Blink Charging awarded $7M to implement new ride share service in New Jersey

Blink Charging announced the New Jersey Department of Environmental Protection, NJDEP, New Jersey Board of Public Utilities, NJBPU, and New Jersey Economic Development Authority, NJEDA, have awarded Blink $7M in Regional Greenhouse Gas Initiative, RGGI, auction proceeds, to bring electric ride-sharing to New Jersey communities that lack access to reliable transportation. The award is part of the overall $70M in Regional Greenhouse Gas Initiative, RGGI, auction proceed awards aimed to help reduce the upfront costs of electric trucks, buses, and equipment in underserved neighborhoods. "Bringing an electric ride share program to New Jersey makes great sense and will be a benefit to the low- to moderate-income communities that may lack access to traditional public transportation. We are excited to have been selected and share our expertise and experience in the electric ride share space," said Michael Farkas, Founder and Chief Executive Officer of Blink Charging. "Electric ride share services make a positive impact for residents in underserved areas by reducing harmful greenhouse gas pollutants that come from gas fueled vehicles."