CarCharging and Green Commuter Finalize Agreement to Facilitate the Launch of Vanpool and Car Sharing Program Throughout Sout...
April 07 2016 - 8:30AM
Marketwired
CarCharging and Green Commuter Finalize Agreement to Facilitate
the Launch of Vanpool and Car Sharing Program Throughout Southern
California
Largest Owner and Operator of Electric Vehicle Charging Services
Supports Innovative Car Sharing Program With Blink EV Charging
Equipment and Network Services
MIAMI BEACH, FL-(Marketwired - Apr 7, 2016) - Car Charging
Group, Inc. (OTCQB: CCGI) ("CarCharging"), the largest owner,
operator, and provider of electric vehicle (EV) charging services,
announced today that it has finalized an agreement with Green
Commuter, an entrepreneurial, socially minded and passionate group
that is focused on improving people's mobility options, while
positively impacting the environment. As a part of this agreement,
Green Commuter purchased 200 Blink Level 2 EV charging stations and
50 Blink DC Fast Charging (DCFC) stations, to facilitate the
charging of the electric cars included in Green Commuter's vanpool
and car sharing program.
Green Commuter has developed an innovative system that will
utilize a fleet of 100% zero emission vehicles to provide a
combined service of vanpool, car sharing and fleet replacement to
help alleviate traffic, reduce greenhouse gas emissions, and
decrease the cost of commuting and mobility. To maximize vanpool
efficiency, Green Commuter has developed a new model that will
utilize the vanpool vehicle during non-commuting hours as a public
car share vehicle or to replace an employer's fleet vehicle. The
efficiency between the two systems dramatically increases the
benefits by maximizing the use of the all-electric vehicle and
helps reduce costs.
"As a company committed to widespread EV charging infrastructure
and reducing greenhouse gases, we proudly support innovative
business models aligned with that mission," said Mike Calise,
CarCharging's Chief Executive Officer. "We believe that Green
Commuter's vanpool and car sharing program provides a new and
sustainable approach to maximizing vehicle resources and improving
travel for a large commuter base. This is a sizable unit commitment
from a strategic partner, and we are delighted to enable Green
Commuter's mobility solutions with our Blink EV infrastructure and
access to Blink Network."
"At Green Commuter, we are focused on improving the world that
we live in and have started by changing the way we move," said
Gustavo Occhiuzzo, Chief Executive Officer of Green Commuter. "By
combining vanpool with car sharing and offering only zero emission
vehicles, we are able to alleviate traffic congestion and improve
air quality, all while lowering user costs. Partnering with Blink
provides us with the necessary equipment and services to sustain
our programs."
Green Commuter's Blink DCFC and Level 2 chargers will operate on
Blink Network, the software that manages, monitors, and tracks the
Blink EV stations and all of its charging data. Blink commercial EV
chargers are able to rapidly recharge electric cars and accept
payment with the Blink InCard or major credit card via the Blink
mobile application, Blink Network website, or Blink customer
support center. Blink's free membership offers drivers discounted
charging fees on select public EV chargers on the Blink Network.
Drivers can become a Blink member and pinpoint Blink EV charging
station locations via the Blink mobile application or
www.BlinkNetwork.com. Drivers can also initiate charging sessions
via the Blink mobile application.
Green Commuter plans to launch its vanpool, car sharing, and
fleet replacement system with 50 units to serve the Los Angeles
area in mid-2016.
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 access to Blink Network, the software that
operates, monitors, and tracks the Blink stations and all of its
charging data, and has strategic partnerships across multiple
business sectors including multi-family residential and commercial
properties, parking garages, shopping malls, retail parking, and
municipalities.
CarCharging also provides residential EV charging solutions for
single-family homes. For more information, please visit
www.BlinkHQ.com.
For more information about CarCharging or Blink Network, please
visit www.CarCharging.com and www.BlinkNetwork.com.
About Green Commuter Green Commuter has developed an innovative
system that will utilize a fleet of 100% zero emission vehicles to
provide a combined service of vanpool, car sharing and fleet
replacement. As an entrepreneurial, socially minded and passionate
group based in Los Angeles, Green Commuter's goal is to help
alleviate traffic, reduce greenhouse gas emissions, and decrease
the cost of commuting and mobility.
Current vanpool commuter systems are inefficient. The vans are
only utilized a total of 10 to 15 hours each week (an average of 1
to 1.5 hour commute each way for five days), which is only 6-9% of
the time during any given week. To maximize vanpool efficiency,
Green Commuter has developed a new model that will utilized the
vanpool vehicle during a substantial portion of the remaining
91-94% of the time as a public car share vehicle or to replace an
employer's fleet vehicle. The efficiency between the two systems
dramatically increases the benefits and helps reduce costs.
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.
Contact Information
- Investor Relations and Media Contacts: CarCharging Media
Contact: Suzanne Tamargo Suzanne@CarCharging.com (305) 521-0200 x
214 Green Commuter Media Contact: Gustavo Occhiuzzo
gustavo@greencommuter.org
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