Edmunds` GreenCarAdvisor.com Presents Awards to Coulomb Technologies and Better Place

* Reuters is not responsible for the content in this press release.

Thu Apr 22, 2010 12:33pm EDT

SANTA MONICA, Calif.--(Business Wire)--
Edmunds.com, the premier online resource for automotive information, today
announced that the co-winners of the first annual Edmunds.com Green Car
Breakthrough Award are Coulomb Technologies, Inc. and Better Place. 

"These winners were selected for advancing the eventual deployment and
acceptance of electric-drive vehicles through their aggressive push to develop
networks of battery charging stations in the U.S. and abroad," commented
Edmunds` GreenCarAdvisor.com Senior Editor John O`Dell. 

Coulomb Technologies has become a premier provider of public charging stations
worldwide with their ChargePoint Networked Charging Stations for electric
vehicles. Coulomb`s ChargePoint Network, is open to all drivers of plug-in
vehicles and provides authentication, management, and real-time control for the
networked electric vehicle charging stations. The company has more than 120
customers and is now selling charging stations to corporations and
municipalities such as Element Hotels, Reliant Energy, and the City of
Amsterdam. Coulomb has also worked closely with federal, state and local
government officials and utility companies to promote policies that will make it
easier for private and public providers to afford, install and operate publicly
available EV charging systems. 

"Coulomb`s executives, led by co-founder and CEO Richard Lowenthal, are tireless
advocates for publicly available charging, and we desperately need such
effective advocates if we are to reduce global oil use for transportation in a
meaningful way," noted O`Dell. 

Equally worthy of such praise is Better Place, an organization that has achieved
remarkable early success in pursuing its goal of establishing swappable
batteries and battery exchange stations as an industry standard. 

"Better Place founder and CEO Shai Agassi continues building his case and early
this year provided a solid demonstration of the company's viability by
announcing the successful completion of a $350 million private fundraising
effort - one of the largest ever in the so-called green automotive world - led
by London's HSBC," said O`Dell. 

The Edmunds.com Green Car Breakthrough Award is provided annually to a vehicle,
technology or program that sets new standards in fuel efficiency, emissions
reduction and/or sustainability, or that stands out for promoting public use and
acceptance of such a vehicle or technology. 

This year`s runners-up are:

* Ford Motor Co. for its overall suite of green initiatives, including the
development of the fuel efficient line of 4- and 6-cylinder EcoBoost engines,
the launch of the Fusion hybrid and fuel efficient Transit Connect commercial
van, industry-leading efforts to improve overall fleet fuel efficiency,
increasing development and use of bio-plastics and other renewable materials in
its vehicles, and the recent decision - despite a still weak economy - to pump
$450 million into further electric vehicle R&D 
* General Motors Corp.'s Voltec extended-range plug-in hybrid technology, which
will debut late this year in the 2011 Chevrolet Volt
* Nissan Motor Corp. and its upcoming 2011 Nissan Leaf EV, the first modern
mass-produced battery-electric vehicle, which goes into production later this
year

About Edmunds.com, Inc. (http://www.edmunds.com/help/about/index.html) 

Edmunds.com Inc. publishes four Web sites that empower, engage and educate
automotive consumers, enthusiasts and insiders. Edmunds.com, the premier online
resource for automotive information, launched in 1995 as the first automotive
information Web site. Its mobile site, accessible from any smartphone at
www.edmunds.com, makes car pricing and other research tools available for car
shoppers at dealerships and otherwise on the go. InsideLine.com is the most-read
automotive enthusiast Web site. Its mobile site, accessible from any smartphone
at www.insideline.com, features the wireless Web`s highest quality car photos
and videos. CarSpace is the most established automotive social networking Web
site. AutoObserver.com provides insightful automotive industry commentary and
analysis. Edmunds.com Inc. is headquartered in Santa Monica, California, and
maintains a satellite office in suburban Detroit. Follow Edmunds.com on Twitter
@edmunds and fan Edmunds.com on Facebook at http://www.facebook.com/edmunds.

Edmunds.com Corporate Communications
Jeannine Fallon/Chintan Talati
Media Hotline: 310-309-4900
pr@edmunds.com
www.edmunds.com

Copyright Business Wire 2010

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