BLNK Blink Charging Company

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 the Company will be installing 20 IQ 200 chargers across four downtown parking garages in the City of Frederick, MD, for residents and visitors to utilize. A ribbon cutting event will mark the installation of the chargers on February 8, 2024, from 11:00-12:00 p.m. EST at the East All Saints parking garage located at 125 E All Saints St. in downtown Frederick.

The installation of 20 charging stations across the four designated parking garages – East All Saints, Carroll Creek, Court Street, and West Patrick – is a result of the City of Frederick’s plan to cater to the charging needs of residents lacking home charging options and visitors to the city. This strategic placement enables convenient vehicle charging for individuals during their downtown visits. These garages are strategically located near key retail, dining, and residential areas within the City of Frederick, enhancing accessibility for users.

“This expansion provides Blink Charging with the opportunity to expand our charging solutions into bustling cities, like Frederick,” said Mike Battaglia, Chief Operating Officer of Blink Charging. “Our mission is to meet electric vehicle drivers, whether residents or visitors, with the convenience of charging on-the-go. We look forward to electrifying the City of Frederick and revolutionizing the future of transportation in the city.”

The collaboration between Blink Charging and the City of Frederick signifies a groundbreaking advancement in the expansion and innovation of EV charging infrastructure. The City of Frederick Department of Economic Development is the proprietor and operator of all four parking garage locations. In a bid to enhance service, it is introducing membership options for residents, ensuring secured access to charging spots, granting them the flexibility to charge their vehicles at their convenience. This initiative is designed to cater to residents and frequent visitors to Frederick, providing added convenience for their trips to the city.

“Frederick attracts nearly 2 million outside visitors per year on top of local transient trips by residents and workers, and in 2023 alone, we saw an uptick of 50% in the number of trips made by EVs. Our downtown parking system, ParkFrederick, strives to be easy to use so the city can continue to encourage tourism spending and prioritize expanding employment. The 20 new Blink chargers represent a huge step toward Frederick providing more charging options.” said Richard Griffin, Director of Economic Development for the City of Frederick.

“The introduction of these new EV charging stations within our downtown parking garages will enhance the convenience of EV ownership and reaffirms the City’s dedication to reducing our carbon footprint,” said Mayor of Frederick, Michael O'Connor. “Efforts like these are why I believe that together with Blink, we are powering Frederick towards a greener, more sustainable future.”

“We’re so excited to offer EV charging options for both residents and visitors alike,” said Jenny Willoughby, the City’s Sustainability Manager. “These chargers will contribute to the reduction of tailpipe emissions and ultimately help improve air quality in the city and the broader region.”

“Increasing the number of EV charging stations is a crucial step toward improving equitable access to clean energy and transportation. The Greater Washington Region Clean Cities Coalition is proud to have supported this important initiative to ensure that all communities have access to EV chargers,” said Antoine M. Thompson, CEO/Executive Director of the Greater Washington Region Clean Cities Coalition.

Blink, under the Mid-Atlantic Electrification Partnership through Virginia Energy, recently deployed charging stations in Frederick. These Level 2 (L2) charging stations, strategically placed across six hotel locations in Virginia, Washington D.C., and Maryland, cater to EV drivers, providing them the convenience of charging on-the-go during their visits. Blink’s initiative in the City of Frederick contributes to making EV charging more convenient and accessible for electric vehicle drivers.

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About Blink ChargingBlink Charging Co. (Nasdaq: BLNK), a global leader in electric vehicle (EV) charging equipment, has contracted, sold, or deployed nearly 85,000 charging ports worldwide, many of which are networked EV charging stations, enabling EV drivers to charge at any of Blink’s charging locations easily. Blink’s principal line of products and services includes the Blink EV charging network (“Blink Network”), EV charging equipment, EV charging services, and the products and services of recent acquisitions, including SemaConnect, Blue Corner, BlueLA, and Envoy. 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. With global EV purchases forecasted to half of passenger cars sold in the US by 2030, 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://www.blinkcharging.com/.

Forward-Looking StatementsThis 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 ContactNipunika CoePR@BlinkCharging.com305-521-0200 ext. 266

Blink Investor Relations ContactVitalie SteleaIR@BlinkCharging.com305-521-0200 ext. 446