Blink Charging to Provide EV Charging Infrastructure for City of Alameda
Blink Charging (NASDAQ: BLNK) has secured an agreement with the City of Alameda, California to provide up to 50 EV charging ports throughout the city. The implementation will occur in two phases: Phase 1 includes 13 Level 2 and DCFC ports across four locations, while Phase 2 will add 34 more ports, subject to funding and aligned priorities.
The collaboration involves Blink working with city officials to identify optimal locations for the charging infrastructure. Blink will provide comprehensive services including site assessment, preparation, installation, maintenance, repair, warranties, and product training. Installations are scheduled to begin in 2025, with the exact number of chargers and locations subject to adjustment.
Blink Charging (NASDAQ: BLNK) ha raggiunto un accordo con la Città di Alameda, California per fornire fino a 50 punti di ricarica per veicoli elettrici in tutta la città. L'implementazione avverrà in due fasi: la Fase 1 comprende 13 punti di ricarica di Livello 2 e DCFC distribuiti in quattro località, mentre la Fase 2 aggiungerà 34 ulteriori punti, soggetti a finanziamenti e priorità concordate.
La collaborazione prevede che Blink lavori con i funzionari della città per identificare le posizioni ottimali per l'infrastruttura di ricarica. Blink fornirà servizi completi, tra cui valutazione del sito, preparazione, installazione, manutenzione, riparazione, garanzie e formazione sui prodotti. Le installazioni sono programmate per iniziare nel 2025, con il numero esatto di caricabatterie e località soggetti a modifiche.
Blink Charging (NASDAQ: BLNK) ha firmado un acuerdo con la Ciudad de Alameda, California para proporcionar hasta 50 puertos de carga para vehículos eléctricos en toda la ciudad. La implementación se llevará a cabo en dos fases: la Fase 1 incluye 13 puertos de Nivel 2 y DCFC en cuatro ubicaciones, mientras que la Fase 2 añadirá 34 puertos más, sujetos a financiamiento y prioridades alineadas.
La colaboración implica que Blink trabaje con los funcionarios de la ciudad para identificar las ubicaciones óptimas para la infraestructura de carga. Blink proporcionará servicios integrales, incluyendo evaluación del sitio, preparación, instalación, mantenimiento, reparación, garantías y capacitación de productos. Las instalaciones están programadas para comenzar en 2025, con el número exacto de cargadores y ubicaciones sujetas a ajustes.
Blink Charging (NASDAQ: BLNK)는 캘리포니아주 알라메다 시와 협약을 체결하고 도시 전역에 최대 50개의 전기차 충전 포트를 제공할 예정입니다. 이 구현은 두 단계로 진행됩니다: 1단계는 네 개의 위치에 13개의 레벨 2 및 DCFC 포트를 포함하고, 2단계는 자금 지원 및 우선 사항에 따라 34개의 추가 포트를 더할 것입니다.
이 협업은 Blink가 시 관계자들과 협력하여 충전 인프라의 최적 위치를 식별하는 것을 포함합니다. Blink는 사이트 평가, 준비, 설치, 유지보수, 수리, 보증 및 제품 교육을 포함한 종합 서비스를 제공합니다. 설치는 2025년에 시작될 예정이며, 충전기 및 위치의 정확한 수는 조정될 수 있습니다.
Blink Charging (NASDAQ: BLNK) a conclu un accord avec la ville d'Alameda, Californie pour fournir jusqu'à 50 points de recharge pour véhicules électriques dans toute la ville. La mise en œuvre se déroulera en deux phases : la Phase 1 comprend 13 points de recharge de niveau 2 et DCFC répartis sur quatre emplacements, tandis que la Phase 2 ajoutera 34 points supplémentaires, sous réserve de financement et de priorités alignées.
Cette collaboration implique que Blink travaille avec les responsables de la ville pour identifier les emplacements optimaux pour l'infrastructure de recharge. Blink fournira des services complets, y compris l'évaluation du site, la préparation, l'installation, la maintenance, la réparation, les garanties et la formation sur les produits. Les installations sont prévues pour commencer en 2025, le nombre exact de chargeurs et les emplacements pouvant être ajustés.
