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CarCharging Continues to Operate the EV Charging Stations Included in the "EV Project", The Largest Deployment of Electric Vehicle Charging Infrastructure in History

charging station

MIAMI BEACH, FL--Jan. 14, 2014: Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging"), a nationwide provider of electric vehicle (EV) charging services, announced that the company will continue to operate the EV Project's charging stations while the company collaborates with the Department of Energy ("DoE") to transfer its grant supporting the EV Project to CarCharging. The charging stations were acquired under an asset purchase agreement in October 2013 by Blink Acquisition, LLC, a wholly-owned subsidiary of CarCharging. The DoE has extended the term of its grant until April 30, 2014, to allow the DoE and CarCharging to continue work on the transference of the grant.