Keystone Purchasing Network Exclusively Chooses Blink Charging for EV Charging Services
April 11 2024 - 7:30AM
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 the Company has been selected by Keystone Purchasing
Network (KPN) as its exclusive provider of EV charging services.
The cooperative purchasing program, known as
KPN, was established to harness public sector demand for essential
products. By actively soliciting sealed competitive bids, it aims
to save valuable time and resources for school districts and other
public agencies. This program operates under the Central
Susquehanna Intermediate Unit (CSIU), a Pennsylvania educational
service agency.
“At Blink, we’re committed to serving the
education sector,” said Jim Nemec, Chief Revenue Officer at Blink
Charging. “We’re particularly proud of our work with schools around
the country – working alongside them to educate, understand, and
road map out their specific EV goals while leveraging their access
to us via this contract. It’s gratifying to work closely with our
nation’s education system to provide charging solutions and, in
many cases, an introduction to the EV driving experience for the
next generation of Americans.”
The contract took effect on March 1, 2024, and
includes options to extend it for an additional three years. To
date, Blink has installed approximately 2,000 charging stations in
the education sector. Being chosen as the exclusive EV charging
contract with KPN opens up the exciting potential for that number
to grow exponentially.
“KPN is excited to be working with Blink and
adding EV charging to our contract portfolio,” stated Mark Carollo,
Associate Director of Cooperative Purchasing at KPN. “As the demand
for EVs continues to rise, so does the need for accessible and
reliable EV charging services. This is where cooperative purchasing
steps in, offering a seamless solution to support our schools and
other public entities.”
KPN is a founding member of the Association of
Education Purchasing Agencies (AEPA), formed in 2000 as a
multi-state nonprofit organization uniting educational agencies
nationwide. Serving the interests of schools and agencies, AEPA
facilitates equal purchasing opportunities by addressing current
and future purchasing needs. This impactful organization caters to
the requirements of 25 million students across the nation.
Through the AEPA contract, Blink has been chosen
as an EV charging provider by various educational agencies. This
includes Green River Regional Educational Cooperative, Cooperative
Purchasing Connection, EduationPlus, Council of Educational
Purchasing Consortia, InterMountain Education Service District
(IMESD), and Wilson Education Center.
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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 networks (“Blink Networks”), 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
CoePR@BlinkCharging.com 305-521-0200 ext. 266
Blink Investor Relations
Contact Vitalie Stelea IR@BlinkCharging.com 305-521-0200
ext. 446
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