April 24, 2015
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 digital 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

Chipola Feather Fest Preview
Chipola Feather Fest Preview

Between April 24-26 the Great Florida Birding & Wildlife Trail festival will take place in the Chipola area of the Florida Panhandle. See what the birders are looking for.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

About the Everglades, we should...

  • Increase efforts toward restoration, esp. in light of rising sea level
  • Status quo - keep trying to fix it, as we have been
  • Get realistic. We will never restore it with millions living in South Florida.

See Results

Ballot Box
Subscribe