<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C.&nbsp;20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM&nbsp;8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Pursuant to Section&nbsp;13 or 15(d)&nbsp;of
the Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Date of Report (Date of earliest event reported):<B>&nbsp;&nbsp;March
13, 2012</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ECOTALITY, INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of Registrant as specified in
its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 33%; text-autospace: none; font-weight: bold; text-align: center">Nevada</TD>
    <TD STYLE="width: 34%; text-autospace: none; font-weight: bold; text-align: center">000-50983</TD>
    <TD STYLE="width: 33%; text-autospace: none; font-weight: bold; text-align: center">68-0515422</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; text-align: center">(State or Other Jurisdiction of Incorporation)</TD>
    <TD STYLE="text-autospace: none; text-align: center">(Commission File Number)</TD>
    <TD STYLE="text-autospace: none; text-align: center">(IRS Employer Identification No.)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; text-autospace: none; font-weight: bold; text-align: center">One Montgomery Street, Suite 2525</TD>
    <TD STYLE="width: 50%; text-autospace: none">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; font-weight: bold; text-align: center">San Francisco, CA</TD>
    <TD STYLE="text-autospace: none; font-weight: bold; text-align: center">94104</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-autospace: none; text-align: center">(Address of Principal Executive Offices)</TD>
    <TD STYLE="text-autospace: none; text-align: center">(Zip Code)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Registrant&rsquo;s telephone number, including
area code:<B> (415) 992-3000</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Four Embarcadero Center, Suite 3720</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>San Francisco, CA 94111&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Former Name or Former Address, if Changed
Since Last Report)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Check the appropriate box below if the Form&nbsp;8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; text-autospace: none; font-family: Wingdings">o</TD>
    <TD STYLE="width: 96%; text-autospace: none">Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; text-autospace: none; font-family: Wingdings">o</TD>
    <TD STYLE="width: 96%; text-autospace: none">Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; text-autospace: none; font-family: Wingdings">o</TD>
    <TD STYLE="width: 96%; text-autospace: none">Pre-commencement communications pursuant to Rule&nbsp;14d-2(b)&nbsp;under the Exchange Act (17 CFR 240.14d-2(b))</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; text-autospace: none; font-family: Wingdings">o</TD>
    <TD STYLE="width: 96%; text-autospace: none">Pre-commencement communications pursuant to Rule&nbsp;13e-4(c)&nbsp;under the Exchange Act (17 CFR 240.13e-4(c))</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;<B>&nbsp;</B></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font-size: 10pt"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/10.35pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="letter-spacing: -0.1pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/10.35pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 1.01. Entry into a Material Definitive Agreement.</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">On March 13, 2012, ECOtality, Inc. (the &ldquo;Company&rdquo;)
entered into the following material definitive agreements:</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-variant: small-caps"><B>Private Placement
Agreements</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-variant: small-caps"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Convertible Note Purchase Agreement</I></B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">The Company and ABB Technology Ventures Ltd (the &ldquo;Investor&rdquo;)
entered into a Convertible Note Purchase Agreement (the &ldquo;Convertible Note Purchase Agreement&rdquo;), pursuant to which
the Company agreed to issue and sell, and the Investor agreed to purchase, $5,000,000 in aggregate principal amount of a 5.05%
Unsecured Convertible Note due 2015 (the &ldquo;Note&rdquo;). The Convertible Note Purchase Agreement contains customary representations,
warranties and agreements by the Company. In addition, the Company has agreed to indemnify the Investor against certain liabilities,
including liabilities under the Securities Act, or to contribute to payments the Investor may be required to make in respect of
those liabilities.</P>



<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B><I>5.05% Unsecured Convertible Note Due 2015</I></B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">The Company issued, and completed the sale to the Investor
of, the Note. The Note matures on March 13, 2015 and bears interest at a rate of 5.05% per annum, payable quarterly in arrears
