Blink Charging Commends Biden Administration and USPS for Fleet Electrification

Miami Beach, FL (July 22, 2021) – Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner, operator, and provider of electric vehicle (“EV”) charging equipment and services, applauds the Biden Administration and the USPS for taking a substantial step forward in moving the country toward greater electric vehicle (EV) adoption. On July 20, 2022, the U.S. Postal Service (USPS) announced plans to electrify at least 40 percent of its new delivery fleet. Currently, the Postal Service operates the largest vehicle fleet in the United States. That’s with over 200,000 delivery and mail collection vehicles.

“The United States Postal Service announcement is a victory for the entire EV industry,” said Blink Charging Founder and CEO Michael Farkas. “I commend the Biden Administration and members of Congress who have advocated for including more EVs in the postal fleet. Purchasing EVs is just the first step in developing a complete EV transition.”

USPS Goes Green

The increase in the number of electric vehicles to 40 percent in the Next Generation Delivery Vehicle (NGDV) is significant. USPS is ordering only 10,019 EVs out of an initial order of 50,000 vehicles. They state that in the past, only 10% of the vehicles purchased over the contract’s life would be electric. Additionally, while including many more EVs in the NGDV program. The Postal Service also states that it will purchase 34,500 Commercial off-the-shelf vehicles over a two-year period.

Mr. Farkas added that “Substantially increasing the proportion of EVs in the postal fleet is a vital step. But much more can be done to increase the number of EVs across the country.”

“As the Postal Service plans for charging its future fleet, Blink has the solutions that will benefit both the Postal Service and the American people,” continued Farkas. “We look forward to working with the Biden Administration, Congress, and individual states to ensure that the nation’s charging infrastructure will meet Americans’ rapidly growing demand for EVs.”

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