ECOtality and ChargePoint Establish Interoperability Company, Collaboratev,
Collaboratev Provides Drivers Access to EV Charging Stations on Any Affiliated
SAN FRANCISCO and CAMPBELL, Calif., March 7, 2013 (GLOBE NEWSWIRE) --
ChargePoint, Inc. and ECOtality, Inc. (Nasdaq:ECTY) announced today the
formation of Collaboratev, LLC. Collaboratev will enable charging network
interoperability, exchange session data and allow financial billing
reconciliation services among electric vehicle charging networks. The new
company will actively encourage other charging network providers to join as
affiliates and enable EV drivers throughout the United States to seamlessly
charge among all affiliated charging networks. ChargePoint and ECOtality will
connect the ChargePoint and Blink networks to Collaboratev later this year.
Collaboratev's objectives include:
*Provide EV drivers with easy access to participating charging stations
using common authentication credentials
*Enable one bill for all charging usage
*Accurately provide aggregated EV charging station location data
*Utilize open national interoperability standards
"Interoperability for EV drivers is another milestone in the widespread
adoption of electric vehicles," said Pat Romano, president and CEO of
ChargePoint, Inc. "Collaboratev will give EV drivers access to all stations,
locations, availability and mapping features in the public domain."
"This is a clear sign of market maturation by establishing a seamless process
for EV drivers to charge across networks," stated Ravi Brar, CEO of ECOtality.
"As industry leaders, we want to ensure we are always putting the needs of our
customers first. We are fostering an open ecosystem and invite others to join
us in making it easy for EV drivers nationwide to get the charge they need
whenever and wherever they are."
"The creation of a vendor agnostic payment processing and authentication
system for EV charging would alleviate consumer concern of being tied to one
charging network and would therefore make electric vehicles more attractive to
mainstream vehicle buyers," said John Gartner, research director of smart
transportation at Pike Research.
For more information regarding this joint venture, please visit
ChargePoint is the largest online network of independently owned EV charging
stations operating in 14 countries. ChargePoint provides everything an EV
station owner needs to deliver turnkey electric vehicle charging services in
their parking lots. For drivers, ChargePoint provides state-of-the-art
features including the ability to locate, reserve and navigate to unoccupied
charging stations with online tools and mobile applications. ChargePoint
locations may be found online and are included on the free ChargePoint mobile
applications for iPhone and Android. The ChargePoint network is open to all
charging station manufacturers.
About ECOtality, Inc.
ECOtality, Inc. (Nasdaq:ECTY), 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
The Collaboratev logo is available at
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
CONTACT: ECOtality Media:
ECOtality Investor Relations:
Ronald A. Both
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