in cash on the final day of each fiscal quarter beginning on March 31, 2012. The Note is the unsecured obligation of the Company
and is senior to the Company&rsquo;s preferred stock and common stock and other unsecured debt. The Note is convertible into shares
of the Company&rsquo;s common stock at any time, in whole or in part, at the option of the holder at a per share conversion price
equal to $1.27, subject to adjustment for stock splits, stock dividends, combinations and other corporate transactions.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">Events of default under the Note include, among
others, payment defaults, cross-defaults, the Company&rsquo;s common stock is suspended from trading for a period of time or
no longer listed on an eligible trading market, and certain bankruptcy-type events involving the Company or certain
subsidiaries. Upon an event of default, the holder may elect to require the Company to redeem all or any portion of the
outstanding principal amount of the Note for a price equal to the greater of (i) the amount to be redeemed (as calculated
through the redemption date) and (ii) the product of (A) the conversion rate with respect to such amount in effect at such
time as the holders deliver a redemption notice and (B) the greatest closing sale price of the Company&rsquo;s common stock
on any trading day during the period starting on the date immediately preceding the event of default and ending on the
trading day immediately prior to the date the Company is required to pay the redemption amount. In addition, upon an event of
default the interest rate on the Note will increase by a per annum rate of 2.0% during the first 90-day period immediately
following the event of default and will increase an additional 2.0% per annum during each subsequent 90-day period until the
event of default has been cured, but in no event will such increase exceed a per annum rate of 6.0%.</P>



<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">The Company may redeem all of the outstanding principal
amount of the Note if the Company enters into a binding agreement for a change of control of the Company or if <FONT STYLE="color: black">the
closing sale price of the Company&rsquo;s common stock exceeds 300% of the conversion price for thirty (30) consecutive calendar
days</FONT>. If the Company elects to redeem the Note, the redemption price will be <FONT STYLE="color: black">equal to 115% of
the greater of (i)&nbsp;</FONT>the amount to be redeemed (as calculated through the redemption date) and (ii) the product of (A)
the conversion rate with respect to such amount in effect at such time as the holders deliver a redemption notice and (B) the greatest
closing sale price of the Company&rsquo;s common stock on any trading day during the period starting on <FONT STYLE="color: black">the
date the Company elects to redeem the note and ending on the trading day immediately prior to the date the Company is required
to pay the redemption amount.&nbsp;</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Registration Rights Agreement</I></B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">In connection with the potential conversion of the Note,
the Company and the Investor entered into a Registration Rights Agreement (the &ldquo;Registration Rights Agreement&rdquo;) <FONT STYLE="color: black">pursuant
to which the Company agreed to file a registration statement providing for the resale of the securities issuable upon a conversion
of the Note. The registration statement must be filed no later than 60 days after the issuance date of the Note. The registration
statement must be declared effective by the Securities and Exchange Commission (the &ldquo;SEC&rdquo;) no later than 90 days after
the issuance date of the Note (or, in the event of a &ldquo;full review&rdquo; by the SEC, no later than 120 days after such issuance
date). The Company will be required to pay liquidated damages to the Investor as set forth in the Registration Rights Agreement
if it fails to meet these deadlines.</FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Amendment to Warrant</I></B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">In connection with the Convertible Note Purchase Agreement,
the Company and the Investor entered into an Amendment to Warrant (&ldquo;Warrant Amendment&rdquo;), amending that certain warrant
to purchase up to 1,041,667 shares of common stock of the Company (the &ldquo;Warrant&rdquo;), which the Company issued to the
Investor on January 13, 2011. The Warrant Amendment reduces the exercise price applicable to the Warrant from $4.90 per share to
$2.50 per share.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font-size: 10pt"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-variant: small-caps"><B>Strategic Relationship
Agreements</B></FONT></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B><I>The 2012 Amended and Restated Collaboration and
Strategic Supplier Relationship Framework Agreement</I></B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">On March 13, 2012, the Company and ABB Inc.,
an affiliate of the Investor (&ldquo;ABB&rdquo;), entered into the 2012 Amended and Restated Collaboration and
