Small Cap Voice Featured Company: Car Charging Group, Inc. (CCGI.OB)

By IBTimes Staff Reporter | December 03 2010 7:01 AM

Car Charging Group, a provider of electric vehicle (EV) charging stations, is rapidly emerging as a vital component of the US Government’s overall strategy to create a clean, sustainable and energy independent America. Exploiting grants and tax incentives in conjunction with a business model which allows businesses/property owners a very easy-to-adopt solution, CCGI is positioning itself to become a major player in the domestic EV market.

Sponsorship Link

By providing charging stations to the site owner at no cost, CCGI has created a winning strategy that fuels proliferation of the technology through natural demand incentive. The site owner can share in the revenue generated by the station as well as provide patrons a value-added service.

This strategy of developing the market has huge benefits to the traditional practice of selling such units out rightly, which requires a huge capital expenditure. The charging units are manufactured by Coulomb Technologies and, through a relationship with NovaCharge, CCGI is able to also provide the state-of-the-art ChargePoint™ system which utilizes the Chargepoint™ Network.

Let us hear your thoughts: Car Charging Group, Inc. Message Board

More in Companies