide 50 EV Chargers for Porsche Destination Charging Program in Mexico
Blink Charging (NASDAQ: BLNK) has secured an agreement to provide 50 EV chargers for the Porsche Destination Charging Program in Mexico. The chargers will be installed at premium hotels, retail, and restaurant locations throughout the country.
Under this partnership, Porsche EV drivers will receive free charging sessions, a complimentary Blink RFID card, and a 35% discount at other Blink locations. Host venues will earn a percentage of charging revenue. Blink will maintain full ownership and operation of the charging infrastructure, providing comprehensive services including installation, maintenance, and training.
The deployment features Blink's IQ200 chargers, capable of delivering up to 19.2 kW of power. The charging stations will be operational starting March 2025, managed through Blink's cloud-based network software for seamless user experience.
Blink Charging (NASDAQ: BLNK) ha siglato un accordo per fornire 50 caricabatterie per veicoli elettrici per il Porsche Destination Charging Program in Messico. I caricabatterie saranno installati in hotel di lusso, negozi e ristoranti in tutto il paese.
In base a questa partnership, i conducenti di veicoli elettrici Porsche riceveranno sessioni di ricarica gratuite, una carta RFID Blink in omaggio e uno sconto del 35% in altre sedi Blink. I luoghi ospitanti guadagneranno una percentuale delle entrate derivanti dalla ricarica. Blink manterrà la piena proprietà e gestione dell'infrastruttura di ricarica, fornendo servizi completi tra cui installazione, manutenzione e formazione.
Il dispiegamento prevede i caricatori IQ200 di Blink, in grado di erogare fino a 19,2 kW di potenza. Le stazioni di ricarica saranno operative a partire da marzo 2025, gestite tramite il software di rete basato su cloud di Blink per un'esperienza utente senza soluzione di continuità.
Blink Charging (NASDAQ: BLNK) ha firmado un acuerdo para proporcionar 50 cargadores de vehículos eléctricos para el Porsche Destination Charging Program en México. Los cargadores se instalarán en hoteles de lujo, tiendas y restaurantes en todo el país.
En virtud de esta asociación, los conductores de vehículos eléctricos de Porsche recibirán sesiones de carga gratuitas, una tarjeta RFID de Blink de cortesía y un descuento del 35% en otras ubicaciones de Blink. Los lugares anfitriones ganarán un porcentaje de los ingresos por carga. Blink mantendrá la plena propiedad y operación de la infraestructura de carga, proporcionando servicios integrales que incluyen instalación, mantenimiento y capacitación.
El despliegue contará con los cargadores IQ200 de Blink, capaces de entregar hasta 19.2 kW de potencia. Las estaciones de carga estarán operativas a partir de marzo de 2025, gestionadas a través del software de red basado en la nube de Blink para una experiencia de usuario fluida.
블링크 차징 (NASDAQ: BLNK)는 멕시코의 포르쉐 목적지 충전 프로그램을 위해 50개의 전기차 충전기를 제공하는 계약을 체결했습니다. 충전기는 전국의 고급 호텔, 소매점 및 레스토랑에 설치될 예정입니다.
이 파트너십에 따라 포르쉐 전기차 운전자는 무료 충전 세션, 무료 Blink RFID 카드 및 다른 Blink 위치에서 35% 할인을 받을 수 있습니다. 호스트 장소는 충전 수익의 일부를 받을 것입니다. Blink는 충전 인프라의 완전한 소유권과 운영을 유지하며, 설치, 유지보수 및 교육을 포함한 포괄적인 서비스를 제공합니다.
배치에는 19.2 kW의 전력을 제공할 수 있는 Blink의 IQ200 충전기가 포함됩니다. 충전소는 2025년 3월부터 운영될 예정이며, Blink의 클라우드 기반 네트워크 소프트웨어를 통해 원활한 사용자 경험을 관리합니다.
Blink Charging (NASDAQ: BLNK) a signé un accord pour fournir 50 chargeurs de véhicules électriques pour le Porsche Destination Charging Program au Mexique. Les chargeurs seront installés dans des hôtels de luxe, des commerces de détail et des restaurants à travers le pays.
Dans le cadre de ce partenariat, les conducteurs de véhicules électriques Porsche bénéficieront de sessions de charge gratuites, d'une carte RFID Blink gratuite et d'une remise de 35% dans d'autres lieux Blink. Les lieux hôtes toucheront un pourcentage des revenus de charge. Blink conservera la pleine propriété et l'exploitation de l'infrastructure de charge, offrant des services complets, y compris l'installation, la maintenance et la formation.
Le déploiement comprend les chargeurs IQ200 de Blink, capables de fournir jusqu'à 19,2 kW de puissance. Les stations de charge seront opérationnelles à partir de mars 2025, gérées par le logiciel de réseau basé sur le cloud de Blink pour une expérience utilisateur fluide.
