Blink Charging (BLNK) Applauds Bi-Partisan Letter from 12 Governors Calling for Regulatory Path to Accelerate Transition to Zero-Emission Vehicles by 2035

April 22, 2021 2:35 PM EDT

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

Blink Charging Co. (Nasdaq: BLNK, BLNKW) ("Blink" or the "Company"), a leading owner, operator, and provider of electric vehicle (E.V.) charging equipment and services, supports the call for the establishment of a regulatory framework to enhance the transition to zero-emission vehicles as presented in a letter delivered to the Biden Administration in advance of today's White House Climate Summit. The letter, signed by the Governors of: California, Connecticut, Hawaii, Maine, Massachusetts, New Jersey, New York, New Mexico, North Carolina, Oregon, Rhode Island and Washington, calls for supportive federal policy to regulate and accelerate the move to clean vehicles, and specifically asks for the setting of standards to ensure that all new passenger cars and light-duty trucks sold are zero-emission no later than 2035.

"The number of E.V.s on the road today represents a small but growing percentage of the driving public, and it is very exciting to see a bipartisan group of governors come together to request a federal framework to accelerate E.V. adoption and the establishment of E.V. infrastructure. As the White House spotlights the environmental and climate challenges that face our country and the world, it is fitting that these governors are calling for a focus on clean transportation, whether passenger cars, school buses, light duty trucks or entire fleets," remarked Michael D. Farkas, CEO of Blink Charging.

"The transition to zero-emission vehicles will not only result in cleaner air and promote the health of communities across the U.S., this evolution also provides the opportunity for job creation as car manufacturers pivot to expanding their E.V. offerings. Also, electric vehicles can be run on 100% domestically produced energy, lessening the U.S. dependence on imported oil and creating quality energy sector jobs domestically," said Farkas.

"As these Governors commit to a zero-emission transportation future, Blink stands ready to provide fast, reliable, and accessible charging infrastructure that will be meeting. We look forward to making E.V. charging accessible and that E.V. drivers can find convenient charging locations as they travel the country," concluded Farkas.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Management Comments