Power Design Teams Up with Blink Charging to Provide 429 Blink Charging Stations Across Multiple Projects
Blink Charging (NASDAQ: BLNK) has secured a significant agreement with Power Design to provide 429 EV charging stations with 723 total plugs across multiple projects nationwide. The installations will primarily serve luxury multifamily apartments and condominiums. Power Design, one of the nation's largest design-build multi-trade contractors, will initially own the charging stations, with ownership transferring to property owners/managers upon installation.
This agreement builds upon a decade-long collaboration between the two companies, with Power Design establishing itself as a leading EV charger installer over the past five years. The partnership aims to enhance EV charging accessibility in residential communities, addressing the growing demand for convenient charging solutions where people live.
Blink Charging (NASDAQ: BLNK) ha siglato un importante accordo con Power Design per fornire 429 stazioni di ricarica per veicoli elettrici (EV) con un totale di 723 prese in diversi progetti a livello nazionale. Le installazioni serviranno principalmente appartamenti di lusso e condomini multifamiliari. Power Design, uno dei più grandi appaltatori multi-trade di design-build del paese, possiederà inizialmente le stazioni di ricarica, con il trasferimento della proprietà ai proprietari/gestori degli immobili al momento dell'installazione.
Questo accordo si basa su una collaborazione decennale tra le due aziende, con Power Design che si è affermata come uno dei principali installatori di caricabatterie per EV negli ultimi cinque anni. La partnership mira a migliorare l'accessibilità alla ricarica per veicoli elettrici nelle comunità residenziali, rispondendo alla crescente domanda di soluzioni di ricarica convenienti dove le persone vivono.
Blink Charging (NASDAQ: BLNK) ha obtenido un importante acuerdo con Power Design para proporcionar 429 estaciones de carga para vehículos eléctricos (EV) con un total de 723 enchufes en múltiples proyectos a nivel nacional. Las instalaciones servirán principalmente a apartamentos de lujo y condominios multifamiliares. Power Design, uno de los mayores contratistas de diseño y construcción del país, poseerá inicialmente las estaciones de carga, con la propiedad transfiriéndose a los propietarios/gestores de las propiedades tras la instalación.
Este acuerdo se basa en una colaboración de diez años entre las dos compañías, con Power Design estableciéndose como un instalador líder de cargadores de EV en los últimos cinco años. La asociación tiene como objetivo mejorar la accesibilidad a la carga de EV en las comunidades residenciales, abordando la creciente demanda de soluciones de carga convenientes donde las personas viven.
블링크 충전 (NASDAQ: BLNK)은 파워 디자인과 함께 429개의 전기차(EV) 충전소를 공급하기 위한 중요한 계약을 체결했으며, 총 723개의 플러그가 여러 프로젝트에 걸쳐 설치될 예정입니다. 이 설치는 주로 고급 다가구 아파트와 콘도미니엄을 위한 것입니다. 파워 디자인은 미국에서 가장 큰 설계-건설 멀티 트레이드 계약자 중 하나로, 충전소는 초기에는 그들이 소유하고, 설치 후에는 소유주/관리자에게 소유권이 이전됩니다.
이번 계약은 두 회사 간의 10년 간의 협력을 바탕으로 하고 있으며, 파워 디자인은 지난 5년 동안 EV 충전기 설치업체로 자리잡았습니다. 이 파트너십은 주거 지역 내 EV 충전 접근성을 향상시키고, 사람们이 거주하는 곳에서 편리한 충전 솔루션에 대한 증가하는 수요에 대응하는 것을 목표로 하고 있습니다.
Blink Charging (NASDAQ: BLNK) a conclu un accord important avec Power Design pour fournir 429 stations de recharge pour véhicules électriques (VE), avec un total de 723 prises à travers plusieurs projets à l'échelle nationale. Les installations serviront principalement des appartements de luxe et des condominiums multifamiliaux. Power Design, l'un des plus grands entrepreneurs en conception-construction du pays, possédera initialement les stations de recharge, avec un transfert de propriété aux propriétaires/gestionnaires des biens lors de l'installation.
Ce partenariat s'appuie sur une collaboration de dix ans entre les deux entreprises, Power Design s'étant imposé comme un installateur de bornes de recharge pour VE de premier plan au cours des cinq dernières années. L'objectif de ce partenariat est d'améliorer l'accessibilité à la recharge pour VE dans les communautés résidentielles, répondant à la demande croissante de solutions de recharge pratiques là où vivent les gens.
Blink Charging (NASDAQ: BLNK) hat eine bedeutende Vereinbarung mit Power Design getroffen, um 429 EV-Ladestationen mit insgesamt 723 Steckdosen in mehreren Projekten landesweit bereitzustellen. Die Installationen werden hauptsächlich luxuriösen Mehrfamilienwohnungen und Eigentumswohnungen dienen. Power Design, einer der größten Design-Bau-Multi-Trade-Auftragnehmer des Landes, wird zunächst die Ladestationen besitzen, wobei das Eigentum nach der Installation auf die Grundstückseigentümer/Verwalter übertragen wird.
Diese Vereinbarung baut auf einer zehnjährigen Zusammenarbeit zwischen den beiden Unternehmen auf, wobei sich Power Design in den letzten fünf Jahren als führender Installateur von EV-Ladestationen etabliert hat. Die Partnerschaft zielt darauf ab, die Zugänglichkeit von EV-Ladestationen in Wohngebieten zu verbessern und der wachsenden Nachfrage nach bequemen Ladelösungen an Wohnorten Rechnung zu tragen.
- Secured large-scale contract for 429 charging stations with 723 plugs
- Expanding presence in luxury residential market segment
- Strengthening long-term partnership with major contractor Power Design
- None.
Insights
Agreement to Include Charging Capacity for 723 Vehicles
Bowie, Md., Dec. 05, 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, today announced it has been selected by Power Design, Inc., one of the nation's largest design-build multi-trade contractors, to provide EV chargers and charging services at select locations.
The new agreement includes the provision of 429 Blink chargers, with a total of 723 plugs for use by residents who will be living and working within Power Design projects throughout the country. The Blink charging stations will be installed across multiple development types – primarily luxury multifamily apartments and condominiums. Power Design will own the Blink charging stations, and when installed, the owners/property managers of the projects will claim ownership.
Power Design and Blink have collaborated on EV charging projects for more than a decade, and this substantial new agreement is the latest in a series of successful projects. Over the past five years, Power Design has emerged as one of the nation's leading EV charger installers.
“We’re excited to be working once again with the teams at Power Design to bring our cutting-edge charging technology and services to their state-of-the-art properties around the country,” said Mike Battaglia, President and CEO-Elect at Blink Charging. “Innovative and future-focused contractors such as Power Design are one of the driving forces behind EV charging accessibility and play a pivotal and dynamic role in moving forward the progress and acceptance of EV technology. We are dedicated to assisting property developers, contractors and designers throughout the entire process of introducing EV charging into their communities.”
“Power Design is excited to be collaborating with Blink to integrate their EV charging offerings within a number of our projects,” stated Power Design Energy Account Manager Mike Kuhn. “As the demand for EVs continues to rise, so does the need for accessible and reliable EV charging services where people live. This is where the value-added benefit of on-site charging takes living spaces to the next level of modern convenience and resident-friendly amenities.”
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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/
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 charging stations will Blink Charging (BLNK) provide in the Power Design agreement?
Where will the new Blink Charging (BLNK) stations be installed under the Power Design agreement?
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