Simon Property Group and CarCharging Unveil New Electric Vehicle Charging Services at Las Vegas Premium Outlets - North and South

New EV Charging Stations Expand Simon's Amenities, Supporting EV Drivers Across the Nation

PR Newswire

MIAMI BEACH, Fla., April 22, 2014 /PRNewswire/ -- Today, Simon Property Group, Inc. ("Simon"), a global leader in the retail real estate industry, and Car Charging Group, Inc. (CarCharging) (CCGI), a nationwide provider of electric vehicle (EV) charging services, announced the opening of EV charging stations at Las Vegas Premium Outlets – North and South. 

The EV charging stations provide 240 volts with 32 amps of power that enables electric vehicle (EV) drivers, who are shopping and visiting at either location, to recharge their electric cars. Simon is a long-time industry leader in incorporating energy management and sustainability practices into its operations. Supporting the needs of energy-conscious consumers is part of the company's sustainability strategy, as shoppers can plug in at more than 125 stations at Simon locations across the U.S.

Comprised of more than 150 stores, Las Vegas Premium Outlets - North is located two miles from the famous Strip and downtown Las Vegas Fremont at 875 South Grand Central Parkway, Las Vegas, NV 89106. The EV charging stations are inside Parking Garage (A), near reserved valet spots and across from the handicap stalls.

Las Vegas Premium Outlets – South is comprised of 140 stores and is located two miles south of the Strip and one mile from the McCarran International Airport at 7400 Las Vegas Boulevard South, Las Vegas, NV 89123. The EV charging stations are at the south end of the center in the enclosed parking area between Reebok and Polo.

"The opening of an EV charging station at both of our Las Vegas Premium Outlets locations is another way we can offer our customers unique amenities as we work hard to create the most welcoming atmosphere," said Alex Goranson, Director of Marketing. "As EV usage increases, Simon is ideally positioned to provide convenient locations all across the United States for EV owners to charge up while shopping or dining."

"As the EV market continues to grow, it is imperative that we support these drivers wherever they driver," said Michael D. Farkas, Chief Executive Officer of CarCharging.  "By partnering with Simon Property Group and providing EV charging stations at the Las Vegas Premium Outlets, we can assist local EV drivers and visitors as they shop and dine."

Simon has more than 125 EV charging stations at 40 locations around the United States with more scheduled to come on line in 2014.

About Simon Property Group
Simon Property Group, Inc. is a S&P 100 company and a global leader in the retail real estate industry.  We currently own or have an interest in more than 325 retail real estate properties in North America, Asia and Europe comprising approximately 243 million square feet. We are headquartered in Indianapolis, Indiana and employ approximately 5,500 people in the U.S.  For more information, visit simon.com.

About Car Charging Group, Inc.  
Car Charging Group, Inc. (CCGI) is a pioneer in nationwide public electric vehicle (EV) charging services, enabling EV drivers to easily recharge at locations throughout the United States. Headquartered in Miami Beach, FL with offices in San Jose, CA; New York, NY; and Phoenix, AZ; CarCharging's business model is designed to accelerate the adoption of public EV charging.

CarCharging offers various options to commercial and residential property owners for EV charging services. Our typical business model provides a comprehensive turnkey program where CarCharging owns and operates the EV charging equipment; manages the installation, maintenance, and related services; and shares a portion of the EV charging revenue with the property owner. Alternatively, property partners can share in the equipment and installation expenses with CarCharging operating and managing the EV charging stations and providing network connectivity. For properties interested purchasing and owning EV charging stations, CarCharging can also provide EV charging hardware, site recommendations, connection to the Blink Network, and management and maintenance services.

Through its subsidiary, Blink Network, CarCharging also provides residential EV charging solutions for single-family homes.  For more information, please visit www.BlinkHQ.com.

CarCharging has strategic partnerships across multiple business sectors including multi-family residential and commercial properties, parking garages, shopping malls, retail parking, and municipalities.  CarCharging's partners include, but are not limited to Walgreens, IKEA, Wal-Mart, Simon Property Group, Equity One, Equity Residential, Forest City, Cinemark USA, Fox Studios, Facebook, PayPal, Kimpton Hotels and Restaurants, Mayo Clinic, San Diego Padres, University of Pennsylvania, Ace Parking, Central/USA Parking, Icon Parking, Rapid Parking, Parking Concepts, CVS, Related Management, Pennsylvania Turnpike Commission, Pennsylvania Department of Environmental Protection, City of Phoenix (AZ), City of Philadelphia (PA), and City of Miami Beach (FL).

CarCharging is committed to creating a robust, feature-rich network for EV charging and is hardware agnostic.  CarCharging's owns the Blink network, and owns and operates EV charging equipment manufactured by Blink, Aerovironment, ChargePoint, General Electric, Nissan, and SemaConnect. CarCharging's Level II charging stations are compatible with EVs sold in the United States including the Tesla Model S, Nissan LEAF, Chevy Volt, Mitsubishi i-Miev, Toyota Prius Plug-In, Honda Fit EV, and Toyota Rav4 EV, as well as many others scheduled for release over the next few years.

For more information about CarCharging, please visit www.CarCharging.com, www.facebook.com/Car.Charging, or www.twitter.com/CarCharging.

Forward-Looking Safe Harbor Statement:
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future.  Those statements include statements regarding the intent, belief or current expectations of Car Charging Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Investor Relations and Media Contacts:

CarCharging Media Contact:

Simon Property Group Media Contact:

CarCharging Investor Relations:

Suzanne Tamargo

Emily Eidmiller

Constellation Asset Advisors

Suzanne@CarCharging.com

EEidmiller@nikecomm.com

www.ConstellationAA.com

(305) 521-0200 x 214

(646) 654-3481

(775) 771-5808

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