This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

ECOtality And Sears Expand Relationship, Unveil Electric Vehicle Chargers In Tennessee And Arizona

SAN FRANCISCO and HOFFMAN ESTATES, Ill., Jan. 29, 2013 (GLOBE NEWSWIRE) -- ECOtality, Inc., a leader in clean electric transportation and storage technologies (Nasdaq:ECTY), and Sears Holdings (Nasdaq:SHLD) recently expanded their relationship and also unveiled the first Blink® Direct Current (DC) Fast Charger stations at several Sears stores in Tennessee and Arizona. These stations enable Sears customers to charge an electric vehicle battery up to 80 percent capacity in less than 30 minutes — the fastest charge rate currently available.

"Our relationship with Sears will benefit businesses and communities alike," said Ravi Brar, CEO of ECOtality. "By continuing to install Blink charging stations at new locations, Sears shows its commitment to clean energy with the added benefit of attracting an upscale and loyal consumer that research shows spends more time in store than the average customer. We are delighted to work with such an iconic brand."

As part of The EV Project, ECOtality worked closely with Sears during the site selection process, evaluating key factors such as store traffic, EV density and availability of the unique DC stations. Currently, five fast charging sites have been installed and there is continued effort to expand opportunities further. In addition to the fast chargers, Sears Holdings has implemented level 2 charging stations at 12 additional Sears stores. With these in place, the company exceeded 2,000 hours of connection time by customers and associates.

"Sears Holdings is proud to do our part in driving clean energy and we look forward to continuing our work with ECOtality," said Rajan Penkar, Senior Vice President and President, Supply Chain, for Sears Holdings. "We are delighted to see that the EV Charging stations are already offering a valuable service to our customers, communities and associates, and we are excited to see how many hours charging we can achieve in 2013."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,106.31 +9.41 0.05%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs