1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Simon to Install Ultra-Fast Electric Vehicle Chargers at more than 30 Shopping Centers

May 21, 2018 | About:

Consumers able to enjoy convenience of charging their electric vehicles while shopping as industry leader teams up with Electrify America

PR Newswire

INDIANAPOLIS, May 21, 2018 /PRNewswire/ -- Simon, a global leader in premier shopping, dining, entertainment and mixed-use destinations, announced today it is teaming up with Electrify America to install electric vehicle charging stations at more than 30 Simon centers throughout the U.S. All of Simon's domestic platforms - Malls, The Mills,™ and Premium Outlets,™ – will participate.

Simon (PRNewsfoto/Simon)

"Simon is committed to providing convenient amenities for our customers," said Mona Benisi, Simon's Vice President of Corporate Sustainability. "Having been one of the first retail property owners in the U.S. to offer customer EV charging stations, we understand the importance of this infrastructure to facilitate the transition towards smart sustainable cities and advancing Simon's corporate sustainability ambitions."

"Simon operates some of the most popular shopping destinations in the U.S.," said Brendan Jones, Chief Operating Officer, of Electrify America. "EV owners are driving the future in personal transportation, and having Electrify America's state-of-the-art charging stations will serve Simon's customers of today, and tomorrow, by providing the latest technology available."

The first installation will open in early June at Gulfport Premium Outlets in Gulfport, Mississippi. Simon, Electrify America, and Mississippi Power will hold a 'First Charging Ceremony' at the property. Other notable Simon locations that will receive Electrify America charging stations include King of Prussia (Philadelphia, PA), San Francisco Premium Outlets (San Francisco, CA), Del Amo Fashion Center (Los Angeles, CA), Ontario Mills (Ontario, CA), Santa Rosa Plaza (Santa Rosa, CA), Florida Mall (Orlando, FL) and South Shore Plaza (Braintree, MA).

The Electrify America charging systems will offer the first-ever certified cooled-cable 150 to 350 kilowatt (kW) DC Fast Chargers delivering energy for up to 20 miles of range per minute, which is seven times faster than today's 50kW DC chargers.

At the Simon locations near major highways, Electrify America's chargers will have a range in power from 50kW up to 350kW. Other Simon facilities will offer a range of power from 50kW to 150kW, as well as an L2 AC charger to accommodate plug-in hybrids and non-DC-charge capable EVs at most locations.

About Simon Property Group
Simon is a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE:SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales. For more information, visit www.simon.com

About Electrify America
Electrify America LLC, which is headquartered in Reston, Virginia, will invest $2 billion over 10 years in Zero Emission Vehicle (ZEV) infrastructure, education and access. The investment will enable millions of Americans to discover the benefits of electric driving and support the build-out of a nationwide network of workplace, community and highway chargers that are convenient and reliable. For more information and to view the national and California ZEV investment plans, visit www.electrifyamerica.com.

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/simon-to-install-ultra-fast-electric-vehicle-chargers-at-more-than-30-shopping-centers-300652194.html


Rating: 0.0/5 (0 votes)


Please leave your comment:

Performances of the stocks mentioned by PRNewswire

User Generated Screeners

pbarker46Next earnings date
declan.mccaffreyInsiders Buying >$200k
declan.mccaffreyInsiders Buying >$500k
cirrosTOP PM
slbrail87Unicorn Hunter v2
jrpasinskiLong Put Option Screen
cauleyMidMarket US
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat