350Green plans to install and operate its stations in partnership with retail hosts across high-traffic urban shopping centers and other places near where Chicago-area EV drivers live and work.

The company said there will be 73 DC Fast charging stations and 207 Level 2 charging stations.

The project is valued at $8.8m, with public funding of up to $1.9m and 350Green will fund the remaining $6.9m.

Governor Quinn said that this project will encourage greater use of green transportation alternatives by making electric vehicle use more convenient and accessible in one of the most heavily traveled cities in the country.

City of Chicago mayor Richard Daley said that the City of Chicago and its Department of the Environment are helping facilitate the implementation of the project.

The development of the EV industry in Chicago will have benefits for both the environment and the economy, the company said.