Tag Archives for: Parking Industry

Veterans in Parking US and Veterans in Parking UK form a Strategic Partnership Alliance (SPA) 

November 11, 2022

 

Veterans in Parking US and Veterans in Parking UK form a Strategic Partnership Alliance (SPA)

 

 

 

Veterans in Parking, Inc., and Veterans in Parking UK have agreed in principle to the creation of a Strategic Partnership Alliance (SPA) between the two organizations to further the mission of placing Military Veterans into meaningful and rewarding careers in the Parking and Transportation industries in the UK and the US. By working together on both sides of “the pond”, Veterans in Parking and Veterans in Parking UK will enjoy a larger geographical footprint, enhanced visibility and the opportunity to combine resources to further their common mission.

Veterans in Parking UK is a newly created initiative of the British Parking Association and is being organized and managed by Dean Fennell-Connell, UK Sales Director for Conduent Transportation. Dean can be reached via LinkedIn at https://www.linkedin.com/in/deanfc/       or via telephone at +44 (0) 7771 964682. The British Parking Association is a UK based Not-For-Profit and point of contact is Dave Smith, Head of Communication and Marketing. Dave can be reached via email at dave.s@britishparking.co.uk or via telephone at +44 (0) 7342 854900

Veterans in Parking, Inc. is a US based Not-For-Profit 501(c)3 Charitable Organization and is managed by a Board of Directors throughout the US. The primary point of contact is: Douglas Cram, President and Founding Member. Doug can be reached via email at admin@vetsinparking.com or via telephone at +1 (770) 331-5864

SP Plus Corporation Acquires Assets of DIVRT, Inc., an Innovator in Frictionless Parking Technology

November 11, 2022

SP Plus Corporation Acquires Assets of DIVRT, Inc., an Innovator in Frictionless Parking Technology

— Creates Technology Innovation Lab, Based in India, to Accelerate Technology Capabilities and Expand Menu of Technology Offerings —

 

CHICAGO, Nov. 10, 2022  —  SP Plus Corporation (Nasdaq:SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients, announced that it has acquired certain assets of DIVRT, Inc.(“DIVRT”), a developer of innovative software and technology solutions that enable frictionless parking capabilities.   SP+ has acquired all the intellectual property of DIVRT and a talented team of over 20 technology engineers based in India.

Marc Baumann, Chairman and Chief Executive Officer of SP+, commented, “This acquisition, coupled with our recent acquisition of KMP Associates Limited and its U.K.-based technology team, strengthens our position as a global provider of frictionless, SaaS solutions that are independent of our legacy parking management and transportation related operations. These transactions demonstrate the successful execution of our strategy to make acquisitions that we believe further enhance and complement our technological capabilities, expand our addressable market and help us accelerate growth.”

Jeffrey Eckerling, Chief Growth Officer of SP+, said, “We have been working with DIVRT since 2020, and they are a valuable partner. As we continue to expand our suite of Sphere technology solutions, we are excited to be able to welcome the DIVRT team of seasoned technology engineers, who will serve as the foundation of our new technology innovation lab based in Bengaluru, India. The creation of the technology lab enables us to accelerate our development efforts to bring innovative solutions that we believe will help us further differentiate ourselves from our competitors.”

Amit Rohatgi, founder and CEO of DIVRT, commented, “The entire DIVRT team is thrilled to join the company that’s leading the digital transformation of the parking industry. We’re excited to accelerate the adoption of frictionless technologies as we continue to develop innovative solutions for current and prospective clients.”

About SP+

SP+ facilitates the efficient movement of people, vehicles and personal belongings with the goal of enhancing the consumer experience while improving bottom line results for our clients. The Company provides professional parking management, ground transportation, remote baggage check-in and handling, facility maintenance, security, event logistics, and other technology-driven mobility solutions to aviation, commercial, hospitality, healthcare and government clients across North America and Europe. For more information visit www.spplus.com.

