A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

USA: EV Charging Sees Investment

As more EVs (electric vehicles) hit the roads, drivers need more convenient places to recharge. Companies are interested in the potential of the charging space, and their interest is translating into investment dollars.

One EV charging provider, Car Charging Group,, recently announced it has received a $1 million investment, and it expects to receive an additional $1.5 million investment within 60 days of the initial financing. The company is headquartered in Miami with offices in California, and it provides an electric-vehicle charging service to commercial and residential property owners.

According to Car Charging Group, there are significant opportunities for EV charging in Europe, in addition to the U.S. The investment will help the company to speed up its initiatives in Europe, and investors will receive rights to 5% of Car Charging Europe, a foreign subsidiary Car Charging Group is in the process of forming.



2 comments to USA: EV Charging Sees Investment

Leave a Reply