Charging Electric Vehicles for Over 20 Years
Blink was founded by ECOtality, Inc. and when the federal government decided to invest significantly in electric vehicle (EV) infrastructure under The EV Project, it chose ECOtality as the project manager. ECOtality managed the installation of 15,000 commercial and residential Blink charging stations in 16 cities and major metropolitan areas in six states and the District of Columbia. The project was to provide an EV charging infrastructure to support the deployment of 8,300 EVs. The project was funded by the U.S. Department of Energy through a federal stimulus grant of $114.8 million, made possible by the American Recovery and Reinvestment Act (ARRA). The grants were matched by private investment, bringing the total value of the project to approximately $230 million.
The Blink assets and the Blink Network were purchased by Car Charging Group (OTCQB: CCGI) in October 2013.
In addition to the initial 15,000 Blink commercial and residential charging stations installed within The EV Project, the company also sells Blink residential chargers to electric car owners and is aggressively pursuing commercial and publicly available Blink EV charging equipment sales, projects, and opportunities nationwide.