Sunday, August 21, 2011

The Race to Lock Down Electric Car Charging Real Estate

The Race to Lock Down Electric Car Charging Real Estate:

Mall of America from above

The Mall of America, in Bloomington, Minn., is the country's largest mall in terms of retail space—and has nearly 15,000 parking spaces. Today, four of those spots provide EV charging. Car Charging Group is prepared to add a lot more charging spots when electric cars become popular.

How do you know that electric car charging is hitting the mainstream? Because high-profile places like Walgreens and Mall of America are installing EV charging units. These locations are taking an intriguing approach to EV charging infrastructure: outsourcing.

Instead of buying and operating electric car equipment, property owners hand over parking spaces to companies that own and operate all the equipment and services. The drugstore chain is working with Car Charging Group, 350Green, and NRG Energy to handle EV charging services—including setting and collecting fees—for 800 spots.

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