About DIVRT

DIVRT is a software, cloud and IOT technology company delivering parking management solutions. The company provides a range of proven and deployed cloud-based products for digitizing gated and gateless parking environments with contactless check-in/check-out, mobile payments, enforcement, and advanced live dashboards with rich reporting.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these statements by using words such as “expect”, “anticipate”, “believe”, “confident”, “could”, “should”, “estimate”, “intend”, “may”, “plan”, “guidance”, “will”, and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. These forward-looking statements are made based on management’s expectations and beliefs concerning future events affecting the Company and are subject to uncertainties and factors relating to operations and the business environment. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the impact of the COVID-19 pandemic or other contagious illnesses on global economic conditions, on the aviation, commercial, hospitality and institutional industries in general and on the financial position and operating results of our company in particular; intense competition; changing consumer preferences and legislation; ability to preserve client relationships; the Company’s ability to successfully effect its strategic growth plan; difficulty obtaining insurance coverage or obtaining insurance coverage at a reasonable cost; volatility associated with high deductible and high retention insurance programs; risk that insurance reserves are inadequate; losses not covered by insurance; risk management and safety programs do not have the intended effect; risks relating to the Company’s acquisition strategy; risks associated with management type contracts and lease type contracts; deterioration in general economic and business conditions, including inflation or rising interest rates, or changes in demographic trends; information technology disruption, cyber-attacks, cyber-terrorism and security breaches; labor disputes; catastrophic events such as natural disasters, pandemic outbreaks and military or terrorist attacks could disrupt business; seasonal fluctuations and the impact of weather-related trends; risk that state and municipal government clients sell or enter into long-term lease type contracts with the Company’s competitors or clients for parking-related assets; risks associated with joint ventures; adverse litigation judgments or settlements; risks associated with operating in a highly regulated environment and the impact of public and private regulations or governmental orders; the impact of Federal health care reform; adverse changes in tax laws or rulings; risks due to the Company’s substantial indebtedness, including failure to comply with credit facility covenants or meet payment obligations which may accelerate repayment of the Company’s indebtedness; lack of availability of adequate capital, financing, or revenues to grow the Company’s business or satisfy liquidity needs; goodwill impairment charges or impairment of long-lived assets; the effectiveness of the actions we have taken to address our liquidity needs and reduce costs; financial difficulties or bankruptcy of major clients; the Company’s ability to obtain performance bonds; failure to attract and retain senior management and other qualified personnel; actions of activist investors; and the long-term impact of climate change on our business.

For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.

Contact:
Connie Jin                                           
SVP, Corporate Development            
(312) 274-2105
cjin@spplus.com                               
Vicky Nakhla
ADVISIRY PARTNERS
(212) 750-5800
vicky.nakhla@advisiry.com

 

Meet Your Peers, Improve Your Parking Facilities and Maximize Revenue: Join the Airport Parking Network Event 2022

November 09, 2022

Meet Your Peers, Improve Your Parking Facilities and Maximize Revenue: Join the Airport Parking Network Event 2022

 

 

 

 

From 27 – 29 November the 13th Airport Parking Network Event (APNE) will be taking place in Madrid. With representatives from over 200 international airports, APNE is the only networking event where airport parking operators and parking solution providers can come together to generate innovative solutions designed to improve airport parking services and maximize revenue.

Attendees create their own agenda, choosing from interactive workshops led by parking industry experts and open discussions amongst airport parking mangers focused on key trends, current challenges and hot topics within the airport parking niche. A tour of Madrid Airport’s parking facility is also on the agenda, as well as ample opportunities for attendees to network with their peers during dedicated breaks and an exclusive dinner.

 

Workshops topics this year include:

  • Maximizing pre-book parking revenue
  • Free flow parking and dynamic pricing
  • Leveraging parking apps
  • Connecting the dots from curbside to airside
  • Flexible payment technology
  • Adapting your customer journey in a rapidly changing world
  • Ancillary revenue
  • The impact of digitalization to operations and consumer behavior
  • Elevating CX across the parking journey
  • The power of data

And, round table discussions will include:

  • Taking your airport business online
  • Managing capacity and dealing with demand
  • Dynamic pricing and yield management
  • EV charging and going green
  • Creating a winning ground access model

Jorrit Weerman, CEO of Parking Network explained what sets the Airport Parking Network Event apart, “From the beginning, our focus on productive networking and community building has set our event apart. Our goal has always been to bring airport parking managers and parking industry professionals together in an informal setting ideal for exchanging experiences, generating new ways of thinking, and building long and lasting relationships.

