Blink Charging Partners with Power Design to Expand EV Charging Infrastructure
Blink Charging Co. (BLNK) announced a new partnership with Power Design, a leading design-build multi-trade contractor in the United States. This collaboration will see Blink provide 429 EV chargers, totaling 723 charging plugs, for various locations within Power Design's projects nationwide.
The chargers will be primarily installed in luxury multifamily apartments and condominiums, offering residents convenient access to electric vehicle (EV) charging. Power Design will own the Blink charging stations, with property owners and managers taking ownership once they are installed.
This partnership builds on a decade-long collaboration between Blink and Power Design, marking another significant step in their ongoing relationship. Over the past five years, Power Design has become one of the leading EV charger installers in the country, highlighting its role in the growing EV infrastructure sector.
Mike Battaglia, president and CEO-elect at Blink, expressed excitement about working with Power Design to integrate cutting-edge EV charging technology into high-end properties. He emphasized the importance of contractors like Power Design in advancing EV accessibility and supporting the widespread adoption of EV technology.
This partnership represents a significant move in the push for more EV charging infrastructure, particularly in locations where people live and work. As of publication Thursday, BLNK shares were trading up by 0.95% to $1.60.