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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 ...

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 …

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