‘We are committed to driving the airport parking industry forward. Over the past 13 years we have helped facilitate many productive relationships and we continue to expand our agenda so that we can address even more challenges within the industry”.

For more information about the Airport Parking Network Event, and to register, visit: apne.parking-net.com

 

Contact Details

For more information contact:
Jorrit Weerman
CEO
jorrit@parking-net.com

About Parking Network

At Parking Network we connect parking professionals worldwide and provide the latest developments in the parking industry. From daily updated news to product showcases, job vacancies, tenders, upcoming events, literature and 1700 companies indexed in the Yellow Pages for the parking industry worldwide. Parking Network is an easy way to interact with people in your working field, and an effective and efficient method to generate new business contacts.

apne.parkingevent.com

Cleverciti Bringing Good Parking Luck to Major Irish Shopping Centre

November 06, 2022

 

 

 

Cleverciti Bringing Good Parking Luck to Major Irish Shopping Centre

 

 

 

Cleverciti is excited to bring our innovative parking technology solutions to the Liffey Valley Shopping Centre in Dublin, Ireland! Liffey Valley is one of Ireland’s largest shopping destinations, with more than 80 stores, 20 restaurants, and a state-of-the-art movie theater.

Cleverciti worked with Liffey Valley owner and global real estate investment firm Hines to implement our innovative solutions across the development’s nearly 3,000 parking spaces across four parking lots. This initiative transforms the way parking is utilized within the development, creating a more efficient, sustainable, and pleasant parking operation.

Hines’ goal is to provide the best experiences possible from arrival to departure for its thousands of annual visitors. Parking plays a vital role in every visit to a destination, and can ultimately determine whether or not someone chooses to return. Further, providing real-time parking availability information helps to reduce the amount of time people spend looking for parking, allowing them to be on their way to their destination, while reducing carbon emissions associated with circling and vehicle idling. This initiative complements the centre’s existing Park Easy parking management system, providing convenient touchless parking options for visitors.

For this project, Cleverciti integrated our cutting edge, pole-mounted Cleverciti Sensors. The sensors monitor the parking occupancy throughout the parking areas, complemented by ClevercitiTotem LED signage. Visitors can arrive at the parking lot and be greeted by dynamic signage providing the number and location of available parking spaces in real-time.

Each Cleverciti Sensor can monitor up to 100 parking spaces, and easily be installed on existing infrastructure including lampposts, buildings, or masts. With a range of up to 220 degrees, the sensors can measure the exact GPS position of each available parking space and relay that information to the LED signage.

In addition to the sensors and signage, Cleverciti is providing our Cleverciti Cockpit parking management system and dashboard. This solution not only provides the property owner and operator with real-time parking occupancy information, but it also provides comprehensive parking data valuable to evaluate patterns, optimize the parking operation, implement dynamic pricing to maximize revenues, and identify and correct any issues. The Cockpit also provides stakeholders with analytical insights, full reporting features, heatmaps, and a live view dashboard.

www.cleverciti.com

Clopay® Corporation Introduces VertiStack™ Clear Door

November 03, 2022

 

 

 

Clopay® Corporation Introduces VertiStack™ Clear Door

Innovative new compact stacking door maximizes ceiling space
while providing clear aesthetics.

 

 

 

Mason, OH  –– Clopay® Corporation, a leader in closure products for commercial, residential, industrial, institutional, and retail applications, introduces the new VertiStack™ Clear Door, a unique compact door with vertically stacking sections, engineered to provide a clear, open ceiling and modern design. VertiStack Clear will be available in Clopay® Corporation’s Clopay, Cornell, and Cookson brands.

