Car Charging Group (CCGI)

Quick Update on CCGI – Car Charging Group
I was very impressed with my meeting this weekend in New York with the management team at Car Charging Group (CCGI) – Appears Company is well ahead of schedule in ramping up to production levels. Dynamic has now changed in the Electric Vehicle (EV) space.

We recently met with the management team of Car Charging Group, Inc. (CCGI).  We really like this business model as a play on the development of Electric Vehicles (EV).    We have assembled a comprehensive report on the Company, which is provided below and within other sections of the blog.  We expect the hear a lot [...]

Car Charging Group, Inc. (“CCGI” or the “Company”) is a developer of electric car charging station networks with the mission to build-out a nationwide infrastructure, enabling vehicle owners to charge their electric cars anytime, anywhere.  As part of its strategy, the Company owns, provides, installs and maintains electric vehicle car charging units and works with [...]

The Company’s product line consists of the CT1000, CT2000 and CT2100 families of the ChargePointTM Networked Charging Stations, manufactured by Coulomb Technologies and specifically designed for the North American vehicle market.  Thus, CCGI sources its charging station units from one of the world’s foremost renowned manufacturers and providers of leading, sophisticated technologies of “smart” charging [...]

The Company’s main focus is to own the ultimate end point where the end user is going to charge their car.  Car Charging Group will provide and install car charging stations at public and private locations at no cost to the premise owner host.  CCGI’s business model is based on negotiated revenue sharing agreements in [...]

Non-Renewable
Fossil fuels such as coal, oil and natural gas are both finite in quantity and represent a non-renewable source of energy because they take millions of years to form and reserves are being depleted much faster than new ones are being formed, raising concerns about world energy supplies and costs in the years and decades [...]

The need for electric vehicle recharging stations is driven directly by the growth of the electric vehicle industry and the widespread uptake of these vehicles by consumers.
As electric vehicles becoming increasingly pervasive on the roads, the need to establish abundant, convenient charging station networks throughout the transportation infrastructure is critical to keeping these vehicles operational [...]