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Blink Charging to Provide EV Charging Infrastructure for City of Alameda

1. Blink Charging secures agreement for 50 EV charging ports in Alameda, CA. 2. Initial phase includes 13 Level 2 and DC fast charging ports. 3. Subsequent phase could add 34 more ports based on funding. 4. Blink will provide installation, maintenance, and related services. 5. Partnership aims to enhance EV infrastructure and reduce emissions.

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Why Bullish?

The expansion of charging infrastructure typically drives demand for EV stocks. Past projects have shown positive market reactions for similar announcements.

How important is it?

The article highlights a significant contract that could boost Blink's market presence. Infrastructure agreements often correlate with increased investor interest.

Why Long Term?

Development of charging infrastructure can support long-term growth for Blink's business model. As EV adoption increases, Blink's position will likely strengthen.

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Blink to provide expanded charging availability and support a more sustainable future for the state Bowie, Md., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator, provider and manufacturer of electric vehicle (EV) charging equipment and services, has announced it has reached an agreement to provide up to 50 EV charging ports throughout the City of Alameda, California. The agreement sets the stage for Blink Charging and the City of Alameda to collaboratively identify sites and install public charging solutions for residents and visitors to the area. Blink and the City are targeting installations to begin this year. Phase 1 of the agreement will include the deployment of 13 Level 2 and DCFC ports across four locations in Alameda. Phase 2 will add 34 more ports, contingent upon available funding and the aligned priorities of Blink and the city, to be installed at publicly accessible charging stations throughout the city. The exact number of chargers and locations is subject to adjustment. Blink is working with Alameda officials to identify and deploy critical EV infrastructure throughout the city. Additionally, Blink will provide related services such as site assessment and preparation, installation, maintenance, repair, parts and supplies, warranties, and product training. “We’re excited to be working with the City of Alameda on this project to bring the community convenient EV charging solutions,” said Mike Battaglia, Blink’s President and CEO. “Alameda was looking to partner with a reliable charging solution that could potentially service the entire city portfolio. As the need for chargers in Alameda continues to grow, we look forward to working with the city to develop additional sites. It’s rewarding to have a direct role in reducing emissions and contributing to energy independence while enhancing the EV driver experience in Alameda. We are grateful for the city’s trust and our shared vision.” ### 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 transition to electric transportation through innovative charging solutions easily. Blink’s principal line of products and services include Blink’s EV charging network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network utilizes 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/ Blink Media ContactNipunika CoePR@BlinkCharging.com305-521-0200 ext. 266 Blink Investor Relations ContactVitalie SteleaIR@BlinkCharging.com305-521-0200 ext. 446

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