Strategic Supplier Relationship Framework Agreement (the &ldquo;2012 Amended and Restated Collaboration Agreement&rdquo;),
amending, restating and superseding, collectively, that certain Collaboration and Strategic Supplier Relationship Framework Agreement,
dated as of January 10, 2011, and that certain Collaboration and Strategic Supplier Relationship For NAM Agreement, dated as
of January 10, 2011, between the Company and ABB. The 2012 Amended and Restated Collaboration Agreement, among other things,
sets out the general framework upon which the Company and ABB and its affiliates will collaborate to develop and manufacture
next generation electrical vehicle charging systems and in connection with the supplier relationship between the Company and
ABB with respect to the North American market.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Blink License Agreement</I></B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">On March 13, 2012, the Company and ABB entered into
a Blink License Agreement (the &ldquo;Blink License Agreement&rdquo;). Subject to certain restrictions, the Blink License
Agreement grants ABB and its affiliates (1) a non-exclusive, non-transferable right and license to use the Blink application
platform interface in the ABB electric vehicle charging system products that ABB or its affiliates market and sell in the
North American market in perpetuity, (2) the right to use&nbsp;certain of the Company&rsquo;s trademarks in connection with
the marketing and sale in the North American market of ABB products that feature the Blink application platform interface,
and (3) the right to grant sublicenses with respect to the rights granted under the Blink License Agreement. As consideration
for the license, the Company received $5,000,000 from ABB.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: black">The foregoing descriptions
of the terms and conditions of the Convertible Note Purchase Agreement, the Note, the Registration Rights Agreement, the Warrant
Amendment, the </FONT>2012 Amended and Restated Collaboration Agreement<FONT STYLE="color: black"> and the Blink License Agreement
are qualified in their entirety by the full text of the agreements attached hereto as Exhibits</FONT>.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 2.03. Creation of a Direct Financial Obligation
or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">The information set forth in Item 1.01 above is incorporated
by reference into this Item 2.03.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 3.02. Unregistered Sales of Equity Securities.</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">The disclosure in Item 1.01 is incorporated herein by
reference.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">The closing of the transactions contemplated by the Convertible
Note Purchase Agreement and the Warrant Amendment occurred on March 13, 2012. At the closing, the Company received gross proceeds
of $5,000,000, issued the Note and entered into the Warrant Amendment.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">The securities offered and described above have not been
registered under the Securities Act of 1933, as amended (the &ldquo;Securities Act&rdquo;), and may not be offered or sold in the
United States absent registration or an applicable exemption from registration requirements. The issuance of the securities in
the transaction described above will be effected without registration under the Securities Act in reliance on Section 4(2) thereof
or Rule 506 of Regulation D thereunder based on the status of the Investor as an accredited investor as defined under the Securities
Act, and such transaction will be effected without using any form of general advertising or general solicitation as such terms
are used in Regulation D.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 8.01. Other Events.</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">On March 14, 2012, the Company issued a press release
that publicly announced the issuance of the Note, the grant of the Blink License, and the entering into of the 2012 Amended and
Restated Collaboration Agreement. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1
attached hereto and is incorporated by reference herein.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font-size: 10pt"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 9.01. Financial Statements and Exhibits.</B></P>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">(d) Exhibits</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; padding: 0; line-height: 115%; font-weight: bold; text-indent: 0">Exhibit Number</TD>
    <TD STYLE="width: 86%; padding: 0; line-height: 115%; font-weight: bold; text-indent: 0">Name and/or Identification of Exhibit</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">4.1</TD>
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">Unsecured Convertible Note, with original issue date of March 13, 2012, issued by ECOtality, Inc. to ABB Technology Ventures Ltd.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">10.1</TD>
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">Convertible Note Purchase Agreement, dated March 13, 2012, by and between ECOtality, Inc. and ABB Technology Ventures Ltd</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">10.2</TD>
