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CarCharging and City Park Form Partnership to Increase Availability of Electric Vehicle Charging Infrastructure in San Francisco

Electric Car Charging Service Provider Supports EV Drivers in Northern California by Expanding EV Charging Locations


News provided by

Car Charging Group, Inc.

Feb 13, 2013, 08:30 ET

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MIAMI BEACH, Fla., Feb. 13, 2013 /PRNewswire/ -- Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging"), a nationwide provider of convenient electric vehicle (EV) charging services, announced its partnership with City Park, a premier parking management company in Northern California. CarCharging and City Park inaugurate their partnership with the availability of EV charging services at City Park's MOMA Garage located at 147 Minna Street and the 750 Bush Garage located at 750 Bush Street, both in San Francisco, California.

The MOMA Garage is centrally located in downtown San Francisco, between 3rd Street and New Montgomery Street, and provides easy access to the San Francisco Museum of Modern Art as well as the Moscone Center.  The 750 Bush garage is located near the world class shopping district, Union Square, and provides parking to many of the boutique hotels in the area.

"San Francisco is one of the leading markets for electric car sales and CarCharging believes that is imperative to support the EV drivers in the area by providing convenient and accessible EV charging locations," said Michael D. Farkas, CEO of CarCharging. "We are thankful to have partners such as City Park, who are leaders in their industry and understand the added value of this amenity."

"At City Park, we are dedicated to making a positive impact on the environment and we see EV charging stations as one of the amenities that benefits our customers, our clients, their tenants and guests, and our community as a whole," said Spencer Sechler, Director of Marketing at City Park.  "As a company who relies on passenger vehicles to generate our revenues, we are committed to help provide "green" alternatives to fossil based fuels."

CarCharging's services utilize EV charging stations manufactured by ChargePoint®, which provide 240 volts with 32 amps of power to quickly recharge an EV's battery. EV drivers can easily request CarCharging's evCharge card on CarCharging's website to initiate use and payment at any intelligent CarCharging station. CarCharging's evCharge card also allows drivers to use charging locations on the ChargePoint® Network, the largest national online network connecting EV drivers to EV charging stations.

Users can pinpoint EV charging station locations using the CarCharging map at www.CarCharging.com. The ChargePoint® mobile application for iPhone, Android, and Blackberry phones also provides real-time charging station location information with turn-by-turn directions.  Drivers will soon be able to reserve a time slot, guaranteeing access to EV charging stations to recharge their electric vehicle. 

About Car Charging Group, Inc. 

Car Charging Group, Inc. (OTCQB: CCGI) is a pioneer in nationwide public electric vehicle (EV) charging services at accessible and convenient locations. Headquartered in Miami, Florida with offices in California, Canada, and Spain, CarCharging is committed to creating a robust, feature-rich network for EV charging. CarCharging typically pays for all hardware, installation, maintenance and related services; therefore, eliminating initial capital costs for all property owners. 

CarCharging has more than 45 strategic partnerships across various business sectors.  CarCharging's partners manage or own a total of 6.5 million parking spaces, and include, but are not limited to City Park, Ace Parking, Central Parking, Equity One, Equity Residential, Forest City Enterprises, Walgreens, Pennsylvania Turnpike Commission, City of Miami Beach, and the City of Norwalk, Connecticut.  CarCharging's services utilize EV charging stations manufactured by ChargePoint®.

For more information about CarCharging, please visit www.CarCharging.com.

About City Park

City Park is San Francisco's premier parking management company, serving more than 14,000 customers at over 75 different locations each day.  Their reputation as the #1 local "boutique" parking operator that has enabled City Park to continue to grow in its involvement in the highest profile parking projects in the San Francisco area, including; 5 Star Hotels, Class A Office Buildings, Remotely Managed (Unmanned) Garages, and Luxury Residential parking facilities.

As parking garage and lot owners themselves, City Park brings an owner's perspective and a unique "Modern Parking Model" that is unmatched in their local market.  They have developed a reputation for providing property owners/managers with modern management systems that deliver:  Impressive economic results; "5 Star" Customer/Tenant service; State of the art technology enhancements; Marketing and Social Media programs that deliver; Fully transparent accountability, and The Smartest parking minds in the business.

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:

 

CarCharging Media:

City Park Media:

CarCharging Investor Relations:

Suzanne Tamargo

Spencer Sechler

Constellation Asset Advisors, Inc.

[email protected]

[email protected]

www.ConstellationAA.com 

(305) 521-0200 x 214

(415) 813-4246

(415) 524-8500 

SOURCE Car Charging Group, Inc.

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