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ABB invests $10M in ECOtality

Green Car Congress

Net proceeds of the $10 million equity investment from ABB will be utilized by ECOtality as working capital to support the continuing requirements of the EV Project and will provide the Company with necessary funding to meet its anticipated expansion as a leader in electric vehicle (EV) charging infrastructure.

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ECOtality Wins $2.87M in Bay Area contracts, expands EV Project to the San Francisco Bay Area

Green Car Congress

million contract from the Bay Area Air Quality Management District (Air District) to become the Project Manager of the organization’s Electric Vehicle Supply Equipment (EVSE) Deployment Program. The project is funded by the us Department of Energy through a federal stimulus grant of $114.8 ECOtality, Inc.