ECOtality to Install EV Charging Stations at Select Walmart Stores

Published on Tuesday, 22 November 2011 08:08 Written by TradersHuddle Staff

SAN FRANCISCO-( Business Wire )-

ECOtality, a leader in clean electric transportation and storage technologies, and Walmart (NYSE: WMT) today announced they will partner to install Blink Pedestal electric vehicle (EV) charging stations at select Walmart stores in California, Oregon, and Washington for The EV Project.

"Known for its low prices and ongoing sustainability initiatives, Walmart is an ideal host for Blink EV charging stations," said Jonathan Read, CEO of ECOtality, Inc. "This partnership will enhance the customer experience for EV drivers by enabling them to charge up at Blink charging stations while enjoying low prices at Walmart’s convenient and recognizable locations."

Walmart joins a growing roster of national and regional partners who are participating in the robust data collection project. The EV Project’s goal is to collect the data which will help guide the implementation of EV infrastructure to support the next wave of EVs.

ECOtality will install Blink charging stations at over ten Walmart locations for The EV Project. Most sites will have two Blink Pedestal chargers available for EV use, with the exception of one site in Oregon which will install a Blink DC Fast Charger. The Walmart locations were selected based on the EV Micro-Climate™ process, which takes into account traffic patterns, regional attractions, transportation hubs, guidance from Walmart and input from regional partners.

The Blink Network of charging stations provides EV drivers the freedom to travel as they choose and conveniently charge at Blink commercial locations along the way. EV drivers will be able to charge at any Blink station through a variety of options including interoperable RFID cards, smartphone applications, and mobile phone and credit card-based payment options. By becoming Blink Members, consumers may also yield even greater advantages of the Blink Network, such as discounted charging rates, reservation systems, and enhanced Blink Network capabilities.

ECOtality is the project manager of The EV Project and is overseeing the installation of approximately 14,000 commercial and residential charging stations in 18 major cities and metropolitan areas in six states and the District of Columbia. The project will provide EV infrastructure to support the deployment of 8,300 EVs. The project is a public-private partnership, funded in part by the U.S. Department of Energy through a federal stimulus grant 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 visit www.ecotality.com.

About Walmart

Wal-Mart Stores, Inc. (NYSE: WMT) serves customers and members more than 200 million times per week at over 9,600 retail units under 69 different banners in 28 countries. With fiscal year 2011 sales of $419 billion, Walmart employs 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://walmartstores.com and on Twitter at http://twitter.com/walmart. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.

Forward-Looking Statements

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.

Media:Antenna Group for ECOtalityCaitlin Cieslik-Miskimen, 415-977-1922caitlin@antennagroup.comorInvestor Relations:The Blueshirt GroupMaria Riley, This e-mail address is being protected from spambots. You need JavaScript enabled to view it.