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CarCharging Grows By Thousands Of Percents, But Still Reports A Loss Of $24 Million in 2013

Car Charging Group, Inc., which is a nationwide owner, operator, and provider of electric vehicle charging services, in its latest financial report indicated huge growth in almost every area – all thanks to the acquisition of ECOtality together with Blink network (alongside 350Green, Beam Charging, and EVPass).

Just look at some of the highlights:

– The installed base of charging stations grew from 157 to 14,031, which represents an increase of over 8,837%.
– The net EV Charging service fees for the year grew nearly 1,860% from $16,743 to $327,971 with current monthly gross revenues of $95,797.
– Monthly kilowatt-hour (kWh) charging output grew from 2,492 to 374,188, which represents an increase of 14,916%.
– Inventory increased by over 3,745%with 2,423 EV charging stations held at the end of 2013 versus 63 at the end of 2012.


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