Blink Owns and Operates 76 DC Fast Chargers at Royal Farms Locations in Mid-Atlantic Region
Blink Charging Co. (NASDAQ: BLNK) has deployed 76 DC fast charging ports across 23 Royal Farms store locations in Maryland and Delaware, with plans to expand to over 100 ports. The charging infrastructure, owned and operated by Blink, was partially funded through state environmental programs including Maryland's Electric Corridors Grants Program and Delaware's DNREC Division of Air Quality.
The partnership, which began in 2024, represents a strategic expansion of Blink's recurring services business. Royal Farms customers can access high-speed EV charging while utilizing the stores' convenience offerings, including fresh food services. The collaboration aims to enhance charging accessibility throughout the mid-Atlantic region while providing convenient charging solutions for EV drivers.
Blink Charging Co. (NASDAQ: BLNK) ha installato 76 stazioni di ricarica rapida DC in 23 negozi Royal Farms nel Maryland e nel Delaware, con piani di espansione a oltre 100 stazioni. L'infrastruttura di ricarica, di proprietà e gestita da Blink, è stata parzialmente finanziata attraverso programmi ambientali statali, inclusi il Programma di sovvenzioni per corridoi elettrici del Maryland e la Divisione della qualità dell'aria del DNREC del Delaware.
La partnership, iniziata nel 2024, rappresenta un'espansione strategica del business dei servizi ricorrenti di Blink. I clienti di Royal Farms possono accedere a ricariche EV ad alta velocità mentre approfittano delle offerte di convenienza del negozio, inclusi i servizi di cibo fresco. La collaborazione mira a migliorare l'accessibilità alla ricarica nella regione del mid-Atlantic, fornendo soluzioni di ricarica comode per i conducenti di veicoli elettrici.
Blink Charging Co. (NASDAQ: BLNK) ha implementado 76 puertos de carga rápida DC en 23 ubicaciones de tiendas Royal Farms en Maryland y Delaware, con planes de expandirse a más de 100 puertos. La infraestructura de carga, propiedad y operada por Blink, fue parcialmente financiada a través de programas ambientales estatales, incluyendo el Programa de Subvenciones de Corredores Eléctricos de Maryland y la División de Calidad del Aire del DNREC de Delaware.
La asociación, que comenzó en 2024, representa una expansión estratégica del negocio de servicios recurrentes de Blink. Los clientes de Royal Farms pueden acceder a carga de VE de alta velocidad mientras utilizan las ofertas de conveniencia de la tienda, incluidos los servicios de comida fresca. La colaboración tiene como objetivo mejorar la accesibilidad de la carga en toda la región del medio Atlántico, proporcionando soluciones de carga convenientes para los conductores de vehículos eléctricos.
Blink Charging Co. (NASDAQ: BLNK)는 메릴랜드와 델라웨어에 있는 23개 Royal Farms 매장에 76개의 DC 고속 충전 포트를 배치했으며, 100개 이상의 포트로 확장할 계획입니다. Blink가 소유하고 운영하는 충전 인프라는 메릴랜드의 전기 회랑 보조금 프로그램 및 델라웨어의 DNREC 대기 질 부서와 같은 주 정부 환경 프로그램을 통해 부분적으로 자금을 지원받았습니다.
2024년에 시작된 이 파트너십은 Blink의 반복 서비스 비즈니스의 전략적 확장을 나타냅니다. Royal Farms 고객은 신선한 음식 서비스를 포함한 매장의 편의 시설을 이용하면서 고속 EV 충전에 접근할 수 있습니다. 이 협력은 중대서양 지역 전역에서 충전 접근성을 향상시키고 EV 운전자를 위한 편리한 충전 솔루션을 제공하는 것을 목표로 합니다.
Blink Charging Co. (NASDAQ: BLNK) a déployé 76 bornes de recharge rapide DC dans 23 magasins Royal Farms dans le Maryland et le Delaware, avec des projets d'expansion à plus de 100 bornes. L'infrastructure de recharge, détenue et exploitée par Blink, a été partiellement financée par le biais de programmes environnementaux d'État, y compris le Programme de subventions pour les corridors électriques du Maryland et la division de la qualité de l'air du DNREC du Delaware.
Ce partenariat, qui a débuté en 2024, représente une expansion stratégique des services récurrents de Blink. Les clients de Royal Farms peuvent accéder à des stations de recharge EV à haute vitesse tout en profitant des offres de commodité des magasins, y compris des services alimentaires frais. Cette collaboration vise à améliorer l'accessibilité des bornes de recharge dans la région du mid-Atlantic tout en fournissant des solutions de recharge pratiques pour les conducteurs de véhicules électriques.
Blink Charging Co. (NASDAQ: BLNK) hat 76 DC-Schnellladeanschlüsse an 23 Royal Farms-Filialen in Maryland und Delaware installiert, mit Plänen, auf über 100 Anschlüsse zu erweitern. Die Ladeinfrastruktur, die Blink gehört und betrieben wird, wurde teilweise durch staatliche Umweltprogramme finanziert, einschließlich des Electric Corridors Grants Program von Maryland und der DNREC-Abteilung für Luftqualität von Delaware.
