AV to partner with Hawaiian Electric Company, University of Hawaii
at Manoa and Hawaii Automobile Dealers Association
Program includes deploying electric vehicle infrastructure
statewide, collecting and analyzing charging data to study impact on
electricity distribution and providing public outreach and educational
programs to promote EV growth
First Hawaiian International Auto Show — Hawaii Lt.
Governor Brian Schatz today announced that AeroVironment
(NASDAQ: AVAV) has been selected to help lead the way to a cleaner
transportation future through an $820,000 contract from the Hawaii EV
Ready Grants Program. The contract will fund the deployment of up to 320
AeroVironment 240-volt electric vehicle (EV) charging docks throughout
the islands. Once deployment is completed, Hawaii will have one of the
nation's first statewide public charging networks supporting electric
State of Hawaii Selects AeroVironment to Deploy up to 320 Public Electric Vehicle Charging Docks in Support of Clean Energy Goal. (Photo: Business Wire)
AeroVironment (AV), the official home charging-dock provider for the
Nissan LEAF® and co-developer of the first modern-day electric vehicle,
the GM Impact, will partner with Hawaiian Electric Company (HECO) to
design and build public and semi-private charging stations at convenient
locations for electric vehicle owners, including high-rise buildings,
resorts and rental car facilities.
AeroVironment's charging docks, including the two-port or four-port EVSE-RS+
and EVSE-CS (commercial) dock, will be strategically located
throughout Oahu, Hawaii Island, Maui, and Kauai to offer drivers a
practical, safe and reliable EV charging experience. AeroVironment has
installed more than 1,000 charging docks in more than 300 communities
across 18 states since November 2010.
The State of Hawaii is offering a rebate of up to $500 for installing
charging docks through its Hawaii
EV Ready Rebate Program. Customers who purchase an EV are also
eligible for a state rebate of up to $4,500. In combination with the
Hawaii EV Ready Grant Program and other development efforts, the rebates
aim to establish the state as a leader in the clean transportation
"We look forward to working with AeroVironment to help reduce the use of
oil for transportation," said Robbie Alm, Hawaiian Electric executive
vice president. "Wide use of electric vehicles will not only help reduce
our fossil fuel dependence, it will make it easier to increase our use
of renewable energy sources such as wind power and others, all
contributing to our energy, economic and environmental security."
Alm added, "AeroVironment shares this vision and is an outstanding
example of a supplier with a comprehensive solution for the EV market, a
history in Hawaii, experience working with leading auto manufacturers
and consistent high quality customer support."
The Hawaii Natural Energy Institute (HNEI), University of Hawaii at
Manoa will work with AeroVironment and Hawaiian Electric to collect data
from chargers to analyze the impact of EVs and associated infrastructure
on the power distribution grid.
"AeroVironment's team focuses on the entire user experience from the
start by providing the right tools and a full range of practical,
groundbreaking solutions," said Richard Rocheleau, director of the HNEI.
"As a result, we'll have the unique ability to collect and analyze usage
patterns that will help us project the increased demand on Hawaii's
utilities as EV adoption accelerates."
AeroVironment has been working on clean transportation programs in
Hawaii for more than a decade, beginning with deployment of fast
charging stations for passenger EVs in the early 2000s. AeroVironment
also established world altitude records with its solar-electric,
unmanned aircraft systems at the U.S. Navy Pacific Missile Range
Facility at Barking Sands on Kauai.
"AeroVironment and the state of Hawaii are pioneers in the EV movement
and have a long partnership focused on introducing clean transportation
solutions," said Mike Bissonette, senior vice president of Efficient
Energy Systems for AeroVironment. "Together, we're deploying practical
solutions for a game-changing electric transportation ecosystem that
will dramatically alter the vehicle refueling paradigm for drivers in
Hawaii, the United States and the world."
About AeroVironment, Inc.
AV is a technology solutions provider that designs, develops, produces
and supports an advanced portfolio of electric transportation solutions
and electric-powered Unmanned
Aircraft Systems (UAS). AV's comprehensive EV
charging solutions include EV home charging, public charging, fast
charging, data collection, grid-integrated communications and complete
installation, training and support services for consumers, automakers,
utilities, government agencies and businesses. AV's industrial
fast charging systems support thousands of electric materials
handling vehicles in mission-critical supply chains for Fortune 500
enterprises. AV's power
cycling and test systems provide EV developers and EV battery
manufacturers with market-leading simulation and cycling capabilities.
Agencies of the U.S. Department of Defense and allied military services
use the company's battery-powered, hand-launched unmanned aircraft
systems to provide situational awareness to tactical operating units
through real-time, airborne reconnaissance, surveillance and
communication. More information is available at www.avinc.com.
Safe Harbor Statement
Certain statements in this press release may constitute "forward-looking
statements" as that term is defined in the Private Securities Litigation
Reform Act of 1995. These statements are made on the basis of current
expectations, forecasts and assumptions that involve risks and
uncertainties, including, but not limited to, economic, competitive,
governmental and technological factors outside of our control, that may
cause our business, strategy or actual results to differ materially from
those expressed or implied. Factors that could cause actual results to
differ materially from the forward-looking statements include, but are
not limited to; the activities of competitors; failure of the markets in
which we operate to grow; failure to expand into new markets; failure to
develop new products or integrate new technology with current products;
and general economic and business conditions in the United States and
elsewhere in the world. For a further list and description of such risks
and uncertainties, see the reports we file with the Securities and
Exchange Commission. We do not intend, and undertake no obligation, to
update any forward-looking statements, whether as a result of new
information, future events or otherwise.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6652122&lang=en
Steven Gitlin (Media and Investor Relations)
for AeroVironment, Inc.
Source: AeroVironment, Inc.
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