The door’s components take up minimal ceiling space, making room for mechanical, electrical, or plumbing fixtures, while the streamlined aesthetic brings the outside atmosphere in (and vice versa). Enabling building footprints to expand and encompass outside spaces makes VertiStack Clear a great choice for commercial establishments looking to embrace the natural environment, such as those in the hospitality industry, including restaurants, event venues, and more.

The product’s sleek look keeps lines and angles to a minimum and cleverly hides key mechanisms. “VertiStack Clear has no hinges or exposed tracks,” said Angela Quaglio, Product Manager, Clopay® Corporation. “The door is engineered to operate smoothly and quietly, so as not to disturb patrons while cycling. When open, the door’s sections can even be recessed into the ceiling, hiding them from view.”

Clear Choice for Energy Efficiency & Customization

Clear panels allow sunlight to fill interior spaces while the door is closed. To reduce air infiltration and keep building occupants comfortable, the door features built-in gaskets between the sections and a vinyl weather seal that clips into the guide channel. VertiStack Clear has been tested to ASTM E283 standards and meets the International Energy Conservation Code (IECC®) requirements for air infiltration, making the door an energy efficient choice.

Customizable to suit openings up to 14’ wide and 14’ tall, VertiStack Clear is available with glass, acrylic, or polycarbonate panels in tempered, frosted, insulated, and Low-E options in a variety of thickness from 1/8” to 5/8”. Specifiers may also choose from anodized finishes, including clear, black, bronze, and dark bronze, as well as paint finishes in chocolate, white, or bronze.

More Information

For assistance in selecting options and customizing VertiStack Clear to suit each individual project, architects and specifiers should visit www.architectdoorhelp.com.

To learn more about VertiStack Clear Door, please visit: www.cornelliron.com/product/vertistack.

About Clopay® Corporation

Founded in 1964, Clopay® Corporation (“Clopay”) is the largest manufacturer and marketer of garage doors and rolling steel doors in North America. The company sells residential and commercial overhead sectional doors through leading home center retail chains and a network of over 2,500 independent professional dealers under the brands Clopay, Ideal, and Holmes. Rolling steel doors and grilles for commercial, industrial, institutional, and retail use are sold under the Cornell and Cookson brands.

 

 

Contact

Adrienne Reitz, Director of Marketing Communications

570-550-7652

areitz@clopay.com

Avail Car Sharing and LAZ Parking Enter Unique Partnership to Innovate Traditional Parking Garage Experience

November 03, 2022

 

Avail Car Sharing and LAZ Parking Enter Unique Partnership to Innovate Traditional Parking Garage Experience

 

First-of-its-kind agreement brings Avail to LAZ properties, expanding urban mobility options in the U.S.

 

 

CHICAGO, IL (November 3, 2022) – Avail, a car sharing platform protected by Allstate, and LAZ Parking, the fastest growing and second largest parking company in the country, are teaming up to change the way people use parking garages while making the car sharing journey even easier. The collaboration is the first time a car sharing company has directly integrated with a parking management company, enabling monthly parking subscribers to earn supplemental income by sharing their vehicle from the convenience of a commercial garage.

Avail will initially bring its car sharing marketplace and complementary customer service technologies to designated parking areas in 20 LAZ locations across Chicago and Denver, with over 100 integrated locations planned in the next year.

“We began asking what is the next step for car sharing and what more can a parking garage be.’” said Jason Mathias, president of Avail. “Our work with LAZ aims to answer these questions, making car sharing simpler and more accessible and allowing monthly LAZ subscribers to share their vehicles in a fresh, dynamic space. We are thrilled to offer this service with LAZ and lead the reinvention of parking garages.”

The partnership will debut November 3, 2022 in Chicago at LAZ Parking Grand Plaza, 540 N. State. The location will feature technologies including a digital agent to guide customers through the newly launched experience, a designated service station to care for vehicles, and an artificially intelligent camera system to help keep the platform safe and well-managed.

