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CarCharging and Downtown Memphis Commission Reach Agreement on Continued Operation of Blink Electric Vehicle Chargers

Car Charging Group, Inc. (OTCQB: CCGI) (“CarCharging”), the largest owner, operator, and provider of electric vehicle (EV) charging services, today announced that it has finalized an agreement with the Downtown Memphis Commission in Memphis, Tennessee, for the operation and maintenance of 12 Blink Level 2 EV chargers. As a part of this agreement, CarCharging will own and operate the Blink EV charging stations in the commission’s garages on Gayoso Avenue, N. Front Street, Peabody Place, and Washington Avenue.

“We are pleased to work with CarCharging to maintain and operate the Blink EV chargers in downtown Memphis,” said Jerome Rubin, Vice President of Operations. “Not only are the Blink EV charging stations a key part of our efforts to continue to make Memphis into a cleaner, greener metropolitan area, but we look forward to installing additional chargers in the future in order to encourage electric vehicle ownership and therefore, reducing overall emissions.”

“Memphis is another important geographic area that has committed to cleaner air by providing Blink EV charging stations to serve the growing number of EV owners,” said Michael D. Farkas, CarCharging’s Founder and Chief Executive Officer. “We are grateful to cities like Memphis that partner with us as we continue to improve and expand the Blink Network.”

Blink Level 2 chargers are able to rapidly recharge electric cars, and accept payment with the Blink InCard or major credit card via the Blink mobile application, Blink Network website, or Blink customer support center. Blink’s InCard provides drivers with discounted charging fees for charging stations on the Blink Network, the software that operates, monitors, and tracks the Blink stations and all of its charging data. Drivers can pinpoint Blink EV charging station locations and initiate charging sessions on the Blink mobile application, or locate stations and request Blink’s InCard at www.BlinkNetwork.com.

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