Electric Car Charging Service Provider Expands Availability of EV Charging Stations in New York to Support Governor Cuomo's Charge NY Initiative

MIAMI BEACH, FL--Jan. 16, 2014: Beam Charging, a wholly owned subsidiary of Car Charging Group, Inc. (OTCQB: CCGI), plans to install 21 electric vehicle (EV) charging stations at public parking garages and lots, including shopping malls in upper Manhattan, Brooklyn and Long Island. The company received an award of $300,000 from the New York State Energy Research and Development Authority (NYSERDA) under Governor Cuomo's Charge NY initiative.

Governor Cuomo's Charge NY initiative calls for the continued growth in installations of EV stations around the state.

"We are excited to support Governor Cuomo, the Charge NY initiative, and NYSERDA in expanding the infrastructure necessary for charging electric cars throughout New York," said Michael D. Farkas, Chief Executive Officer of CarCharging. "Since our inception, we have diligently worked on developing the EV charging infrastructure in New York and we believe that the Governor's plans to reform regulations to facilitate EV charging and utility rate incentives will further promote the adoption of EVs."

"Under Governor Cuomo's leadership, New York is continuing to make a significant investment in the infrastructure needed to promote the growth of energy-efficient electric vehicles," said John B. Rhodes, President and CEO, NYSERDA. "NYSERDA's partnership with Beam Charging is one more step the state is taking to reduce its reliance on fossil fuels while helping to protect the environment and create more sustainable communities throughout New York."

Beam Charging utilizes EV charging stations known as Level II, which provide 240 volts with 32 amps of power to quickly recharge an electric vehicle's battery. EV drivers can easily request a card online at Car Charging, and attach the card to their keychain to initiate use and payment at any Beam Charging station. All of the stations managed by Beam Charging also accept payment via credit card.

Users can pinpoint all of Beam Charging's EV charging station locations, including those installed as a result of the NYSERDA award, on the locations map at Car Charging. Additional stations can also be found at BlinkNetwork.