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Blink Charging Announces Acquisition of BlueLA Carsharing Expanding Affordable Electric Vehicle Accessibility For Underserved Communities Across the City of Los Angeles
Acquisition positions Blink to support the nation’s largest EV carsharing program for lower income communities with clean, affordable mobility options Miami
About this update from Blink Charging Co.
[{"type":"text","content":"Acquisition positions Blink to support the nation’s largest EV carsharing program for lower income communities with clean, affordable mobility options\n Miami Beach, FL, Sept. 18, 2020 (GLOBE NEWSWIRE) -- Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced that its wholly-owned subsidiary, Blink Mobility, has acquired BlueLA Carsharing, the City of Los Angeles’ contractor for its EV carsharing services program, with 200 EV charging stations and 100 electric vehicles. The acquisition doubles the number of Blink stations in Los Angeles, making the use of EV cars more accessible to the community at large and supporting the City’s commitment to reduce greenhouse gas emissions and reduce resident exposure to harmful pollutants. “California is the epicenter for EV adoption, and this acquisition significantly expands our market presence and strategically positions Blink as the City of Los Angeles’ contractor for its EV carsharing program with EV charging,” commented Michael D. Farkas, Founder and Chief Executive Officer of Blink. “The City of Los Angeles, California’s largest city, has made a substantial commitment to enabling citywide EV transportation alternatives with a clear strategy to grow its EV infrastructure, and a particular focus on its groundbreaking carsharing program that makes EV use attainable in disadvantaged neighborhoods. As the city moves into phases 2 and 3 of its EV carsharing program, we look forward to supporting the City’s aggressive environmental and EV accessibility objectives.” “Blink is excited to maintain and advance the services of BlueLA. We believe we are uniquely positioned, with our state-of-the-art charging equipment and established mobility partnerships, to play a meaningful role in the City’s plan to bring zero emissions vehicles to the most air quality challenged areas of the City. In cooperation with the Mayor’s Office of Sustainability and Los Angeles Department of Transportation we look forward to working together to improve public health, particularly in disadvantaged communities. Blink’s vision has always been about making electric vehicles and EV charging infrastructure accessible for all. Low-income families and communities of color – which are disproportionatel...