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">Registration Rights Agreement, dated March 13, 2011, by and between ECOtality, Inc. and ABB Technology Ventures Ltd</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">10.3</TD>
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">Amendment to Warrant, dated March 13, 2012, by and between ECOtality, Inc. and ABB Technology Ventures Ltd</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">10.4</TD>
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">2012 Amended and Restated Collaboration and Strategic Supplier Relationship Framework Agreement, dated March 13, 2012, by and between ECOtality, Inc. and ABB Inc.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">10.5</TD>
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">Blink License Agreement, dated March 13, 2012, by and between ECOtality, Inc. and ABB Inc.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">99.1</TD>
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">Press Release</TD></TR>
</TABLE>
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font-size: 10pt"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 89.1pt">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ECOTALITY, INC.</B></P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt">(Registrant)</P>

<P STYLE="font: 10pt/10.35pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="margin: 0">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 8pt">
<TR>
    <TD STYLE="width: 30%; vertical-align: top; border-bottom: black 1pt solid; text-autospace: none; font-size: 10pt; font-weight: bold; text-align: center">Signature</TD>
    <TD STYLE="width: 5%; vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="width: 30%; vertical-align: top; border-bottom: black 1pt solid; text-autospace: none; font-size: 10pt; font-weight: bold; text-align: center">Title</TD>
    <TD STYLE="width: 5%; vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="width: 30%; vertical-align: top; border-bottom: black 1pt solid; text-autospace: none; font-size: 10pt; font-weight: bold; text-align: center">Date</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-autospace: none"></TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="vertical-align: top; text-autospace: none"></TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="vertical-align: top; text-autospace: none"></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-autospace: none; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-autospace: none; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-autospace: none; font-size: 10pt; text-align: center">&nbsp;</TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top; text-autospace: none; font-size: 10pt; text-align: center">/s/ Jonathan R. Read</TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="vertical-align: top; text-autospace: none; font-size: 10pt; text-align: center">President and CEO</TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="vertical-align: top; text-autospace: none; font-size: 10pt; text-align: center">March 14, 2012</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-autospace: none; font-size: 10pt; text-align: center">Jonathan R. Read</TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="vertical-align: top; text-autospace: none"></TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="vertical-align: top; text-autospace: none"></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-autospace: none; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-autospace: none">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-autospace: none">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-autospace: none"></TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="vertical-align: top; text-autospace: none"></TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="vertical-align: top; text-autospace: none"></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-autospace: none"></TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="vertical-align: top; text-autospace: none"></TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="vertical-align: top; text-autospace: none"></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: top; text-autospace: none; font-size: 10pt; text-align: center">/s/ H. Ravi Brar</TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="vertical-align: top; text-autospace: none; font-size: 10pt; text-align: center">Chief Financial Officer</TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="vertical-align: top; text-autospace: none; font-size: 10pt; text-align: center">March 14, 2012</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-autospace: none; font-size: 10pt; text-align: center">H. Ravi Brar</TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="vertical-align: top; text-autospace: none"></TD>
    <TD STYLE="vertical-align: bottom; text-autospace: none"></TD>
    <TD STYLE="vertical-align: top; text-autospace: none"></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman; margin: 0; text-align: center"><B>&nbsp;</B></P>

