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Friday, January 27, 2023

Blink (NASDAQ: BLNK) Expand its Footprint in International Market Through Strategic Expansion

Blink Charging Co. (NASDAQ: BLNK) has confirmed that it has inked additional distribution agreements and hardware and software updates as part of its international expansion. In 18 countries, Blink and its subsidiaries have installed equipment or offer EV charging services. Several reseller and distributor agreements have been negotiated for Blink expansion in Latin America due to rising interest in EV charging infrastructure.

These contracts allow Blink to quickly expand its footprint in the region by partnering with local partners to deliver Blink hardware and software. The Blink Network has recently undergone an international upgrade, making the proprietary software available in 17 countries and US territory, with support for local currencies and four languages. In the next weeks, it plans to add five more countries to the Blink Network. In addition, Blink’s wholly-owned subsidiary network, the Blue Corner Network, is available in four other European nations.

Furthermore, onboarding all hardware and EV driver members from the Greek joint venture, Blink Charging Hellas, onto the Blink Network is one of the software advancements. The inclusion of 210 EV chargers to the Blink Network in Greece will improve the EV driver’s experience.

Additionally, as the company expands globally, its international operations and support teams have developed, with Blink businesses opening in El Salvador, Chile, and Mexico. To support its global expansion, Blink has hired 54 people in countries other than the United States.

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