The agreement requires CCG to initially install and maintain EV charging stations at eight Equity Residential locations including Cambridge, Washington, D.C, Coral Gables and Deerfield Beach in Florida, Seattle and Redmond in Washington and Los Angeles and San Diego in California.
These conveniently located charging stations will allow the residents at these locations to charge their electric vehicles or plug-in hybrids, 40 million of which are predicted to be on the road by the year 2030.
Car Charging Group CEO Michael Farkas said that Car Charging Group continues to believe that the multifamily residential market is vital to the success of the EV Industry.
"With most of Equity’s units located in high growth population areas, we are certain that its residents will find access to our charging stations to be increasingly useful as the first fleet of electric vehicles will hit American roads en mass this winter," Farkas said.
