MIAMI BEACH, Fla., April 8, 2014 /PRNewswire/ -- Car Charging Group,
Inc. (OTCQB: CCGI) ("CarCharging"), a nationwide provider of
electric vehicle (EV) charging services, announced that the company
has entered into an agreement with GE's Industrial Solutions
business (NYSE: GE) to establish interoperability between
CarCharging's Blink Network and GE's WattStation EV chargers.
GE will soon allow CarCharging's Blink Network to serve as an
alternative payment method for drivers and owners of GE
WattStations.
The partnership between CarCharging and GE will eliminate the
barriers that have existed among EV Charging networks by
integrating their systems to allow drivers to utilize both
companies' mobile applications and Radio-Frequency Identification
(RFID) cards interchangeably. Drivers will be able to
activate and deactivate charging sessions for both the Blink EV
charging stations and GE WattStations via either company's mobile
application or RFID card.
"GE believes that interoperability across EV charging hardware
should enable greater choices for equipment owners and greater
mobility for EV owners," said Seth
Cutler, lead product manager, EV infrastructure and
software, GE's Industrial Solutions business. "By working
with CarCharging and their Blink Network, we are opening new access
and payment channels for the entire EV industry."
"We are proud to partner with GE and lead the way to true
interoperability between EV charging networks," said Michael D. Farkas, Chief Executive Officer of
CarCharging. "CarCharging is committed to working with all EV
charging manufacturers on interoperability, and we are proud to
work with GE on a solution that provides drivers with easier access
to both Blink and GE EV charging stations."
The partners anticipate that the integration between the systems
will be completed and introduced to drivers in the third quarter of
2014.
About Car Charging Group, Inc.
Car
Charging Group, Inc. (OTCQB: CCGI) is a pioneer in nationwide
public electric vehicle (EV) charging services, enabling EV drivers
to easily recharge at locations throughout the United States. Headquartered in
Miami Beach, FL with offices in
San Jose, CA; New York, NY; and Phoenix, AZ; CarCharging's business model is
designed to accelerate the adoption of public EV charging.
CarCharging offers various options to commercial and residential
property owners for EV charging services. Our typical business
model provides a comprehensive turnkey program where CarCharging
owns and operates the EV charging equipment; manages the
installation, maintenance, and related services; and shares a
portion of the EV charging revenue with the property owner.
Alternatively, property partners can share in the equipment and
installation expenses with CarCharging operating and managing the
EV charging stations and providing network connectivity. For
properties interested purchasing and owning EV charging stations,
CarCharging can also provide EV charging hardware, site
recommendations, connection to the Blink Network, and management
and maintenance services.
Through its subsidiary, Blink Network, CarCharging also provides
residential EV charging solutions for single-family homes.
For more information, please visit www.BlinkHQ.com.
CarCharging has strategic partnerships across multiple business
sectors including multi-family residential and commercial
properties, parking garages, shopping malls, retail parking, and
municipalities. CarCharging's partners include, but are not
limited to Walgreens, IKEA, Wal-Mart, Simon Property Group, Equity
One, Equity Residential, Forest
City, Cinemark USA, Fox
Studios, Facebook, PayPal, Kimpton Hotels and Restaurants, Mayo
Clinic, San Diego Padres, University of
Pennsylvania, Ace Parking, Central/USA Parking, Icon Parking, Rapid Parking,
Parking Concepts, CVS, Related Management, Pennsylvania Turnpike
Commission, Pennsylvania Department of Environmental Protection,
City of Phoenix (AZ), City of Philadelphia (PA), and City of
Miami Beach (FL).
CarCharging is committed to creating a robust, feature-rich
network for EV charging and is hardware agnostic.
CarCharging's owns the Blink network, and owns and operates EV
charging equipment manufactured by Blink, Aerovironment,
ChargePoint, General Electric, Nissan, and SemaConnect.
CarCharging's Level II charging stations are compatible with EVs
sold in the United States
including the Tesla Model S, Nissan LEAF, Chevy Volt, Mitsubishi
i-Miev, Toyota Prius Plug-In, Honda Fit EV, and Toyota Rav4 EV, as
well as many others scheduled for release over the next few
years.
For more information about CarCharging, please visit
www.CarCharging.com, www.facebook.com/Car.Charging, or
www.twitter.com/CarCharging.
Forward-Looking Safe Harbor Statement:
This press
release contains forward-looking statements as defined within
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. By their
nature, forward-looking statements and forecasts involve risks and
uncertainties because they relate to events and depend on
circumstances that will occur in the near future. Those statements
include statements regarding the intent, belief or current
expectations of Car Charging Group, Inc., and members of its
management as well as the assumptions on which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. The Company undertakes no obligation to update or
revise forward-looking statements to reflect changed
conditions.
Investor Relations
and Media Contacts:
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CarCharging Media
Contact:
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CarCharging
Investor Relations:
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Suzanne
Tamargo
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Constellation Asset
Advisors
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Suzanne@CarCharging.com
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www.ConstellationAA.com
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(305) 521-0200 x
214
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(775)
771-5808
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SOURCE Car Charging Group, Inc.