Blink Charging Co. Expands Chicago Footprint
Over 110 Deployed Electric Vehicle Charging Stations Purchased from JNS Power & Control Systems Will Expand Blink’s Presence in the Greater Chicago, Illinois Area
Hollywood, Florida, March 20, 2018 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink Charging” or the “Company”), a leading owner, operator, and provider of electric vehicle (EV) charging services, announced today that the Company has purchased 112 deployed EV charging stations from JNS Power & Control Systems, Inc. (“JNS”). The installed EV chargers are located in some of Chicago’s busiest areas including both Chicago Midway and O’Hare airports, the John Hancock Center, North Ridge Plaza, Northfield Square, and other high-traffic locations, shopping centers and parking garages throughout the city. This brings Blink Charging’s total in Illinois to over 160 stations.
Public electric vehicle charging leader, Blink Charging, is expanding its presence in the greater Chicago area to serve a key metropolitan area for electric vehicles, addressing increasing demand.
Blink Charging owns operates and sells electric vehicle charging stations and provides connectivity to the Blink Network, a cloud-based SaaS platform, that operates, manages and monitors the Blink charging stations and all associated data. Blink offers convenient charging capability to all EV drivers wherever they live, work, play, or travel to, at strategic marquee locations across the U.S.
"Our transaction with JNS has enabled us to expand in a crucial market, and we are delighted with the availability these charging stations will provide for Chicago-area EV drivers,” stated Blink Charging’s Chief Executive Officer, Mike Calise. “JNS has given us access to some of the most visited locations in Chicago, and because of this transaction, we can remove barriers for people thinking about acquiring an electric vehicle. We can tell them that, in Chicago, you’ll find a charging station and it will work on your car.”
“We look forward to working with industry leader Blink Charging to support the EV market and continue to expand the EV charging infrastructure throughout the greater Chicago area,” stated Brian Howe, CEO of JNS Power & Control Systems, Inc. “With help from Blink, we are committed to putting Chicago at the forefront of technology and innovation, by changing how we drive.”
Following the purchase of the JNS charging stations, Blink Charging will have more than 160 EV charging stations in Illinois.
About Blink Charging Co.:
Blink Charging (NASDAQ: BLNK, BLNKW) is one of the leaders in nationwide public electric vehicle (EV) charging equipment and services, enabling EV drivers to easily charge at locations throughout the United States. Headquartered in Florida with offices in Arizona and California, Blink Charging’s business is designed to accelerate EV adoption.
Blink Charging offers EV charging equipment and connectivity to the Blink Network, a cloud-based software that operates, manages, and tracks the Blink EV charging stations and all the associated data. Blink Charging also owns and operates EV charging equipment predominantly under the Blink brand, as well as using a number of other charging station equipment manufacturers such as ChargePoint, General Electric (GE) and SemaConnect. Blink Charging has strategic property partners across multiple business sectors including multifamily residential and commercial properties, airports, colleges, municipalities, parking garages, shopping malls, retail parking, schools, and workplaces.
For more information about Blink Charging, please visit BlinkCharging.com
About JNS Power & Control Systems, Inc.
JNS Power (OTC Pink JNSH) Is a Chicago based subsidiary of JNS Holdings (JNSH). JNS power is a ICC certified electric charging station installer specializing in maintenance and repair on electric vehicle charging stations. JNS Power delivers electrical construction services such as design build electrical distribution and automated building control systems.
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. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. Those statements include statements regarding the intent, belief or current expectations of Blink Charging Co., 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, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.
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Released March 20, 2018