New England Burger Kings to Start Hosting Electric Vehicle Charging Stations
A big franchisee operating restaurants from the Burger King chain, the main brand in Restaurant Brands International's (NYSE: QSR) lineup, recently sealed a deal with an electric vehicle (EV) charging station provider to install EV charging stations at 10 New England region Burger Kings, with more to follow. JSC Management Group, a significant franchisee running 59 Burger King outlets, made the pact with Blink Charging (NASDAQ: BLNK) to place 26 charging stations at the first 10 restaurants immediately.
These EV charging station installations are just the beginning of a larger rollout which will see Blink stations available at most of JSC's franchised restaurants by early 2021. The Level 2 fast chargers continue to be owned by Blink, which cuts the installation cost for the Burger King franchisee to nearly zero. JSC locations in Rhode Island, Connecticut, Massachusetts, and New York will be the first to feature the new conveniences.
Image source: Getty Images.
Source Fool.com
