November 26, 2014
Car Charging Group

Photo: Moris Moreno / Fountainebleu Miami Beach

Miami-Dade Business Profile

Car Charging Group

| 7/17/2013

Although south Florida is hardly a hotbed of alternative-fuel vehicles, the largest public network of electric vehicle charging stations is based in Miami Beach. Car Charging Group, a publicly traded company founded in 2009, earned the mantle after acquiring three other companies this year. It now has more than 1,100 “charging points” around the country.

Car Charging doesn’t build the charging stations or supply the electricity. Instead, it signs contracts with property owners, such as malls and apartment complexes, to place charging stations in their parking lots. It then shares the revenue from electric vehicle “fill-ups” with the property owner. It has contracts with more than 85 firms, including Simon Properties and Walgreens.

In 2012, Car Charging had revenue of $258,000 and a loss of $5.3 million. Currently, it’s trying to line up other high-traffic locations, setting itself up for when there are more electric cars on the road than the 54,000 that a 2012 “CBS News” report estimated.

Tags: Miami-Dade, Energy & Utilities, Environment

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

What your doctor won’t disclose
What your doctor won’t disclose

Wouldn’t you want to know if your doctor was a paid spokesman for a drug company? Or held personal beliefs incompatible with the treatment you want? Right now, in the US at least, your doctor simply doesn’t have to tell you about that. 

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

What's your favorite thing about the Thanksgiving break?

  • Spending time with family & friends
  • Shopping & deals
  • Eating!!
  • Watching sports
  • What break? I'm busy working!

See Results

Ballot Box
Subscribe