Miami Fla. (September 8, 2022) – Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink”), a leading owner, operator and provider of electric vehicle (EV) charging equipment and services and UBS Asset Management’s Real Estate & Private Markets business today announced a mutual service agreement for the deployment of Blink charging stations and related services to UBS-owned properties throughout the United States.
This agreement allows UBS to select from Blink’s flexible business models to support the unique needs of each facility. Moreover, as stations are deployed, UBS tenants will have access to the latest EV charging technology that provides speed, ease of use, and an affordable energy source for powering future automobiles.
Michael D. Farkas is the Chairman and Chief Executive Officer of Blink. He says they are happy to provide UBS with access to the broad range of Blink products, and services. In addition to innovative solutions.
Blink adds their network of EV chargers will provide industry-leading charging solutions for tenants. Specifically at multifamily locations as they continue to build a greener future while enhancing their business operations.
“We continue to work towards lowering our emissions at our properties. And delivering value to tenants and investors through the implementation of EV charging stations,“ said Vasilios Diakogeorgiou, Head of Strategic Initiatives, UBS Asset Management. “We look forward to working with Blink to provide our multifamily tenants with EV chargers.”
Blink offers a full range of EV station deployment configurations, including single and multiple cord pedestals, individual and paired wall-mount chargers, DC fast chargers, and even single-family residential charging stations. In addition, Blink offers its proprietary Blink Network, a cloud-based system that operates Blink EV chargers and their charging data. The Blink Network provides hosts remote monitoring and management, payment processing, and provides EV drivers with vital EV charger information.