“The parking industry changed dramatically during the pandemic, forcing us to innovate,” said Alan Lazowski, chairman and founder of LAZ Parking. “We rose to the challenge, and through our work with Avail, we are providing a new type of service that helps vehicle owners offset the cost of their parking. It’s optimizing traditional parking garages into mobility hubs.”

Shared cars will be inspected, washed by Avail’s staff, and made available to borrow by vetted owners. As always with Avail, a best-in-class auto insurance from Allstate will offer peace of mind to Avail customers and partners. Avail plans to offer additional features, such as EV charging stations, to its LAZ locations in the future.

Members of the press interested in learning more or attending the debut in Chicago can contact Avail (media@availcarsharing.com) and LAZ Parking (mary@courseyco.com).

Denison Parking Now Managing the Energy Center Ramp in Minneapolis

November 02, 2022

 

 

For parking directions and rates for the Energy Center Ramp, click here. 

In November 2022, Denison Parking began managing the Energy Center Ramp, a 574-space public parking facility in downtown Minneapolis. This location was formerly known as the Clearway Energy Ramp. Its updated name reflects a recent ownership change to Cordia Energy.

 “Denison Parking is pleased to provide our signature seamless parking service for Cordia while also continuing our growth in Minnesota. We admire Cordia’s vision and its service as a leader in sustainable energy solutions.”

— Damon Noga, National Vice President of Business Development

The Energy Center Ramp has two entrances (4th Ave. S and 3rd Ave. S) and is Skyway-connected near the Two22 Tower, SPS Tower, the Hennepin County Government Center, and the Minneapolis Convention Center.

About Cordia

Cordia, a sustainable energy provider, purchased Clearway Energy at the end of October 2022. Cordia has been one of the largest developers and operators of clean energy in the United States. Their 5.7 gigawatts of wind, solar, and energy storage assets offset the equivalent of more than 10.5 million metric tons of carbon emissions for their customers.

Cordia has served many large operations in the heart of Minneapolis, including US Bank Stadium and Target Center. For more about their current Minneapolis district energy service area and energy facilities, check their service map at this link.

What is District Energy?

Cordia’s Minneapolis service is one of its longest-running district energy systems and has served downtown Minneapolis since 1972. District energy systems are more sustainable than on-site heating and cooling methods due to their efficient energy consumption.

This method is a practical way to provide energy to a densely populated area by using centrally located facilities to generate thermal energy (heat, hot water, or chilled water) for a group of buildings that make up an “energy district.”

The Denison Difference

Denison Parking also shares a commitment to green energy and innovation. We were the first in Indianapolis (where we are headquartered) to offer electric charging stations. We have continued to support energy-efficient practices in our nationwide operations.

Denison Parking comprises a dedicated team focused on creating an environment where energy and integrity create quality parking solutions. In addition to experience, the company’s long-standing family ownership creates a culture where everyone is treated like family, from employees to customers and clients.

Experienced. Innovative. Personal. That is the Denison Difference.

For parking directions and rates for the Energy Center Ramp, click here. 

Parking Design Leader Watry Design, Inc. Promotes Key Staff to Associate Principals and Associate Director

November 02, 2022

 

 

 

Parking Design Leader Watry Design, Inc. Promotes Key Staff to Associate Principals and Associate Director

Watry Design, Inc. is pleased to announce the promotions of three individuals to Associate Principals and one to Associate Director. The firm aspires to recognize those who go above and beyond, and these long-time employees are exemplary models of our company’s core values.

 

Taylor Kim, AIA, LEED® AP, Associate Principal, Parksmart Advisor, started her career with Watry Design in 2007. Named one of the National Parking Association’s 40 Under 40, Taylor is dedicated to developing innovative solutions for her clients. She has led the design of parking solutions for landmark projects such as The Rise in Cupertino and the California Avenue Parking Structure in Palo Alto, and is a member of the Parking Consultants’ Council.

 

Anita Gupta, SE, Associate Principal, has been with Watry Design for 19 years and has extensive experience in parking structure design and renovation. Anita’s passion for parking can be seen in projects such as the Mineta San Jose International Airport ConRAC & Economy Parking Structures and the award-winning San Jose State University South Campus Multi-Level Parking Structure. In addition to delivering on the expectations of her clients, Anita heads the firm’s Justice, Equality, Diversity and Inclusion committee.

