HomeInvesting NewsUBS Collaborates With Blink Charging to Install Charging Stations at Buildings It...

UBS Collaborates With Blink Charging to Install Charging Stations at Buildings It Owns

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Blink Charging (NASDAQ:BLNK)

A mutual service contract was signed by Real Estate & Private Markets at UBS Asset Management and Blink Charging (NASDAQ:BLNK) on Thursday (NYSE:UBS).

The deployment of Blink charging stations and related services to UBS-owned properties across the United States has been agreed upon by the parties.

According to a contract between the companies, Blink charging stations and related services will be installed at UBS-owned properties around the country.

Michael D. Farkas (CEO) revealed that Blink would give UBS access to goods, services, and creative solutions. As for the renters at multifamily properties, “The Blink network of EV chargers will provide market-leading charging solutions as they continue to build a greener future while enhancing their business operations.” 

On Thursday morning, the price of BLNK stock is up 2%.

Agreement

EV Charging Stations and Services Deployment Agreement Signed by Blink Charging and UBS Asset Management. The agreement enables UBS to choose from a variety of customizable business models offered by Blink. The newest EV charging technology, which offers quickness, usability, and a cost-effective energy source for powering the cars of the future, will be available to UBS tenants as stations are installed.

Blink has a comprehensive selection of EV charging station deployment configurations, including single and multiple wire pedestals, single and twin wall-mount chargers, DC fast chargers, and even single-family home charging stations. In addition, Blink provides access to its in-house Blink Network, a cloud-based platform that manages Blink EV chargers and associated charging data. The Blink Network gives hosts remote control and monitoring, accepts payments, and gives EV drivers important information about EV chargers.

Featured Image-  Megapixl @Brooklynboy321

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