Car Charging Group and American Clean Energy to Showcase Electric Vehicle Charging Station at ICSC's RECON 2011 Convention

Car Charging Group Inc. and American Clean Energy announced their plans to exhibit an electric vehicle (EV) charging station at the International Council of Shopping Centers' (ICSC) global retail real estate convention, Recon 2011, held at the Las Vegas Convention Center from May 22 to 25. The exhibit will demonstrate Level II, 240-volt EV charging sessions with an Inzio, the world's fastest all-electric supercar. This event will provide Car Charging Group with the opportunity to directly reach its target audience and showcase the ease of charging an electric vehicle and the benefits of installing one on their properties.

Key Takeaways:

• Car Charging Group is expanding its operations nationally and internationally, aiming to build out a nationwide infrastructure for electric vehicle charging.
• The company has partnered with American Clean Energy, a leading solar integrator, to showcase the combined benefits of solar energy and EV charging at the ICSC RECON 2011 convention.
• Car Charging Group aims to own and build out a nationwide network of EV charging stations, providing convenient and affordable charging options for electric vehicle owners.
• The company has identified the need to establish charging station networks throughout the transportation infrastructure to provide easy access to energy everywhere drivers live and work.
• An estimated 40 million plug-in electric vehicles are expected to be on the road by 2030, requiring a substantial charging infrastructure to support their growth.
• Car Charging Group's mission is to enable EV and PHEV owners to charge their vehicles anytime, anywhere, with the goal of becoming the leading provider of electric car charging services.
• American Clean Energy is a New Jersey-based developer of solar installations for municipal, retail, commercial, and industrial customers, which has partnered with Car Charging Group to bring solar energy and EV charging together.

Statistics:

• Estimated total number of plug-in electric vehicles on the road by 2030: 40 million
• The number of EV charging stations needed to support the growth of electric vehicles: substantial
• The number of shopping center owners, developers, managers, and other professionals in ICSC's global trade association: 60,000 members
• The number of national and regional shopping center councils affiliated with ICSC: 25
• The number of years Car Charging Group has been expanding its operations: since September 2009
• The number of countries Car Charging Group aims to expand its operations to: internationally, but specific countries not mentioned

Sources:

• Car Charging Group, Inc. press release, dated May 23, 2011.
• American Clean Energy website, www.SolarTrackingTree.com.