Leading Premium Automotive Company Selects AeroVironment TurboCord As Official Electric Vehicle Charging Accessory
September 19 2017 - 9:10AM
Business Wire
- BMW of North America offers
AeroVironment’s versatile TurboCord™ EV charger as an accessory for
its plug-in electric vehicle lineup
- TurboCord will give BMW and MINI
electrified vehicle drivers flexible dual-voltage (120 V & 240
V) capability and nearly three-times faster charging – all in the
smallest, lightest UL-listed portable charger available
AeroVironment, Inc. (NASDAQ:AVAV), a global leader in electric
vehicle (EV) charging, today announced its selection as an official
North American provider of BMW and MINI-branded TurboCord accessory
EV chargers. AeroVironment began shipping TurboCord as a premium
charging accessory for BMW in May.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20170919005785/en/
TurboCord is an official accessory of the
BMW and MINI plug-in electric vehicle lineup (Photo: Business
Wire)
As a BMW and MINI Original Accessory, the TurboCord Electric
Vehicle (EV) charging components meet the rigorous standards and
requirements established by BMW Group. The TurboCord charger can be
purchased with the vehicle, at all North American BMW and MINI
dealerships and online. The dual-voltage charger features a small
and lightweight design with a convenient 20 ft. charging cord. The
TurboCord provides two chargers in one: Level 1 charging when
plugged into any commonly available 120-volt outlet, and it also
allows customers of any BMW and MINI electrified vehicle to charge
at 3.6 kW, nearly 3 times faster than the standard occasional use
cable (OUC) when used with a 240 V outlet (NEMA 6-20). TurboCord
also integrates such state-of-the-art safety features as unit and
plug temperature monitoring, automatic shut-off and a rugged,
waterproof, submersible enclosure (NEMA 6p) that enables users to
safely and reliably charge anywhere indoor and outdoor.
“BMW and MINI drivers will have charging versatility with the
TurboCord, which packs flexible dual-voltage capability, nearly
three-times faster charging and high safety standards into the
smallest UL-listed dual-voltage charger on the market,” said Ken
Karklin, vice president and general manager of AeroVironment’s
Efficient Energy Systems business segment. “TurboCord’s
portability, power and convenience make it ideal for charging at
home or on the go – which is what every EV driver wants.”
Karklin added that the relationship between AeroVironment and
BMW North America is an excellent example of companies working
together toward a shared commitment to the future of clean
transportation.
AeroVironment currently is a preferred integrated North American
home charging solution supplier for nine global automakers and
their growing BEV and PHEV fleets. With more than 25 years of
history supporting EV technology and innovation, AeroVironment, a
pioneer in EV charging, is recognized as a leading provider of a
broad array of electric vehicle charging solutions that touch
everyone from drivers to auto dealers to automakers.
Visit http://www.evsolutions.com for more information on
AeroVironment’s EV charging solutions.
About AeroVironmentAeroVironment (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.
Safe Harbor StatementThis press release contains
"forward-looking statements" as that term is defined in the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements include, without limitation, any statement that may
predict, forecast, indicate or imply future results, performance or
achievements, and may contain words such as "believe,"
"anticipate," "expect," "estimate," "intend," "project," "plan," or
words or phrases with similar meaning. Forward-looking statements
are based on 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 the forward-looking
statements. Factors that could cause actual results to differ
materially from the forward-looking statements include, but are not
limited to, reliance on sales to the U.S. government; availability
of U.S. government funding for defense procurement and R&D
programs; changes in the timing and/or amount of government
spending; risks related to our international business, including
compliance with export control laws; potential need for changes in
our long-term strategy in response to future developments;
unexpected technical and marketing difficulties inherent in major
research and product development efforts; changes in the supply
and/or demand and/or prices for our products and services; the
activities of competitors and increased competition; failure of the
markets in which we operate to grow; failure to remain a market
innovator and create new market opportunities; changes in
significant operating expenses, including components and raw
materials; failure to develop new products; the extensive
regulatory requirements governing our contracts with the U.S.
government; product liability, infringement and other claims;
changes in the regulatory environment; 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.
For additional media and information, please follow us at:
Facebook:
https://www.facebook.com/AeroVironmentEV-165341556870732/Twitter:
https://twitter.com/AeroVironmentEVYouTube:
https://www.youtube.com/watch?v=0iAy-NriDfE&list=PL646523719F757428LinkedIn:
https://www.linkedin.com/company/electrical-vehicle-charging-solutions?trk=biz-brand-tree-co-logoGoogle+:
https://plus.google.com/100557642515390130818/posts
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170919005785/en/
AeroVironment, Inc.Steven Gitlin, +1 (626)
357-9983pr@avinc.comorFor AeroVironment, Inc.Mark Boyer, +1 (310)
229-5956mark@boyersyndicate.com
AeroVironment (NASDAQ:AVAV)
Historical Stock Chart
From Mar 2024 to Apr 2024
AeroVironment (NASDAQ:AVAV)
Historical Stock Chart
From Apr 2023 to Apr 2024