Blink Charging Signs Agreement With Global Quick Service Restaurant Franchisee Arcos Dorados To Provide EV Charging Five To McDonald's Locations In Puerto Rico; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Blink Charging has signed an agreement with Arcos Dorados, a franchisee of McDonald's, to provide electric vehicle (EV) charging stations at five McDonald's locations in Puerto Rico. The financial terms of the deal were not disclosed.
August 22, 2023 | 12:33 pm
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POSITIVE IMPACT
Blink Charging's agreement with Arcos Dorados to provide EV charging stations at McDonald's locations in Puerto Rico could potentially increase its revenue and market presence.
The agreement with Arcos Dorados, a McDonald's franchisee, could potentially increase Blink Charging's revenue and market presence. The deal could also enhance the company's reputation as a provider of EV charging solutions, potentially attracting more customers and partnerships.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
McDonald's could potentially enhance its brand image and attract more customers by providing EV charging stations at its locations in Puerto Rico through its franchisee Arcos Dorados.
By providing EV charging stations at its locations, McDonald's could potentially enhance its brand image as an environmentally friendly company. This could attract more customers, particularly those who own electric vehicles. However, the impact may be limited as the agreement is currently for only five locations in Puerto Rico.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60