CarCharging consolidates EV Project, wins award for new network in NYC

Miami Beach-based Car Charging Group, Inc. (OTCQB: CCGI) is very busy these days. The company continues to operate the EV Project’s network of charging stations while it collaborates with the DOE to transfer its grant supporting the network, a process which is scheduled to be completed by the end of April. Blink Acquisition, a subsidiary of CarCharging, acquired the network of over 12,560 charging stations in October 2013, after previous operator ECOtality filed for Chapter 11 bankruptcy.

Meanwhile, Beam Charging, another CarCharging subsidiary, has received an award of $300,000 under New York State’s Charge NY initiative to install 21 charging stations at public parking garages and lots, including shopping malls in Manhattan, Brooklyn and Long Island.

Drivers can access Beam Charging’s Level 2, 32-amp chargers with a CarCharging keychain card, or via credit card.

“We are excited to support Governor Cuomo, the Charge NY initiative, and NYSERDA in expanding the infrastructure necessary for charging electric cars throughout New York,” said CarCharging CEO Michael D. Farkas. “Since our inception, we have diligently worked on developing the EV charging infrastructure in New York and we believe that the Governor’s plans to reform regulations to facilitate EV charging and utility rate incentives will further promote the adoption of EVs.”

 

Source: CarCharging