AeroVironment Selected by Volvo Cars to Develop and Deliver Its First Custom Global Electric Vehicle Charging Station
March 09 2017 - 2:00PM
Business Wire
- Third strategic initiative between
Volvo Cars and AeroVironment builds on the successful in-trunk
TurboCord™ and the dealer infrastructure EVSE-RS charging station
programs
- EV Charger to support Volvo Cars’
customers in European, Chinese, North American and other global
markets
- Global EV Charging Station’s design
will complement Volvo Cars’ attention to luxury, safety and
excellence
AeroVironment, Inc. (NASDAQ: AVAV), a leader in electric vehicle
(EV) charging and the preferred charging solution supplier for
eight global automakers, today announced its selection by Volvo
Cars as the developer of Volvo Cars’ first custom global EV
charging station.
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Volvo’s global premium EV charger,
developed by AeroVironment (Photo: Business Wire)
Incorporating customer design elements and branding specifically
for Volvo Cars, this charging station can be conveniently wall
mounted. It will enable drivers to charge their vehicles up to
three times faster than is possible with a standard cordset.
AeroVironment’s reputation for providing innovative and robust
EV charging solutions was the reason Volvo Cars chose the company
for its third EV charging initiative, this time for a reliable
global charging station. AeroVironment is developing a premium
custom EV charger that aligns with the premium image of the Volvo
XC90 and a growing line of Volvo Cars’ plug-in hybrid vehicles.
“Volvo Cars’ approach to plug-in hybrid electric vehicles
positions it as an innovator, and we look forward to providing
Volvo Cars’ customers with a wall mounted charging station they can
rely on to charge safely and proceed with certainty,” said Ken
Karklin, vice president and general manager, Efficient Energy
Systems for AeroVironment. “Our goal is to ensure that Volvo Cars’
customers have the best possible charging experience.”
AeroVironment’s charging station design will incorporate global
third-party safety agency certifications for each market including
UL, CE and China CQC. The new charging station will be designed
with a weather-resistant IP55 enclosure and will deliver AC power
safely to a vehicle’s on-board charger both indoors and
outdoors.
AeroVironment’s TurboCord™ Dual plug-in EV charger is also a
Volvo Cars-preferred charging solution. The addition of Volvo Cars’
customized global charging station builds on a proven partnership
between the two companies to give customers the ability to reliably
charge their vehicles anywhere. AeroVironment’s new charger will
pair well with the TurboCord model that comes standard in the trunk
of the Volvo XC90 T8 Twin Engine plug-in hybrid. Volvo Cars drivers
can now have the best of both worlds – a charging station in their
garage, and one in the trunk.
AeroVironment is currently the preferred integrated North
American home charging solution supplier for eight global
automakers and their growing fleets of plug-in electric vehicles.
With more than 25 years of history supporting electric vehicle
technology and innovation, AeroVironment is recognized as the
leading provider of a broad array of EV charging solutions that
touch everyone from drivers to automakers. More information on
AeroVironment’s EV charging solutions can be found at:
www.evsolutions.com.
About AeroVironment
AeroVironment (NASDAQ: AVAV) provides customers with more
actionable intelligence so they can proceed with certainty. Based
in California, AeroVironment is a global leader in unmanned
aircraft systems, tactical missile systems and electric vehicle
charging and test systems, and serves militaries, government
agencies, businesses and consumers. For more information, visit
www.avinc.com.
About Volvo
Volvo Car USA, LLC, (www.volvocars.com/us) is a subsidiary of
Volvo Car Group of Gothenburg, Sweden. VCUSA provides
marketing, sales, parts, service, technology and training support
to Volvo automobile retailers in the United States. For more
information please refer to the VCUSA media website at:
http://www.media.volvocars.com/us.
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
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version on businesswire.com: http://www.businesswire.com/news/home/20170309006155/en/
AeroVironment, Inc.Steven Gitlin,
+1-626-357-9983pr@avinc.com
AeroVironment (NASDAQ:AVAV)
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