By Michael Elkins
Electric vehicle equipment company, Blink Charging (NASDAQ:BLNK) announced Wednesday the immediate availability of its redesigned Blink mobile charger. The company’s new freestanding charger is built and designed to provide emergency charging for stranded electric vehicles, directly addressing the needs of EV fleet operators, roadside assistance providers, insurance companies, auto manufacturers, and public roadway assistance programs.
The new Blink mobile charger is rated at 32 amps and charges an EV with up to 0.5 to 1 mile of range per minute, allowing a stranded vehicle to receive adequate charge to drive to the nearest EV charging station. The mobile charger is also capable of Wi-Fi connectivity allowing roadside providers to charge EV drivers a flat fee or per usage during a roadside event.
“We are excited to introduce our all-new, innovative portable EV charger that is available now. This product creates confidence for EV drivers and fleet operators that there is a reliable and cost-effective solution for vehicle rescue and uptime,” said Michael D. Farkas, founder and chief executive officer of Blink Charging. “The Blink Portable Charger reaffirms to our members and customers that Blink is actively committed to providing freedom and flexibility for EV drivers while continuing to expand our charging station footprint globally, building the infrastructure needed to benefit the growing number of emerging EVs.”
“The vehicle roadside assistance market continues to grow with projected estimates to reach nearly $35 billion globally by 2030. With the rapid adoption of electric vehicles, service providers require a solution that addresses EV owner’s needs,” continued Farkas. “We are pleased that demand for this product is already showing strength.”
Shares of BLNK are down 1.31% in mid-day trading on Wednesday.