New York, October 30, 2024 - PRISM MarketView - The PRISM Emerging EV Index company Blink Charging Co. (BLNK) has announced it has been awarded a nearly $2M grant that will allow the company to own and operate EV chargers for the state of Illinois.
This funding represents the initiatives laid out by the “Rebuild Illinois” capital program from electric vehicle charging projects. Illinois EPA will fund a part of the eligible costs related to the chargers and the charging stations for EVs that will be publicly accessible throughout five locations in Illinois that will cumulatively host 15 stations.
“The state of Illinois and Blink are both keenly focused on leading the electrification of transportation together. This project represents another example of Blink leveraging external capital to efficiently install, own, and operate EV charging infrastructure, and we are grateful for the state’s trust and our shared vision.”
Mike Battaglia, CEO-Elect at Blink Charging
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