SEATTLE--(BUSINESS WIRE)-- ECOtality (NASDAQ: ECTY), a leader in clean electric transportation and storage technologies, today announced that Vulcan Real Estate has joined The EV Project, a national program for the deployment of electric vehicle (EV) charging infrastructure. As part of this agreement, Vulcan has installed 24 BlinkR EV Pedestal charging stations in eight South Lake Union commercial and residential buildings owned by Vulcan Inc.
“ECOtality is committed to providing clean energy solutions and installing electric vehicle infrastructure in communities like South Lake Union,” said Jonathan Read, CEO of ECOtality. “South Lake Union is a forward-thinking neighborhood with many early adopters currently driving electric vehicles. We are thrilled to be bringing our Blink chargers to locations where people normally visit in South Lake Union.”
The South Lake Union charging stations will be available to the public, and are located at the following buildings: Westlake/Terry Building, 2200 Westlake, and 2201 Westlake each host three Blink Pedestal chargers, Alley24 has four chargers, and Amazon headquarter campus has installed 11 Chargers. In addition, two charging stations will be installed at the Discovery Center in the coming months.
“We are proud that South Lake Union is one of the greenest neighborhoods in the country and these charging stations are a reflection of the area’s longstanding commitment to sustainability,” said Ada M. Healey, vice president of real estate at Vulcan Inc. “South Lake Union now has more electric vehicle (EV) charging stations than any other neighborhood in the Pacific Northwest and one of the highest concentrations of EV charging stations in the country.”
The Blink Network of charging stations provides all EV drivers the freedom to travel wherever they choose and charge at commercial locations conveniently identified along the way. Blink charging stations utilize an industry standard connector and can be used by any EV on the market and coming to market, including Ford Focus, Tesla, Nissan LEAF, and the Chevy Volt, among others.
ECOtality’s Blink Pedestal chargers are Level 2 (240 V) chargers that incorporate smart elements of design to provide intelligent, user-friendly features that intuitively and safely charge EVs. ECOtality will deploy approximately 14,000 chargers in 18 major cities and metropolitan areas around the country (with around 1,000 standard public charging stations to be installed in the Puget Sound and Olympia region).
About Vulcan Real Estate
Vulcan Real Estate directs all real estate activities for Vulcan Inc., a Paul G. Allen company. The company’s experienced, talented team of real estate professionals offers a full range of development services from site selection to build-to-suit construction. Its real estate model is based on quality, sustainable development that builds new value across the entire community. To date, Vulcan has delivered nearly 4.3 million square feet in 21 new office, biotech, residential and mixed-use projects in South Lake Union. The company has approximately 500,000 square feet currently under construction and/or planned for delivery by 2013. For more information, visit www.vulcanrealestate.com.
About The EV Project
ECOtality is the project manager of The EV Project and will oversee the installation of approximately 14,000 commercial and residential charging stations in 18 major cities and metropolitan areas in six states and the District of Columbia. The project will provide an EV infrastructure to support the deployment of 8,300 EVs. The project is funded by the U.S. Department of Energy through a federal stimulus grant, made possible by the American Recovery and Reinvestment Act (ARRA).
The EV Project will collect and analyze data on vehicle use in diverse topographic and climatic conditions; evaluate the effectiveness of charge systems; and conduct trials of various revenue systems for commercial and public charge infrastructures to enable the streamlined deployment of future electric vehicle charging stations.
About ECOtality
ECOtality, Inc. (NASDAQ:ECTY - News), headquartered in San Francisco, California, is a leader in clean electric transportation and storage technologies. Through innovation, acquisitions, and strategic partnerships, ECOtality accelerates the market applicability of advanced electric technologies to replace carbon-based fuels. For more information about ECOtality, Inc., please visit www.ecotality.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
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