CarCharging and the City of Coconut Creek Partner to Offer Public Electric Vehicle Charging Services
Leading Electric Car Charging Owner and Operator Expands Availability of EV Charging Services with an Additional Municipality in South Florida
MIAMI BEACH, Fla., Oct. 29, 2013 /PRNewswire/ -- Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging"), a nationwide provider of convenient electric vehicle (EV) charging services, announced that through its partnership with the City of Coconut Creek, it now provides EV charging services at 4900 West Copans Road in Coconut Creek, Florida. EV charging services are now provided in the parking lot of the city's new Public Works Administration building, which is one block from City Hall.
The picturesque City of Coconut Creek is nestled between Miami-Dade and Palm Beach Counties in South Florida. Coconut Creek is widely recognized as a well-planned community with a unique environmental consciousness. The City of Coconut Creek has made a committed to greening the City and supporting sustainable transportation through various initiatives including the electric car charging stations.
"As electric cars become more prevalent, it is our mission to support EV drivers with convenient locations to recharge their cars," said Michael D. Farkas, CEO of CarCharging. "We are grateful for municipalities like the City of Coconut Creek that understand the need for EV charging services and are interested in improving the quality of life for their citizens."
"To ensure that the City of Coconut Creek remains a green leader in South Florida while preserving the environment for future generations, we have implemented various innovative and progressive solutions for greening the City," said Becky Tooley, Mayor of City of Coconut Creek. "We believe that by partnering with CarCharging and offering public EV charging services, the City is sending a clear message supporting sustainable transportation."
The EV charging services for the City is provided by a Level II EV charging station, which provides 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 easily request CarCharging's evCharge card online, and attach the small card to their keychain. CarCharging's evCharge card also allows drivers to use charging locations on the ChargePoint® Network. CarCharging's EV charging stations also accept direct payment via credit card.
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 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, WalMart, 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.
For more information about CarCharging, please visit www.CarCharging.com.
About the City of Coconut Creek
The picturesque City of Coconut Creek is located in Broward County, South Florida, nestled between Miami-Dade and Palm Beach Counties. Coconut Creek is widely recognized as a well-planned community with a unique environmental consciousness touting an abundance of trees, waterways, attractive landscaped roads, beautiful parks, and butterfly gardens throughout our neighborhoods. This is due to the City's progressive planning approach to creating a unique life-style for our residents and businesses. Coconut Creek is the first in the State of Florida and eleventh in the country to be certified as a Community Wildlife Habitat.
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.
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