 

Gordon Knowles, Associate Principal, brought over 20 years of experience in architecture when he joined Watry Design in 2016. Working tirelessly to design parking that meets clients’ specific needs, Gordon has led the design of parking solutions for high profile clients such as Workday and VTA. Currently, he is working to improve the patient experience at Salinas Valley Memorial Hospital.

 

Hyong-gi Jeon, AIA, LEED® AP, Associate Director, has been with Watry Design since 2004 and is committed to achieving the goals of his clients. In addition to full parking structure design for high profile campuses such as Pathline Park, Hyong-gi has extensive experience solving parking challenges with innovative solutions such as mechanical and automated parking systems.

Derq Wins AutoTech Breakthrough’s Vehicle-to-Everything (V2X) Company of the Year Award

November 01, 2022

 

 

 

Derq Wins AutoTech Breakthrough’s Vehicle-to-Everything (V2X) Company of the Year Award

 

Company’s Real-Time Infrastructure Applications for Connected and Autonomous Vehicles Recognized as Top Transportation Technology

 

 

 

DETROIT, MI – (November 1, 2022) – Derq, an award-winning MIT spin-off and leading provider of real-time artificial intelligence (AI) analytics solutions for connected roads and vehicles, today announced that it has won the “Vehicle-to-Everything (V2X) Company of the Year” award in Tech Breakthrough’s 3rd annual AutoTech Breakthrough Awards.

 

Since 2020, the AutoTech Breakthrough Awards have recognized the “breakthrough” companies, products, and services that have demonstrated its use across the many sectors of transportation to work more efficiently and react to real-time changes and conditions. With over 1,500 nominations this year from companies in over 15 different countries, Derq now ranks among the top companies and startups in the automotive technology industry.

 

As Derq understands the increasing global need to decrease traffic-related fatalities, the company’s SENSE infrastructure solution was recognized for its cooperative perception and traffic management applications. By generating connected vehicle messages with ultra-low latency and high positional accuracy in compliance with automotive standards, the solution provides full situational awareness to connected and autonomous vehicles (CAV), and detects and predicts dangerous conflicts with pedestrians, vehicles, or other vulnerable road users (VRU) to avoid collisions. The solution uses a variety of communication technologies including C-V2X and LTE / 5G to alert connected vehicles and VRU mobile apps.

 

Additionally, the V2X Company of the Year Award recognized Derq’s deployments of its solutions across the U.S. and globally, as well as the company’s successful partnerships with several global V2X players, including Qualcomm, Kapsch, DENSO, and Econolite. This ultimately demonstrated to the AutoTech Breakthrough judges how Derq’s technology can integrate with existing ITS and automotive systems to deliver industry leading V2X solutions. 

 

“We are incredibly honored that the AutoTech Breakthrough Awards recognize our connected infrastructure and vehicle technology to help community agencies and municipal organizations across the globe reduce road fatalities for all users and move toward Vision Zero,” said Dr. Georges Aoude, CEO and Co-Founder of Derq. “Derq understands the importance of creating safer and smarter roads and we look forward to continuing to make an impact across many U.S and international communities.”

 

To view the other 2022 AutoTech Breakthrough Awards winners, please click here.

 

About AutoTech Breakthrough Awards

 

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AutoTech Breakthrough Awards program is devoted to honoring excellence in automotive and transportation technologies, services, companies and products around the world. The AutoTech Breakthrough Awards program provides a forum for public recognition around the achievements of AutoTech companies and solutions in categories including Connected Car, Electric Vehicles, Engine Tech, Automotive Cybersecurity, Sensor Technology, Traffic Tech, Vehicle Telematics and more. For more information visit AutoTechBreakthrough.com.

