Business
Blink Charging Subsidiary, EB Charging, Announces Strategic Agreement with Q-Park to Deploy Hundreds of Charging Points Across the United Kingdom and Ireland
The deal follows Blink’s recent acquisition of EB Charging and accelerates the Company’s global expansion with nearly 600 charging points to be deployed
About this update from Blink Charging Co.
[{"type":"text","content":"The deal follows Blink’s recent acquisition of EB Charging and accelerates the Company’s global expansion with nearly 600 charging points to be deployed across 80 sites Miami, FL, May 31, 2022 (GLOBE NEWSWIRE) -- EB Charging, a Blink Charging (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”) wholly owned company, today announced an agreement with Q-Park, a leading parking infrastructure owner and operator in Europe, to deploy nearly 600 charging points across 80 sites in the United Kingdom and Ireland. The Agreement, totaling over £3 million, or more than $3.7 million, will initiate EB Charging’s rollout of over 600 charging points across Q-Park’s portfolio of parking facilities in the UK and Ireland. Installations are due to commence in July 2022 and will include the modernization of the existing charging infrastructure with EB Charging’s state-of-the-art hardware. “We acquired EB Charging precisely because of its strong market presence and reach across Europe, alongside its innovative and complementary charging technology. With this agreement, we will increase the accessibility of charging ports across the UK, Ireland and beyond, including more than doubling Q-Park’s existing charging portfolio,” said Michael Farkas, founder and CEO of Blink. “We are excited to rapidly expand our presence in the UK and beyond, and continue to fuel Europe’s position as a leader in the transition to EVs.” As part of this agreement, EB Charging will be responsible for the installation of the EV charging hardware and for the management of the charging provision, including a 24/7 customer support service to Q-Park EV customers. In April, Blink acquired EB Charging, marking Blink’s first entry into the UK. The acquisition added more than 1,150 chargers, installed or committed for delivery, to Blink’s footprint and serves as an important accelerant in the Company’s global expansion. Blink is now present in more than 18 countries. ### About Q-Park Q-Park is one of the three leading providers of parking facilities in West Europe, whether wholly owned, leased, managed or in a hybrid business model. Q-Park is notable for its quality approach and has a portfolio comprising over 570,000 parking spaces in the Netherlands, Germany, Belgium, Great Britain, France, Ireland, and Denmark. About Blink Charging Blink Charging Co. (Nasdaq: BLNK, BLNKW) is a leader i...