<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font-size: 10pt"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; padding: 0; line-height: 115%; font-weight: bold; text-indent: 0">Exhibit Number</TD>
    <TD STYLE="width: 86%; padding: 0; line-height: 115%; font-weight: bold; text-indent: 0">Name and/or Identification of Exhibit</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">4.1</TD>
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">Unsecured Convertible Note, with original issue date of March 13, 2012, issued by ECOtality, Inc. to ABB Technology Ventures Ltd.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">10.1</TD>
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">Convertible Note Purchase Agreement, dated March 13, 2012, by and between ECOtality, Inc. and ABB Technology Ventures Ltd</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">10.2</TD>
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">Registration Rights Agreement, dated March 13, 2011, by and between ECOtality, Inc. and ABB Technology Ventures Ltd</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">10.3</TD>
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">Amendment to Warrant, dated March 13, 2012, by and between ECOtality, Inc. and ABB Technology Ventures Ltd</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">10.4</TD>
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">2012 Amended and Restated Collaboration and Strategic Supplier Relationship Framework Agreement, dated March 13, 2012, by and between ECOtality, Inc. and ABB Inc.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">10.5</TD>
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">Blink License Agreement, dated March 13, 2012, by and between ECOtality, Inc. and ABB Inc.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">99.1</TD>
    <TD STYLE="padding: 0; line-height: 115%; text-indent: 0">Press Release</TD></TR>
</TABLE>
<P STYLE="font: 10pt/10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>



<P STYLE="font: 10pt Times New Roman; margin: 0; text-align: center"></P>

<!-- Field: Page; Sequence: 6; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font-size: 10pt"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Times New Roman; margin: 0; text-align: center"></P>

</BODY>
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "v305689_8k.htm", "description": "FORM 8-K", "secsgml_size_bytes": 36756}]
{"company-data": {"conformed-name": "ECOTALITY, INC.", "cik": "0001301206", "assigned-sic": "3621", "irs-number": "680515422", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-34745", "film-number": "12691163"}, "business-address": {"street1": "80 E RIO SALADO PARKWAY", "street2": "SUITE 710", "city": "TEMPE", "state": "AZ", "zip": "85281", "phone": "(480) 219-5005"}, "mail-address": {"street1": "80 E RIO SALADO PARKWAY", "street2": "SUITE 710", "city": "TEMPE", "state": "AZ", "zip": "85281"}, "former-company": {"former-conformed-name": "ALCHEMY ENTERPRISES, LTD.", "date-changed": "20040820"}}
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
March
13, 2012
ECOTALITY, INC.
(Exact name of Registrant as specified in
its charter)
Nevada
000-50983
68-0515422
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
One Montgomery Street, Suite 2525
San Francisco, CA
94104
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including
area code:
(415) 992-3000
Four Embarcadero Center, Suite 3720
San Francisco, CA 94111
(Former Name or Former Address, if Changed
Since Last Report)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01. Entry into a Material Definitive Agreement.
On March 13, 2012, ECOtality, Inc. (the "Company")
entered into the following material definitive agreements:
Private Placement
Agreements
Convertible Note Purchase Agreement
The Company and ABB Technology Ventures Ltd (the "Investor")
entered into a Convertible Note Purchase Agreement (the "Convertible Note Purchase Agreement"), pursuant to which
the Company agreed to issue and sell, and the Investor agreed to purchase, $5,000,000 in aggregate principal amount of a 5.05%
Unsecured Convertible Note due 2015 (the "Note"). The Convertible Note Purchase Agreement contains customary representations,
warranties and agreements by the Company. In addition, the Company has agreed to indemnify the Investor against certain liabilities,
including liabilities under the Securities Act, or to contribute to payments the Investor may be required to make in respect of
those liabilities.
5.05% Unsecured Convertible Note Due 2015
The Company issued, and completed the sale to the Investor
of, the Note. The Note matures on March 13, 2015 and bears interest at a rate of 5.05% per annum, payable quarterly in arrears
in cash on the final day of each fiscal quarter beginning on March 31, 2012. The Note is the unsecured obligation of the Company
and is senior to the Company's preferred stock and common stock and other unsecured debt. The Note is convertible into shares
of the Company's common stock at any time, in whole or in part, at the option of the holder at a per share conversion price
equal to $1.27, subject to adjustment for stock splits, stock dividends, combinations and other corporate transactions.
