CBL & Associates Properties Inc. (NYSE: CBL) today announced the launch
of a partnership with Tesla Motors, Inc. (NASDAQ: TSLA) to install Tesla
Supercharging stations at several CBL Malls across the country. Tesla is
building a network of Supercharging stations that will eventually enable
Tesla owners to drive coast to coast in their electric vehicles. The
initial cooperation will place Tesla Superchargers at five CBL Malls to
include Gulf Coast Town Center in Fort Myers, FL; The Pavilion at Port
Orange in Port Orange, FL; Alamance Crossing in Burlington, NC;
CherryVale Mall in Rockford, IL and Imperial Valley in El Centro, CA.
Tesla Superchargers allow Tesla owners to travel for free between cities
along well-traveled highways in North America. Superchargers provide
half a charge in about 20 minutes and are strategically placed to allow
owners to drive from station to station with minimal stops. By the end
of the summer, Tesla will have two dozen stations to support
long-distance driving along the most popular routes in North America and
where customers want to stop, such as cafes, restaurants, and shopping
areas. By the end of the year, Model S drivers will be able to travel
coast to coast for free charging along the Supercharging network.
“CBL is pleased to be one of the first national mall developers to enter
into a long-term partnership with Tesla. We are very excited to bring
this amenity to our customers and the surrounding community,” said Jim
Ward, Vice President of Brand Development for CBL. “We are confident
that Tesla owners will appreciate the convenience of charging their
vehicles at our well-located shopping centers that serve as the hub for
shopping, dining, and entertainment in their communities.”
“We have been working hard to bring in new charging stations
across the U.S. to give our customers more opportunities to travel in
their Tesla vehicles,” said Mateo Jaramillo, director of powertrain
business development. “With this partnership, CBL is helping to enable
free long-distance travel along heavily traveled routes in Florida,
North Carolina, Illinois, and California, while helping to enable the
transition to electric mobility.”
About Tesla Motors Inc.
Tesla Motors’ (NASDAQ: TSLA) goal is to accelerate the world’s
transition to electric mobility with a full range of increasingly
affordable electric cars. California-based Tesla designs and
manufactures EVs, as well as EV powertrain components for partners such
as Toyota and Daimler. Tesla has delivered more than 10,000 electric
vehicles to customers in 31 countries.
About CBL & Associates Properties, Inc.
CBL is one of the largest and most active owners and developers of malls
and shopping centers in the United States. CBL owns, holds interests in
or manages 158 properties, including 96 regional malls/open-air centers.
The properties are located in 31 states and total 92.7 million square
feet including 10.5 million square feet of non-owned shopping centers
managed for third parties. Headquartered in Chattanooga, TN, CBL has
regional offices in Boston (Waltham), MA, Dallas (Irving), TX, and St.
Louis, MO. Additional information can be found at cblproperties.com.
Copyright Business Wire 2013