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Ecotality Inc

Ecotality, Inc. (ECTYQ) was a company focused on clean electric transportation and storage technologies. The company operated through two main segments: Electric Vehicle (EV) Infrastructure and Energy Management Systems.

The EV Infrastructure segment provided solutions for the development of electric charging station networks, including Blink-branded EV charging equipment and the Blink Network, a cloud-based platform for the remote management of charging stations. The Energy Management Systems segment offered energy management and demand response systems for commercial and industrial customers, allowing them to control and reduce their energy consumption and costs.

In terms of financials, Ecotality, Inc. reported revenues of $8.5 million in 2011, an increase of 72% from the previous year. However, the company experienced significant losses, with a net loss of $19.2 million in 2011 and $39.7 million in 2010.

Regarding growth, the company had ambitious plans for expanding its EV charging network and energy management systems. However, these plans were hindered by financial difficulties and regulatory challenges. In 2013, Ecotality filed for Chapter 11 bankruptcy protection and eventually ceased operations.

Therefore, investors should be cautious when considering investments in companies with a history of significant losses and financial instability. It is essential to thoroughly research a company's financials, growth prospects, and management before making investment decisions.