Blink Charging Co (BLNK)

[maynerd]

Business Updates and Highlights
During the second quarter of 2020, the Company:

Achieved a key milestone of 1,000 installations of its new fast 19.2kW IQ200 EV charging stations
Announced a joint venture with Envoy Technologies to deploy Electric Vehicles and EV charging stations; Potential deployment of 7,000 chargers within five years; 2,000 of which expected within 12 months
Expanded deployment and contract renewal of IQ 200 charging stations with the city of Portland
Announced the inclusion of Blink charging stations as part of Apple’s iOS14 maps app
Continued to maintain safety measures related to the COVID-19 pandemic, keeping in place work-from-home practices for the majority of the staff and implementing safety protocols in the manufacturing process
Deployed 662 units during the second quarter
Appointed industry powerhouse Brendan S. Jones as its new Chief Operating Officer (COO)

Subsequent to the close of the second quarter ended June 30, 2020, the Company:

Announced a strategic partnership between its Blink Charging Hellas joint venture and Nissan Nik.I.Theocharakis S.A., for the development of a charging infrastructure at official Nik.I.Theocharakis S.A Group of Companies locations and at authorized Nissan dealerships in Greece
Signed agreement with Cushman & Wakefield for deployment of Blink EV charging stations through marketing efforts to the firm’s U.S. clients
Announced interoperability agreement with SemaConnect, allowing customers of both companies to roam between charging networks without needing additional accounts or cards, establishing more accessible nationwide charging options
Appointed seasoned sales executive and automotive industry-veteran, Michael C. Battaglia, as Vice President of Sales