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AeroVironment to provide reliable and easy-to-use EV charging stations
in Hyundai dealerships
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Hyundai becomes the seventh major auto manufacturer to choose
AeroVironment as its preferred dealer charging station provider
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Hyundai drivers have the option to purchase AeroVironment’s portable
TurboCord charging system or its wall-mounted EVSE-RS charging station
Hyundai Motor America has selected AeroVironment,
Inc. (NASDAQ:AVAV) as the preferred provider for charging system
installation at its dealerships across North America for its all-new
2016 Hyundai Sonata Plug-in Hybrid. Hyundai is the seventh plug-in
electric vehicle (EV) auto manufacturer to choose AeroVironment as one
of its suppliers.
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Hyundai Motor Company picks AeroVironment to supply and install dealer EV charging stations for its all-new Sonata plug-in hybrid, the seventh global automaker to choose AeroVironment. (Photo: Business Wire)
The 2016 Sonata Plug-in Hybrid comes with a high-capacity
lithium-polymer hybrid battery system that delivers an all-electric
range of 27 miles before switching to hybrid mode. The Sonata Plug-in
Hybrid also comes with a lifetime hybrid battery warranty.
The AeroVironment 240-volt TurboCord and the EVSE-RS charging station
can charge the Sonata Plug-in Hybrid in less than three hours versus the
approximate nine hours needed using a standard 120-volt charging cable.
AeroVironment’s UL-listed products can be installed indoors or outdoors,
making it easy to locate the station in the most convenient location.
”Having your own charging station right in your garage or driveway gives
Hybrid and EV drivers a special kind of freedom. It makes charging a car
as easy as charging a cell phone,” said Ken Karklin, AeroVironment
senior vice president and general manager of its Efficient Energy
Systems business segment. “AeroVironment’s portfolio of EV charging
solutions gives the Hyundai Sonata Plug-in Hybrid and other EVs the
benefits and convenience of faster charging and cleaner driving at home
and on the road.”
Hyundai owners can purchase AeroVironment home chargers and installation
when purchasing their vehicles at the Hyundai dealership.
AeroVironment-certified, licensed electricians, who are also specially
qualified to support EV drivers, perform on-site installation and
services.
AeroVironment is the preferred integrated home charging solution
supplier for seven global automakers and their growing fleets of plug-in
electric vehicles. The company’s broad line of charging systems includes
the 240-volt TurboCord and the EVSE-RS home charging station, which can
be ordered online. More information on AeroVironment’s EV charging
solutions can be found at www.evsolutions.com.
About AeroVironment
AeroVironment is a technology solutions provider that designs, develops,
produces, supports and operates an advanced portfolio of electric
transportation solutions and electric-powered Unmanned
Aircraft Systems (UAS). AeroVironment’s comprehensive EV
charging solutions include the portable, dual-charging (120/240V)
TurboCord, 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. AeroVironment’s industrial
electric vehicle charging systems support thousands of electric
materials handling vehicles in mission-critical supply chains for
Fortune 500 enterprises. AeroVironment’s power
cycling and test systems provide EV developers and EV battery
manufacturers with market-leading simulation and cycling capabilities.
The company’s electric-powered, hand-launched unmanned aircraft systems
generate and process data to deliver powerful insight, on-demand, to
people engaged in military, public safety and commercial activities
around the world. More information is available at www.avinc.com
and www.evsolutions.com.
About Hyundai Motor America
Hyundai Motor America, headquartered in Fountain Valley, Calif., is a
subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are
distributed throughout the United States by Hyundai Motor America and
are sold and serviced through more than 830 dealerships nationwide. All
Hyundai vehicles sold in the U.S. are covered by the Hyundai
Assurance program, which includes the 5-year/60,000-mile fully
transferable new vehicle limited warranty, Hyundai’s
10-year/100,000-mile powertrain limited warranty, and five years of
complimentary Roadside Assistance. Hyundai Blue Link Connected Care
provides owners of Hyundai models equipped with the Blue Link telematics
system with proactive safety and car care services complimentary for one
year with enrollment. These services include Automatic Collision
Notification, Enhanced Roadside Assistance, Vehicle Diagnostic Alert,
Monthly Vehicle Health Report and in-vehicle service scheduling.
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, including our most recent Annual Report on Form
10-K and Quarterly Reports on 10-Q. 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.
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