Coulomb Technologies Announces Expansion Into Europe, Asia and Africa
By Greg Johnson March 23, 2009
Coulomb Technologies
, a Campbell, California-based electric vehicle infrastructure company, on Monday said it had opened a Berlin-based office that will serve Europe, the Middle East and Africa.
Coulomb will be represented overseas by 365 Energy Group, a venture with Germany's Estag Capital AG, which earlier this year invested $3.75 million in Coulomb.
The new deal is important for Coulomb because so much of the electric car infrastructure development activity is occurring in Europe.
Coulomb last year began to install five charging stations in its own backyard (San Jose, which is a few miles away from its headquarters.)
The company's recharging systems are designed for installation in public spaces where drivers of plug-ins would have easy access. Once a unit goes operational, Coulombs customers would see its location on their GPS-enabled devices and navigational systems.
"We examined the marketplace and determined that Coulomb has developed the right business model and the right technology to transform our region with networked charging stations," Hong Thieu, 365 Energy Group's chief financial officer, said in a statement.
Greg Johnson, Contributor
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