MIAMI BEACH, Fla., Dec. 16, 2013 /PRNewswire/ -- Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging"), a nationwide provider of electric vehicle (EV) charging services, in conjunction with Standard Parking, an operating division of SP Plus Corporation (NASDAQ: SP), one of the nation's leading providers of parking management services, announced that EV charging services are now available at 101 Constitution Ave. ("101 Constitution") in Washington, D.C. The EV charging services are provided on the first level of the underground parking garage. The facility offers a total of 300 public and reserved parking spaces.
101 Constitution is conveniently located off Interstate-395 and is the closest commercial building to the U.S. Capitol. As one of two private sector office buildings on Constitution Avenue, the property offers more than 500,000 square feet, and unobstructed views of the Capitol and National Mall.
"As the adoption of electric cars continues to experience high-growth rates, CarCharging understands the importance of providing EV owners with the ability to charge where they work, live, and play," said Michael D. Farkas, Chief Executive Officer of CarCharging. "We are delighted to continue our national rollout with Standard Parking, and to support the tenants and visitors of 101 Constitution with our EV charging services."
"101 Constitution is an address of distinction, offering premier parking spaces in close proximity of the Capitol," said Rachel Crandall, Senior Manager, Standard Parking. "CarCharging's track record of serving complex Class-A buildings has established CarCharging as a leader in public turnkey EV charging services."
The EV charging services for 101 Constitution are provided by Level II EV charging stations, which provide 240 volts with 32 amps of power to quickly recharge an electric vehicle's battery. To initiate use and payment at this location, EV drivers can make direct payment via credit card. Drivers can also utilize the SemaConnect mobile application or request a SemaConnect card at semacharge.com/signup.php for quick access to the stations. Users can pinpoint additional EV charging station locations using the maps at www.CarCharging.com and www.BlinkNetwork.com.
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 Francisco, CA; New York, NY; Phoenix, AZ; and Barcelona, Spain; CarCharging's business model is designed to accelerate the adoption of public EV charging.
CarCharging provides a comprehensive turnkey program to commercial and residential property owners for EV charging services. CarCharging owns and operates the EV charging equipment; manages the installation, maintenance, and related services; and shares some of the EV charging revenue with the property owner. Thereby, eliminating most capital costs for the property owners, and providing a potential additional revenue stream.
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, Efacec, 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.
SP Plus Corporation (Nasdaq: SP) provides professional parking, ground transportation, facility maintenance, security and event logistics services to property owners and managers in all markets of the real estate industry. SP+ has nine operating divisions, each of which focuses exclusively on the idiosyncrasies and specific needs of a single vertical market. The Company has more than 23,000 employees.
Under its Standard Parking and Central Parking brands, the Company operates approximately 4,300 parking facilities and over two million parking spaces in hundreds of cities across North America, including parking-related and shuttle bus operations serving more than 75 airports. USA Parking System, a wholly-owned subsidiary, is one of the nation's premier valet operators, serving more four and five diamond luxury hotels and resorts than any other operator.
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.
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SOURCE Car Charging Group, Inc.