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  • Car Charging Group, Inc. (CCGI) to Provide Electric Vehicle Charging Services at Walgreens Locations 0 comments
    Jul 26, 2011 5:33 PM | about stocks: CCGI

    Today, the Car Charging Group, Inc. announced that it has agreed to provide electric vehicle (NYSE:EV) charging services to Walgreens (NYSE:WAG) through the Coulomb Technologies’ ChargePoint® Network. Walgreens, the nation’s largest drugstore chain, awarded the contract to Car Charging Group.

    Walgreens President of Community Management and Operations, Mark Wagner, commented, “We have convenient locations along many major commuting corridors and Walgreens is well positioned to be an ideal host for EV charging stations. As a provider of health and wellness services in communities, we are pleased to be a destination for adopters of this green technology and for those committed to reducing their impact on the environment.”

    Car Charging Group will install, manage, maintain and own the EV charging stations at select Walgreens locations throughout the United States. The stations will provide flexible payment options and the ability to make reservations. They will also track usage patterns, energy use, costs and revenues, all via the ChargePoint Network’s cloud-based software service plans. Walgreens customers will have access to ChargePoint Network’s 24/7 driver support and mobile phone applications, which include station location and real-time availability, reservations, turn-by-turn navigation and charging status.

    “A network of public charging stations is essential in alleviating the fear of range anxiety,” said Michael Farkas, chief executive officer of the Miami Beach, Fla.-based Car Charging Group. “Forward-thinking companies such as Walgreens, understand the importance of publicly and conveniently located EV charging station infrastructure, and by installing this eco-friendly amenity will be able to offer their customers a chance to charge their EVs.”

    Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net

     

    Stocks: CCGI
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