Blink Charging (NASDAQ: BLNK) hat eine Vereinbarung mit der Stadt Alameda, Kalifornien getroffen, um bis zu 50 Ladepunkte für Elektrofahrzeuge in der gesamten Stadt bereitzustellen. Die Umsetzung erfolgt in zwei Phasen: Phase 1 umfasst 13 Level 2 und DCFC Ladepunkte an vier Standorten, während Phase 2 34 weitere Ladepunkte hinzufügt, abhängig von der Finanzierung und abgestimmten Prioritäten.
Die Zusammenarbeit umfasst, dass Blink mit Stadtbeamten zusammenarbeitet, um die optimalen Standorte für die Ladeinfrastruktur zu identifizieren. Blink wird umfassende Dienstleistungen anbieten, einschließlich Standortbewertung, Vorbereitung, Installation, Wartung, Reparatur, Garantien und Produktschulung. Die Installationen sind für 2025 geplant, wobei die genaue Anzahl der Ladegeräte und Standorte Änderungen unterliegen kann.
- Secured contract for up to 50 EV charging ports in Alameda, CA
- Guaranteed Phase 1 deployment of 13 charging ports across 4 locations
- Comprehensive service agreement including maintenance and support
- Phase 2 deployment (34 ports) contingent on funding availability
- Final number of chargers and locations subject to adjustment
Insights
This municipal contract with Alameda represents a strategic foothold in California's competitive EV charging market, though its immediate financial impact appears modest given Blink's current
First, the initial deployment of 13 ports across four locations minimizes upfront capital requirements while establishing a presence in key areas. This conservative approach allows Blink to demonstrate operational excellence before expanding further. The inclusion of both Level 2 and DCFC (Direct Current Fast Charging) ports indicates a comprehensive service strategy targeting both short-term and long-duration parking scenarios.
Second, the contingent nature of Phase 2's 34 additional ports provides built-in scalability while protecting against overcommitment. This structure aligns with prudent risk management, especially important given current market conditions and Blink's financial position. The maintenance and service components of the agreement suggest potential for recurring revenue streams beyond initial installation.
Third, securing a municipal contract in California's Bay Area carries strategic significance beyond immediate revenue potential. Alameda's proximity to major tech hubs and its progressive stance on EV adoption could make this installation a valuable reference point for securing similar contracts in other municipalities. The comprehensive service package, including site assessment, maintenance, and training, positions Blink as a full-service provider rather than just hardware vendor.
However, investors should note that the agreement's financial terms remain undisclosed, and the "subject to adjustment" clause introduces uncertainty about the final scope. While this contract demonstrates Blink's ability to win municipal business, its material impact on the company's financial performance will depend on successful execution and the realization of Phase 2 deployments.
Blink to provide expanded charging availability and support a more sustainable future for the state
Bowie, Md., Feb. 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 provide up to 50 EV charging ports throughout the City of Alameda, California.
The agreement sets the stage for Blink Charging and the City of Alameda to collaboratively identify sites and install public charging solutions for residents and visitors to the area. Blink and the City are targeting installations to begin this year.
Phase 1 of the agreement will include the deployment of 13 Level 2 and DCFC ports across four locations in Alameda. Phase 2 will add 34 more ports, contingent upon available funding and the aligned priorities of Blink and the city, to be installed at publicly accessible charging stations throughout the city.
The exact number of chargers and locations is subject to adjustment. Blink is working with Alameda officials to identify and deploy critical EV infrastructure throughout the city.
Additionally, Blink will provide related services such as site assessment and preparation, installation, maintenance, repair, parts and supplies, warranties, and product training.
“We’re excited to be working with the City of Alameda on this project to bring the community convenient EV charging solutions,” said Mike Battaglia, Blink’s President and CEO. “Alameda was looking to partner with a reliable charging solution that could potentially service the entire city portfolio. As the need for chargers in Alameda continues to grow, we look forward to working with the city to develop additional sites. It’s rewarding to have a direct role in reducing emissions and contributing to energy independence while enhancing the EV driver experience in Alameda. We are grateful for the city’s trust and our shared vision.”
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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
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305-521-0200 ext. 266
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FAQ
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