Events of default under the Note include, among
others, payment defaults, cross-defaults, the Company's common stock is suspended from trading for a period of time or
no longer listed on an eligible trading market, and certain bankruptcy-type events involving the Company or certain
subsidiaries. Upon an event of default, the holder may elect to require the Company to redeem all or any portion of the
outstanding principal amount of the Note for a price equal to the greater of (i) the amount to be redeemed (as calculated
through the redemption date) and (ii) the product of (A) the conversion rate with respect to such amount in effect at such
time as the holders deliver a redemption notice and (B) the greatest closing sale price of the Company's common stock
on any trading day during the period starting on the date immediately preceding the event of default and ending on the
trading day immediately prior to the date the Company is required to pay the redemption amount. In addition, upon an event of
default the interest rate on the Note will increase by a per annum rate of 2.0% during the first 90-day period immediately
following the event of default and will increase an additional 2.0% per annum during each subsequent 90-day period until the
event of default has been cured, but in no event will such increase exceed a per annum rate of 6.0%.
The Company may redeem all of the outstanding principal
amount of the Note if the Company enters into a binding agreement for a change of control of the Company or if
the
closing sale price of the Company's common stock exceeds 300% of the conversion price for thirty (30) consecutive calendar
days
. If the Company elects to redeem the Note, the redemption price will be
equal to 115% of
the greater of (i)
the amount to be redeemed (as calculated through the redemption date) and (ii) the product of (A)
the conversion rate with respect to such amount in effect at such time as the holders deliver a redemption notice and (B) the greatest
closing sale price of the Company's common stock on any trading day during the period starting on
the
date the Company elects to redeem the note and ending on the trading day immediately prior to the date the Company is required
to pay the redemption amount.
Registration Rights Agreement
In connection with the potential conversion of the Note,
the Company and the Investor entered into a Registration Rights Agreement (the "Registration Rights Agreement")
pursuant
to which the Company agreed to file a registration statement providing for the resale of the securities issuable upon a conversion
of the Note. The registration statement must be filed no later than 60 days after the issuance date of the Note. The registration
statement must be declared effective by the Securities and Exchange Commission (the "SEC") no later than 90 days after
the issuance date of the Note (or, in the event of a "full review" by the SEC, no later than 120 days after such issuance
date). The Company will be required to pay liquidated damages to the Investor as set forth in the Registration Rights Agreement
if it fails to meet these deadlines.
Amendment to Warrant
In connection with the Convertible Note Purchase Agreement,
the Company and the Investor entered into an Amendment to Warrant ("Warrant Amendment"), amending that certain warrant
to purchase up to 1,041,667 shares of common stock of the Company (the "Warrant"), which the Company issued to the
Investor on January 13, 2011. The Warrant Amendment reduces the exercise price applicable to the Warrant from $4.90 per share to
$2.50 per share.
Strategic Relationship
Agreements
The 2012 Amended and Restated Collaboration and
Strategic Supplier Relationship Framework Agreement
On March 13, 2012, the Company and ABB Inc.,
an affiliate of the Investor ("ABB"), entered into the 2012 Amended and Restated Collaboration and
Strategic Supplier Relationship Framework Agreement (the "2012 Amended and Restated Collaboration Agreement"),
amending, restating and superseding, collectively, that certain Collaboration and Strategic Supplier Relationship Framework Agreement,
dated as of January 10, 2011, and that certain Collaboration and Strategic Supplier Relationship For NAM Agreement, dated as
of January 10, 2011, between the Company and ABB. The 2012 Amended and Restated Collaboration Agreement, among other things,
sets out the general framework upon which the Company and ABB and its affiliates will collaborate to develop and manufacture
next generation electrical vehicle charging systems and in connection with the supplier relationship between the Company and
ABB with respect to the North American market.
Blink License Agreement
On March 13, 2012, the Company and ABB entered into
a Blink License Agreement (the "Blink License Agreement"). Subject to certain restrictions, the Blink License
Agreement grants ABB and its affiliates (1) a non-exclusive, non-transferable right and license to use the Blink application
platform interface in the ABB electric vehicle charging system products that ABB or its affiliates market and sell in the
North American market in perpetuity, (2) the right to use certain of the Company's trademarks in connection with
the marketing and sale in the North American market of ABB products that feature the Blink application platform interface,
and (3) the right to grant sublicenses with respect to the rights granted under the Blink License Agreement. As consideration
for the license, the Company received $5,000,000 from ABB.
