ECOtality Partners with car2go to Launch First All-Electric Car-Sharing Program in North America
Thursday, July 14, 2011
San Francisco, California
– July 14, 2011 – ECOtality, Inc.
(NASDAQ:ECTY), a leader in clean electric
transportation and storage technologies,
announced today a partnership with car2go N.A.
LLC, a subsidiary of Daimler North America
Corporation, to provide electric vehicle
charging infrastructure to support the first
100-percent electric car sharing program in
North America. With plans for approximately 300
smart fortwo electric drive vehicles, the
program in San Diego represents the largest
fleet of EVs in the United
States.
ECOtality is a member of the
Electric Drive Transportation Association
(EDTA).
“Innovative car-sharing
programs like car2go’s service are pivotal to
encouraging the mainstream adoption of electric
vehicles,” said Jonathan Read, CEO of
ECOtality. “As we deploy approximately 1,000
Blink charging stations in the San Diego region
as part of The EV Project, we are creating the
robust public infrastructure necessary for
car2go’s program to succeed. Together, we
will show that EVs are a perfect fit for the
lifestyle of San Diego
drivers.”
car2go’s all-electric program
will begin in San Diego in late 2011. The
company provides a total of more than 40,000
members with more than 1,000 low-emission smart
fortwo vehicles in four
cities.
“The launch of an all
electric vehicle fleet marks a new era in
carsharing in North America,” said Nicholas
Cole, President and CEO of car2go N. A. LLC.
“San Diego is a forward-thinking city
determined to meet future transportation
demands of its residents. Our goal is to
complement the existing transportation
infrastructure by providing an emission- free
carsharing service for short and spontaneous
one-way trips.”
ECOtality is currently
installing approximately 1,000 publicly
available Blink charging stations throughout
the San Diego region as part of The EV Project.
Data collected by the charging stations will be
analyzed to better understand how EV drivers
charge their car, and help to guide future
rollouts of commercial charging
stations.
ECOtality is the project
manager of The EV Project and will oversee the
installation of approximately 14,000 commercial
and residential charging stations in 18 major
cities and metropolitan areas in six states and
the District of Columbia. The project will
provide an EV infrastructure to support the
deployment of 8,300 EVs. The project is a
public-private partnership, funded in part by
the U.S. Department of Energy through a federal
stimulus grant and made possible by the
American Recovery and Reinvestment Act (ARRA).
For more information about The EV Project,
please visit www.theevproject.com.
________________________________________
About ECOtality,
Inc.
ECOtality, Inc. (NASDAQ:ECTY),
headquartered in San Francisco, California, is
a leader in clean electric transportation and
storage technologies. Through innovation,
acquisitions, and strategic partnerships,
ECOtality accelerates the market applicability
of advanced electric technologies to replace
carbon-based fuels. For more information about
ECOtality, Inc., please visit
www.ecotality.com.
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forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. All
forward-looking statements are inherently
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prospective investors should review carefully
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could cause the Company's actual results to
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