Blink Charging (NASDAQ: BLNK) hat einen Vertrag unterzeichnet, um 50 EV-Ladegeräte für das Porsche Destination Charging Program in Mexiko bereitzustellen. Die Ladegeräte werden in Premium-Hotels, Einzelhandelsgeschäften und Restaurants im ganzen Land installiert.
Im Rahmen dieser Partnerschaft erhalten Porsche-EV-Fahrer kostenlose Ladesitzungen, eine kostenlose Blink-RFID-Karte und einen Rabatt von 35% an anderen Blink-Standorten. Die Gastgeberorte erhalten einen Prozentsatz der Ladeumsätze. Blink behält das volle Eigentum und den Betrieb der Ladeinfrastruktur und bietet umfassende Dienstleistungen, einschließlich Installation, Wartung und Schulung.
Der Einsatz umfasst die IQ200-Ladegeräte von Blink, die bis zu 19,2 kW Leistung liefern können. Die Ladestationen werden ab März 2025 in Betrieb genommen und über die cloudbasierte Netzwerksoftware von Blink für ein nahtloses Benutzererlebnis verwaltet.
- Strategic partnership with premium brand Porsche expands BLNK's presence in Mexico
- Revenue sharing model with hosting venues creates additional income stream
- Full ownership and operation of charging infrastructure ensures long-term revenue potential
- Guaranteed customer base through Porsche EV owners program
- Initial investment required for installation and maintenance of 50 charging stations
- Offering significant discounts (35%) may impact profit margins
- Free charging sessions for Porsche users could affect short-term revenue generation
Insights
Blink Charging's agreement to supply 50 EV chargers for Porsche's Destination Charging Program in Mexico represents a modest but strategic expansion of their international footprint. The deal leverages Blink's "Blink Owned" business model, where the company maintains ownership of the charging infrastructure while generating recurring revenue streams from both end users and host locations.
The revenue structure appears multi-faceted: Porsche owners receive complimentary charging (likely subsidized by Porsche), while participating premium venues receive a percentage of charging revenues, creating aligned incentives for all stakeholders. For Blink, this arrangement secures premium placement locations, typically frequented by high-income consumers, while expanding into the emerging Mexican EV market.
While 50 chargers represents a relatively small deployment relative to Blink's total installed base, the strategic value exceeds the immediate financial impact. The Porsche partnership enhances Blink's brand positioning in the premium segment and establishes a foothold for potential larger-scale expansion throughout Latin America. Given Blink's current
Bowie, Md., March 18, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator, provider and manufacturer of electric vehicle (EV) charging equipment and services, has announced it has reached an agreement to supply 50 chargers at select premium hotels, retail and restaurant locations throughout Mexico as part of the Porsche Destination Charging Program.
Porsche Destination Charging is a global charging network that offers drivers of fully electric and plug-in hybrid Porsche vehicles convenient charging options at exclusive destinations such as hotels, restaurants, golf clubs, and marinas.
Porsche Destination clients will receive free charging sessions, a free Blink RFID card, and a
This initiative further accelerates Blink’s expansion plans into Mexico where the Company will own, operate, supply, and maintain the chargers. In addition, Blink will provide related services such as site assessment and preparation, installation, maintenance, repair, parts and supplies, warranties, and product training.
“Thanks to our collaboration with Blink Charging, we are expanding and strengthening the public charging network with faster and smarter stations, thereby enhancing our users’ charging experience. This effort contributes to the expansion of a constantly growing network, offering more convenient options in various locations, facilitating mobility, and promoting the transition to electromobility," said Camilo San Martín, Director of Porsche de Mexico. “We are pleased to strengthen our commitment to reducing emissions while providing more charging solutions to our customers and brand enthusiasts, allowing them to enjoy their vehicles even more on longer trips.”
Blink’s IQ200 chargers offer efficient charging capabilities with up to 19.2 kW of power and a seamless user experience. The Blink Network’s cloud-based software also allows users to manage their charging sessions effortlessly.
“We’re excited to be working with Porsche to bring our cutting-edge charging technology and services to these travel destinations in Mexico,” said Mike Battaglia, President and CEO at Blink Charging. “Hospitality destinations are a key driver behind EV accessibility in LATAM and play a pivotal and dynamic role in driving forward the progress and acceptance of EV technology. Under the ‘Blink Owned’ business model, Blink Charging will manage the entire lifecycle of the charging stations, from installation to operation and maintenance. This collaboration boosts the sustainability initiatives of the hotels, retail and restaurant locations. It also provides Porsche EV drivers with reliable, advanced mobility solutions.”
The new charging stations will be available for use starting in March of 2025.
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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 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
FAQ
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