SAN FRANCISCO, Oct. 3, 2012 (GLOBE NEWSWIRE) — ECOtality, Inc. (Nasdaq:ECTY), a leader in clean electric transportation and storage technologies, announced today it has surpassed one million EV residential charge events on its Blink Chargers.
ECOtality is the first in the industry to reach this milestone.
“Through the data recorded on Blink chargers for The EV Project, we have clearly demonstrated the viability of this marketplace. We have also demonstrated continued growth of EV’s across the nation,” said Ravi Brar, CEO of ECOtality, Inc. “Recording more than 1 million charge events. For it is not only an iconic milestone for ECOtality, The EV Project and the industry. Finally, it is also proof that EVs are here to stay.”
Blink has also achieved another key milestone. For that’s 40 million miles of driver data recorded. Moreover, 1.7 million gallons of gas saved. This number is up from the 880,000 charge events reported in the 2nd Quarter data ending June 30, 2012. Data collected through The EV Project is presented on a quarterly basis and can be found here:
Finally, ECOtality is the project manager of The EV Project. For it’s a research initiative to help build America’s future EV infrastructure. To date, The EV Project has gathered more than 40 million miles of EV driver data. All that will serve to support the deployment of EVs in key markets. The project is also a public-private partnership. It is also funded in part by the U.S. Department of Energy. For that’s through a federal stimulus grant. In addition and made possible by the American Recovery and Reinvestment Act (ARRA). For more information about The EV Project, please visit http://www.theevproject.com
Source: ECOtality, Inc. www.ecotality.com.