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USA: 350Green Acquisition Shows Path of Public EV Charging Industry

CarCharging Group announced yesterday it has plans to acquire 350Green LLC, a rival public charge provider with roughly 600 stations spread across 20 markets. Together the networks would combine to create the largest public charging network in the United States, with more than 1,000 total stations encompassing most major domestic plug-in vehicle markets.

The two companies have found their greatest success in forming private partnerships with properties ranging from malls, to apartment complexes, to pharmacies. Both companies have agreements with Walgreen’s to provide charging for of the drug and retail chain, which announced plans last year to install public stations at 800 of its locations nationwide.

“This partnership will be highly advantageous to the EV charging industry and will contribute significantly to the overall growth of the market,” said 350Green CEO Mariana Gerzanych, in a prepared statement.


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