a leader in clean electric transportation and storage technologies,
announced today achievement of a milestone in the development of plug-in
electric vehicle infrastructure, with the collection of over 24 million
miles of electric vehicle operating data since the inception of The EV
“The EV Project is paving the way for the future of plug-in electric
vehicles in America”, stated Don Karner, Chief Innovation Officer of
ECOtality, Inc. and Project Manager for The EV Project. “With over 24
million miles of data collected so far, we are gathering extremely
valuable insight into how to effectively and efficiently create an EV
infrastructure that will help make America less dependent on foreign
oil. This is just the beginning, and we look forward to continuing our
work on delivering these rich data points.”
The EV Project is currently gathering data at a rate of one-hundred
thousand miles per day. The 24 million miles recorded so far is the
equivalent to 963 trips around the world. The electric fuel equivalent
utilized by EV Project participants represents almost 1 million gallons
of gasoline conserved by the use of electric vehicles. Finally, cars in
The EV Project have eliminated approximately 8,700 metric tons of CO2
emissions from our air. This information comes from an analysis of
approximately 675,000 charge events in key EV Project markets to date.
As part of The EV Project, ECOtality will be releasing over 40 White
Papers on various topics ranging from a study of the needs of commercial
charging to regulatory issues. These white papers will be available to
the public at www.theevproject.com.
ECOtality is the project manager of The EV Project, a research
initiative to help build America’s future EV infrastructure. The project
will study EV infrastructure to support the deployment of EVs in key
markets, by collecting and analyzing data from vehicles and chargers.
The project is a public-private partnership, funded in part by the U.S.
Department of Energy through a federal stimulus grant and made possible
by the American Recovery and Reinvestment Act (ARRA). For more
information about The EV Project, please visit www.theevproject.com.
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
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 forward-looking statements.