US: ECOtality reports first profitable quarter

The US EV charging infrastructure firm has reported financial results for the first quarter ended 31 March 2012. Revenue increased 215% to a record US$13.7m, from US$4.3m in the same quarter of FY 2011. The increase was largely attributed to the continued roll out of network infrastructure for the EV Subscribe to Automotive World to … Continued

• By Webmaster
• May 28, 2012