Hawaii selects AeroVironment for 320 public EV charging docks

Hawaii Lt. Governor Brian Schatz 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 of the charging stations is completed, Hawaii will have one of the nation’s first statewide public charging networks supporting electric vehicle drivers.

For the record, AeroVironment (NASDAQ: AVAV) is the official home charging-dock provider for the Nissan LEAFÒ and co-developer of the first modern-day electric vehicle, the GM Impact.

AeroVironment has also installed more than 1,000 charging docks in more than 300 communities across 18 states since November 2010.

The partnership with Hawaiian Electric Company (HECO) to design and build public and semi-private charging stations at convenient locations for electric vehicle owners will also include 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.

To supplement the expense, 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 movement.

“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.

Moreover, 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.

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About the Author: After 39 years in the auto industry as a design engineer, Frank Sherosky now trades stocks and writes articles, books and ebooks via authorfrank.com, but may be contacted here by email: [email protected]

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