Blink Applauds Governor Newsom’s Commitment to Electric Vehicles in California
Company Commits to the Continued Support for EV Charging Infrastructure and Clean Transportation Alternatives in the State
Miami Beach, FL, Sept. 24, 2020 (GLOBE NEWSWIRE) -- 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 California Governor, Gavin Newsom on his signing of executive order N-79-20 banning the sale of new gas-powered passenger cars and pickup trucks in the state by 2035.
“Blink has been in the EV charging infrastructure business for more than ten years, and we believe that Governor Newsom’s executive order comes at a pivotal time in our country. His commitment to fully embrace electric vehicles is no surprise given that California is already leading the country in the widespread adoption of EVs. Governor Newsom’s move to cut greenhouse gas emissions in the country’s most populous state indicates true leadership in helping citizens of all income levels make the change and choose cleaner transportation alternatives,” commented Michael D. Farkas, Blink Charging CEO.
“As a leading owner and operator of EV charging infrastructure, we understand the importance and timeliness of the global effort to create a cleaner environment through the adoption of new cleaner transportation alternatives. Like Governor Newsom has signaled for the state, Blink is all-in, committed to growing our EV charging network both nationwide and internationally to support increasing EV use,” continued Farkas.
California’s emphasis on the build-out of the infrastructure to support electric vehicles is already widely known, with several ground-breaking commercial incentives and rebates recently announced in the state. Most notable is the $436 million Charge Ready program for the deployment of 40,000 charging stations in Southern California Edison’s service areas.
‘We see tremendous opportunity to help further California’s environmental mission evidenced by our growth in the region and recent acquisition of Los Angeles-based electric carsharing company, BlueLA. This acquisition allowed Blink to double the number of Blink chargers in Los Angeles while providing affordable, enhanced EV mobility options to community residents. Our goal is to replicate the BlueLA model in other cities throughout California. At the same time, we continue to aggressively expand our charging network throughout the state and leverage the model to quickly expand in other large urban centers,” stated Farkas.