The foregoing descriptions
of the terms and conditions of the Convertible Note Purchase Agreement, the Note, the Registration Rights Agreement, the Warrant
Amendment, the
2012 Amended and Restated Collaboration Agreement
and the Blink License Agreement
are qualified in their entirety by the full text of the agreements attached hereto as Exhibits
.
Item 2.03. Creation of a Direct Financial Obligation
or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information set forth in Item 1.01 above is incorporated
by reference into this Item 2.03.
Item 3.02. Unregistered Sales of Equity Securities.
The disclosure in Item 1.01 is incorporated herein by
reference.
The closing of the transactions contemplated by the Convertible
Note Purchase Agreement and the Warrant Amendment occurred on March 13, 2012. At the closing, the Company received gross proceeds
of $5,000,000, issued the Note and entered into the Warrant Amendment.
The securities offered and described above have not been
registered under the Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the
United States absent registration or an applicable exemption from registration requirements. The issuance of the securities in
the transaction described above will be effected without registration under the Securities Act in reliance on Section 4(2) thereof
or Rule 506 of Regulation D thereunder based on the status of the Investor as an accredited investor as defined under the Securities
Act, and such transaction will be effected without using any form of general advertising or general solicitation as such terms
are used in Regulation D.
Item 8.01. Other Events.
On March 14, 2012, the Company issued a press release
that publicly announced the issuance of the Note, the grant of the Blink License, and the entering into of the 2012 Amended and
Restated Collaboration Agreement. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1
attached hereto and is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number
Name and/or Identification of Exhibit
4.1
Unsecured Convertible Note, with original issue date of March 13, 2012, issued by ECOtality, Inc. to ABB Technology Ventures Ltd.
10.1
Convertible Note Purchase Agreement, dated March 13, 2012, by and between ECOtality, Inc. and ABB Technology Ventures Ltd
10.2
Registration Rights Agreement, dated March 13, 2011, by and between ECOtality, Inc. and ABB Technology Ventures Ltd
10.3
Amendment to Warrant, dated March 13, 2012, by and between ECOtality, Inc. and ABB Technology Ventures Ltd
10.4
2012 Amended and Restated Collaboration and Strategic Supplier Relationship Framework Agreement, dated March 13, 2012, by and between ECOtality, Inc. and ABB Inc.
10.5
Blink License Agreement, dated March 13, 2012, by and between ECOtality, Inc. and ABB Inc.
99.1
Press Release
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
ECOTALITY, INC.
(Registrant)
Signature
Title
Date
/s/ Jonathan R. Read
President and CEO
March 14, 2012
Jonathan R. Read
/s/ H. Ravi Brar
Chief Financial Officer
March 14, 2012
H. Ravi Brar
EXHIBIT INDEX
Exhibit Number
Name and/or Identification of Exhibit
4.1
Unsecured Convertible Note, with original issue date of March 13, 2012, issued by ECOtality, Inc. to ABB Technology Ventures Ltd.
10.1
Convertible Note Purchase Agreement, dated March 13, 2012, by and between ECOtality, Inc. and ABB Technology Ventures Ltd
10.2
Registration Rights Agreement, dated March 13, 2011, by and between ECOtality, Inc. and ABB Technology Ventures Ltd
10.3
Amendment to Warrant, dated March 13, 2012, by and between ECOtality, Inc. and ABB Technology Ventures Ltd
10.4
2012 Amended and Restated Collaboration and Strategic Supplier Relationship Framework Agreement, dated March 13, 2012, by and between ECOtality, Inc. and ABB Inc.
10.5
Blink License Agreement, dated March 13, 2012, by and between ECOtality, Inc. and ABB Inc.
99.1
Press Release