July 11, 2014
Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging"), the largest owner, operator, and provider of electric vehicle (EV) charging services announced that the company and its subsidiary, Blink Network, are participating in Nissan's "No Charge to Charge" program. The program is now live in 10 of the largest Nissan LEAF markets, which include Dallas-Ft. Worth (TX), Houston (TX), Nashville (TN), Phoenix (AZ), Portland (OR), San Diego (CA), San Francisco (CA), Sacramento (CA), Seattle (WA), and Washington (DC). The program is also offered retroactively to consumers who purchased their LEAF on or after April 1, 2014, and is anticipated to expand to at least 15 additional markets in the coming year.
"No Charge to Charge" program participants will access eligible "No Charge to Charge" charging stations with the new EZ-Charge card, which provides Nissan LEAF owners with access to five major EV charging networks, including Blink Network, CarCharging, AeroVironment, ChargePoint, and NRG eVgo.
Participants will receive 30 minutes of charging at eligible DC Fast charging stations and one hour of charging at eligible Level 2 charging stations at no fee for two years. Eligible locations include public charging locations, which do not charge parking fees. After the allotted no-fee charging period, participants may continue to fuel their EV and incur standard charging rates.
"CarCharging is delighted to collaborate with other major EV charging networks to support Nissan and new LEAF drivers with genuine interoperability, which gives drivers the ability to initiate charging sessions from various charging station manufacturers using one RFID card," said Michael D. Farkas, Chief Executive Officer and Founder of CarCharging. "Participating in programs like this benefits the industry, EV drivers, and should provide a continuous, growing revenue stream for CarCharging and Blink."
Program participants can pinpoint Blink and CarCharging's eligible EZ-Charge locations and activate their EZ-Charge cards at www.EZ-Charge.com. Drivers are encouraged to thoroughly read the materials containing the complete program participation terms and conditions distributed at registration.
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 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.
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