Blink Charging Partners with Nexxtlab to Simplify Energy Management Solutions in Europe

Blink Charging and Nexxtlab have partnered to provide simplified energy management solutions for EV fleets in Europe. Nexxtlab's Smartmaster platform integrates with Blink EV charging locations to manage energy usage, reduce operating costs, and enhance performance. The platform communicates directly with various systems in the energy ecosystem, optimizing charging when there is more sunlight and when drivers don't require their vehicle, aligning charging with locally generated renewable energy.

Title: Blink Charging and Nexxtlab Partner to Simplify EV Energy Management in Europe

Blink Charging (NASDAQ: BLNK) and Nexxtlab have announced a strategic partnership aimed at enhancing energy management solutions for electric vehicle (EV) fleets across Europe. The collaboration integrates Blink's extensive charging network with Nexxtlab's Smartmaster platform, creating a comprehensive ecosystem that optimizes energy usage, reduces operating costs, and enhances performance.

The Smartmaster platform, designed by Nexxtlab, is an advanced energy management tool that connects EV chargers with inverters and energy storage systems. This integration allows for intelligent load management, taking into account factors such as renewable energy availability, user preferences, and grid impact. By optimizing charging schedules based on local renewable energy forecasts and desired driving ranges, the platform ensures that charging aligns with peak renewable generation, addressing critical challenges in fleet electrification.

Blink's European expansion with Nexxtlab strengthens its position in energy management and fleet charging solutions. The partnership enables Blink to move beyond basic charging functionality and offer comprehensive energy management services, potentially increasing the utilization rates of its European charging infrastructure. While the immediate revenue impact of this partnership is not quantified, it positions Blink to capture a significant portion of the growing fleet electrification market in Europe, where companies increasingly seek solutions that optimize both charging costs and renewable energy usage.

Nexxtlab's Smartmaster platform is fully scalable and communicates directly with various systems in the energy ecosystem using common protocols. This integration creates a differentiated value proposition for fleet operators seeking simplified energy management. The platform's ability to manage diverse energy setups and provide flexibility and transparency empowers businesses to accelerate the transition to a decarbonized and digital energy future.

Mike Battaglia, CEO and President of Blink Charging, commented, "This collaboration is about supporting businesses through the next phase of the energy transition and further redefining what’s possible in EV infrastructure. By collaborating with Nexxtlab and its groundbreaking Smartmaster technology, we’re providing fleets and individual drivers with a fully integrated, easy-to-use approach to energy and charging that improves performance, enhances resiliency, and enables faster, more cost-efficient deployment."

Olivier Piraux, CEO of Nexxtlab, added, "We’re excited to be teaming up with Blink Charging and its leading EV charging technologies and solutions. Smartmaster is built to integrate. It is asset-flexible, connecting effortlessly with a wide range of inverters, EV chargers, and storage systems, making it easy to manage diverse energy setups. Together with Blink, we’re building a one-stop shop ecosystem to benefit businesses and EV drivers, paving the way for enhanced resilience and a brighter, more accessible energy future."

This strategic partnership between Blink Charging and Nexxtlab signifies a significant advancement in their European market strategy, positioning them at the forefront of the EV charging and energy management landscape.

References
[1] https://www.stocktitan.net/news/BLNK/blink-charging-and-nexxtlab-team-to-provide-simplified-energy-qhiryfpxp55j.html