Blink Charging and EVSTAR Introduce Comprehensive 5-Year Protection Plan for EV Charging Infrastructure

Core Insights - Blink Charging Co. has entered a strategic agreement with EVSTAR to offer extended warranty coverage options for its customers, aimed at enhancing customer confidence in charger reliability [2][4] - The extended warranty program covers various issues including accidental damage, OEM connection problems, and power surges, providing comprehensive protection for customers [2][4] - EVSTAR, backed by a leading global insurance organization, brings extensive experience in EV technology service warranty and repair to this collaboration [3][6] Company Overview - Blink Charging Co. is a global leader in electric vehicle (EV) charging equipment and services, facilitating the transition to electric transportation through innovative solutions [7] - The company's offerings include the Blink Network, EV charging equipment, and associated services, utilizing proprietary cloud-based software for operation and maintenance [7] - Blink has established strategic partnerships across various locations, including parking facilities, healthcare institutions, and retail spaces, to expand its EV charging network [7] Strategic Collaboration - The partnership with EVSTAR is seen as a pivotal moment for both companies and the EV charging industry, aiming to redefine warranty standards and enhance charger protection [5] - The collaboration allows Blink customers to avoid out-of-pocket expenses for eligible claims, ensuring better protection for their investments in EV infrastructure [4][5] - EVSTAR's mission includes delivering financially secure products and ensuring high uptime for EV charging devices, which supports the growth of the EV industry [6]