 

About Derq:

 

Derq is an award-winning MIT-spinoff powering the future of roads for safer and more efficient movement of road users and autonomous vehicles. Through its proprietary and patented technology, Derq provides cities and fleets with an artificial intelligence (AI) platform that powers advanced analytics and connected & autonomous vehicle (CAV) applications to help them improve road safety and better manage traffic. Derq has been recognized as an industry leader by the WEF and has received a number of awards including the 2022 Global ITS Innovation Award, AI company of the year at SXSW 2019, and Top Road Safety Innovator for Vision Zero in 2020 by Together for Safer Roads. For more information, please visit www.derq.com or contact info@derq.com. Derq is a trademark of Derq Inc.

Blink Charging Collaborates with Hubject to Provide Plug&Charge Across the Blink Network in North America and Europe

October 31, 2022

 

Blink Charging Collaborates with Hubject to Provide Plug&Charge Across the Blink Network in North America and Europe

 

 

Miami Beach, FL, Oct. 31, 2022  — Blink Charging Co.(NASDAQ: BLNK, BLNKW) (Blink), a leading owner, operator and provider of electric vehicle (EV) charging equipment and services, and Hubject, an open IT platform provider, today announced a collaborative agreement to provide Blink customers in the United States and Europe with the Plug&Charge functionality and grow the Plug&Charge ecosystem.

The Plug&Charge feature is based on the ISO 15118 protocol, which allows a fully automated charging process, as the authentication begins as soon as the driver connects their vehicle to the Blink charging station. This allows EV drivers to leave their RFID cards and smartphone apps in their pockets providing an even more convenient charging experience for Blink users.

A Plug&Charge enabled vehicle is equipped with a set of certificates that transmit the customer’s contract data directly to the charging station providing greater security over the authentication via RFID card, app or credit card. The subsequent payment is also handled automatically through Blink Charging. By fully automating authentication, Plug&Charge creates a charging process that is very convenient, easy to handle, and entirely hassle-free for the driver.

“This collaboration will be an added benefit for EV drivers who charge with Blink chargers,” said Michael D. Farkas, CEO and Founder of Blink Charging. Mr. Farkas added that “Hubject’s Plug&Charge service will enable Blink users with vehicles capable of using Plug&Charge to charge their EVs without the need of an RFID card or using an app, making the charging experience even more convenient.”

“We are thrilled to be partnering with Blink Charging to offer their drivers a seamless Plug&Charge experience across their expansive North American and European networks,” said Trishan Peruma, CEO of Hubject Inc. “Creating an effortless charging experience for EV drivers lowers the barriers of EV adoption. The more straightforward the process, the more people will be convinced to join in the mobility transition.”

 

About Blink Charging
Blink Charging Co. (Nasdaq: BLNK, BLNKW), a leader in electric vehicle (EV) charging equipment, has deployed over 51,000 charging ports across 25 countries, many of which are networked EV charging stations, enabling EV drivers to easily charge at any of Blink’s charging locations worldwide. Blink’s principal line of products and services includes the Blink EV charging network (“Blink Network”), EV charging equipment, EV charging services, and the products and services of recent acquisitions, including SemaConnect, Blue Corner and BlueLA. The Blink Network uses proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. With global EV purchases forecasted to rise to 10 million vehicles by 2025 from approximately 2 million in 2019, Blink has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs. For more information, please visit https://www.blinkcharging.com/.

About Hubject

Hubject simplifies the charging of electric vehicles. Through its eRoaming platform, called intercharge, the eMobility specialist connects Charge Point Operators or CPOs and eMobility Service Providers or EMPs, enabling unified, grid-independent access to charging infrastructure. With over 400,000 connected charging points and more than 1,000 B2B partners in 52 countries and four continents, Hubject has created the world’s largest cross provider charging network for electric vehicles by connecting CPO networks. In addition, Hubject is a trusted consulting partner in the eMobility market, advising car manufacturers, charging providers and other EV-related businesses looking to launch eMobility services or implement Plug&Charge according to ISO 15118

Forward-Looking Statements 

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those described in Blink Charging’s Q2 2022 Form 10-Q and other periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Media Contact
PR@BlinkCharging.com

Hubject Media Contact
Press@hubject.com

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