April 28, 2010 (FinancialWire) — Car Charging Group, Inc. (OTCBB: CCGI) has formed CCG Energy LLC for the purpose of applying to become a reseller of electricity.

Once licensed and approved by the appropriate state and federal regulatory agencies, CCG Energy will benefit Car Charging Group by providing the company with more flexibility in the way it powers its growing system of electric car charging stations.

"We believe the market for charging stations will grow exponentially as automakers answer increasing consumer demand for greener cars by manufacturing new electric car models such as the Nissan Leaf, GM Chevy Volt, and Tesla Model S," said Andy Kinard, president of Car Charging Group, Inc.

CCG Energy will augment Car Charging's ability to install, own and service EV charging stations, Kinard said.

CCG Energy will also allow the company to continue to promote and provide customers with cleaner energy alternatives while also developing a solid operational infrastructure in preparation of the launch of electric vehicles.

Car Charging Group, Inc. is an owner and provider of electric vehicle charging stations with the mission to build-out a nationwide infrastructure, enabling EV and PHEV owners to charge their EVs anytime, anywhere.

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