In reading various reports and publications related to electric cars and the car charging industry one of the key market indicators of market confidence in an industry is the success of companies penetrating an industry market and the investment a company receives.
Car Charging Group Inc, trading as CCGI on the OTCBB is such company. It has over the course of this past year signed major deals for car charging stations with notable companies such as LAZ Parking and more recently Icon Parking Systems. Both companies command a large share in the management of the major parking spaces in NYC and throughout the USA.
Additionally, as proof of a company’s standing and industry acceptance, Car Charging Group Inc, recently reported in their filings a raise of $1,213,500.
As the Industry will begin to mature in the coming years, those companies such as Car Charging Group Inc, that have established themselves in the market will stand to be the major industry players and the investors that had invested early on will reap the benefits.
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