Die Partnerschaft, die 2024 begann, stellt eine strategische Expansion im wiederkehrenden Dienstleistungsbereich von Blink dar. Royal Farms-Kunden können Hochgeschwindigkeits-EV-Ladung nutzen, während sie die Convenience-Angebote der Geschäfte, einschließlich frischer Lebensmittel, in Anspruch nehmen. Die Zusammenarbeit zielt darauf ab, die Ladezugänglichkeit in der Mittelatlantikregion zu verbessern und den EV-Fahrern bequeme Ladelösungen anzubieten.
- Expansion of charging network to 76 ports with plans for over 100 ports
- Secured government funding support for infrastructure deployment
- Strategic growth in recurring services business
- Partnership with established retail chain providing additional revenue opportunities
- None.
Insights
This strategic expansion marks a significant milestone in Blink's evolution from a pure equipment provider to a recurring revenue-focused business model. The deployment of 76 DC fast chargers across 23 Royal Farms locations demonstrates a well-executed hub-and-spoke strategy in the important Mid-Atlantic corridor.
The financial structure is particularly noteworthy, combining three key elements: 1) Government grants from Maryland and Delaware, reducing capital expenditure, 2) A strategic retail partnership model providing premium locations with built-in amenities and 3) Blink's ownership and operation of the charging infrastructure, ensuring long-term recurring revenue streams.
The Royal Farms partnership is especially valuable for three reasons:
- Location optimization: High-traffic convenience stores on major travel corridors maximize utilization rates
- Extended dwell time: On-site food services encourage longer charging sessions and higher revenue per session
- Cross-selling opportunities: Integration with retail operations creates multiple revenue streams
The expansion to over 100 charging ports positions Blink strategically in a region seeing accelerated EV adoption. This move could significantly strengthen Blink's competitive position against other charging networks while building a more predictable revenue base through its ownership-operation model.
Blink-owned DC fast chargers are now operational at 23 Royal Farms locations throughout Maryland and Delaware, providing EV charging services for customers.
Bowie, Md., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK), a leading global owner, operator, provider and manufacturer of electric vehicle (EV) charging equipment and services, has now deployed 76 EV charging ports at 23 Royal Farms store locations, with additional locations to follow, to total more than 100 EV charging ports. The Baltimore-based convenience retail chain now offers its guests Blink’s state-of-the-art DC Fast Chargers (DCFC) at locations throughout Maryland and Delaware.
The chargers, which are owned, operated and maintained by Blink, were funded in part through the Maryland Department of the Environment’s Electric Corridors Grants Program and Delaware’s DNREC Division of Air Quality.
“We’re proud to be working with the team at Royal Farms to expand beyond the original charging footprint established in 2024,” said Mike Battaglia, Blink’s President and CEO-Elect. “Offering over 100 DC Fast Chargers at Royal Farms stores in the region is an exciting step towards bringing convenience and high speed charging to EV drivers in Maryland and Delaware. This also aligns well with Blink’s strategy of growing our recurring services business.”
“It’s exciting to be able to offer Royal Farms customers yet another form of convenience and support, while also supporting the adoption of sustainable transportation in general,” said Tom Ruszin, Fuel and Environment Leader for Royal Farms. “The addition of these Blink chargers has significantly expanded the charging capabilities to much of our network and Royal Farms looks forward to working with Blink as we continue to respond to customer needs throughout the mid-Atlantic region.”
In addition to the new Blink chargers, Royal Farms stores are fitted with convenience store goods and a full kitchen for customized fresh orders including the chain’s fresh, World-Famous chicken to take on the go or eat on-site while customers charge up.
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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 easily transition to electric transportation through innovative charging solutions. 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 uses 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/
About Royal Farms
Royal Farms is a renowned operator of fast and friendly neighborhood convenience stores with over 300 locations. Royal Farms opened its first store in Baltimore, MD in 1959. Today, the chain has locations in Maryland, Delaware, Pennsylvania, New Jersey, Virginia, West Virginia, and North Carolina. Royal Farms has been satisfying customers’ hunger for Real Fresh food served Real Fast. The Royal Farms Kitchen is well known for its Always Fresh, Never Frozen World-Famous Royal Farms Chicken that is lightly hand-breaded and pressure-cooked in Trans Fat Free cooking oil to golden brown perfection. Royal Farms Western Fries are hand-cut from fresh Idaho potatoes, hand-breaded, and cooked right in store. Most locations are open 24 hours, 365 days a year.
For more information about Royal Farms, visit: www.royalfarms.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 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, including those described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.
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
How many DC fast charging ports has Blink (BLNK) installed at Royal Farms locations?
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Who owns and operates the EV chargers at Royal Farms locations?
