Blink Charging And Ya'acobi Partner On Patent Technology Integration
Blink Charging Co.("Blink"), a owner, operator and provider of EV charging equipment and networked EV charging services and YSB ("YAAC"), an Israeli infrastructure and smart city technology, have entered into a cooperation agreement to integrate Blink technology into light poles with "flexible charging" for smart city infrastructure.
The integration of EV charging and YSB's patented innovations will allow both Blink and YSB to deploy and operate light pole charging stations integrated with IoT functionality, such as Wi-Fi, camera, internet security, and the cloud-based Blink Network in the U.S. and Israel and other potential markets.
Blink has deployed more than 14,000 electric vehicle charging stations throughout the U.S. and is expanding globally through strategic partnerships. YSB installs and manages smart city infrastructure specialising in smart lighting technology and traffic control systems.
The strategic partnership represents the world's first integration of networked EV charging with energy management into smart light poles. There have been more than 25,000 deployments across Israel and globally of YSB's proprietary smart lighting products and technology.
"The widespread deployment of electric vehicle infrastructure is mission critical to service a present and rapidly-growing global need to make EV charging affordable and accessible," said Blink's Founder and Executive Chairman, Michael D. Farkas. "We believe our partnership with YSB is a game-changer. This partnership will enable us to deploy Blink charging stations on the global stage by integrating directly into city-wide infrastructure. When we're done, EV drivers never have to wonder where they're going to fill-up."
"The strategic partnership will open new cross-selling revenue channels for Blink by leveraging existing relationships with property owners and municipalities that will be able to incorporate smart lighting technology within existing EV charging installations as well as future deployments," concluded Mr. Farkas.
"Over the past four decades YSB has focused on technology innovations that transform infrastructure to improve the lives of everyday people," said Pini YaákobiÂ¸ YSB's Founder and Chairman. "As leaders in EV charging technology, Blink is an ideal partner for this vision. The integration of our technologies will remove barriers for widespread electric vehicle adoption in both Israel and the United States."