|[February 24, 2012]
Mitsubishi Motors North America Adds AeroVironment's Turnkey Electric Vehicle Charging Station and Installation Solution to its Integrated EV Offering
CYPRESS, Calif. & MONROVIA, Calif. --(Business Wire)--
Motors North America, Inc. (MMNA) and AeroVironment,
Inc. (NASDAQ: AVAV), an authority in electric vehicle (EV)
infrastructure solutions, today announced AeroVironment's selection as
an additional authorized and approved nationwide supplier of EV home
charging systems, on-site installation services and support for the
all-new 100 percent electric-powered 2012 Mitsubishi (News - Alert) i, providing
drivers safe and reliable indoor/outdoor home charging and the ability
to start everyday fully charged.
The 2012 Mitsubishi i electric vehicle (EV) can now be recharged with a convenient turnkey charging solution by AeroVironment. (Photo: Business Wire)
AeroVironment's turnkey solution includes its UL-listed home charging
station, permit acquisition, installation, customer training, 24/7
customer service and a leading three-year warranty on both parts and
installation labor. With a single telephone call, EV drivers can order
their charging station and schedule its installation from AeroVironment,
a pioneer in the electric transportation industry for more than 20 years.
"The AeroVironment EVSE-RS Level 2 electric vehicle charging system is
an easy-to-use, reliable and safe option for Mitsubishi i owners to use
for charging their brand-new EVs in their own homes," said Yoichi
Yokozawa, President & CEO of Mitsubishi Motors North America, Inc.
"AeroVironment has consistently delivered excellent and innovative EV
products and services that cover every step of the purchase and
Mitsubishi Motors is waiving the $99.99 site consultation for the first
2,000 customers to pre-order the 2012 Mitsubishi i until April 19, 2012.
The on-site home consultation includes an analysis of current electrical
wiring capacity, recommended station placement and a full breakdown of
activities and costs related to installing an electric refueling system.
AeroVironment's trained and certified installers secure necessary
permits, take into account specific homeowners' and renters' unique
requests and account for both electrical and building requirements in
local areas. Customers can schedule their site consultation by calling
the dedicated AeroVironment/Mitsubishi Motors reservation hotline at
866-732-3219 or through an online portal, that will be accessible
through the Mitsubishi i website.
"Automotive manufacturers like Mitsubishi are blazing new trails in
clean transportation and delivering EVs that are more accessible to a
wider population of drivers," said Tim Conver, President and Chief
Executive Officer, AeroVironment, Inc. "AeroVironment and Mitsubishi
Motors share a vision where EV drivers enjoy a positive transportation
experience that includes a full 'tank' at the start of every day. We
look forward to working with Mitsubishi Motors to achieve that vision."
AeroVironment delivers a full portfolio of EV charging systems that fit
a wide range of consumer lifestyles and driving patterns - including
solutions for the home, work, highway, and retail establishments. The
Level 2 home charging station connects t a 240-volt line and is capable
of recharging a fully depleted Mitsubishi i battery in approximately 7
hours. Additional AeroVironment charging solutions include a standard
plug-in AC cord set (Level 1), a Level 2 connected or "smart" system for
home and business use and DC fast chargers that can charge a completely
empty main lithium-ion battery pack of a 2012 Mitsubishi i to 80 percent
full in less than 30 minutes.
The 2012 Mitsubishi i is the most affordably-priced all-electric vehicle
available to the mass market in America and features distinctive
exterior styling, competent handling and a surprisingly roomy interior
that comfortably seats four adults.
About Mitsubishi Motors North America, Inc.
Mitsubishi Motors North America, Inc., (MMNA) is responsible for all
manufacturing, sales, marketing, research and development operations for
Mitsubishi Motors in the United States. MMNA sells coupes, convertibles,
sedans and sport utility vehicles through a network of approximately 400
dealers. In November of 2011, MMNA launched the battery-powered electric
vehicle Mitsubishi i as part of a corporate mission to offer consumers
more environmentally responsible modes of transportation. This
battery-powered electric vehicle technology addresses the need for
vehicles that produce zero tailpipe emissions and support a growing
agenda for sustainability. For more information, contact the Mitsubishi
Motors News Bureau at (888) 560-6672 or visit media.mitsubishicars.com.
About AeroVironment, Inc.
AeroVironment 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). AeroVironment'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. AeroVironment's industrial
fast 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.
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, our ability to perform under existing contracts and
obtain additional contracts; changes in the regulatory environment; 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.
Additional AeroVironment News: http://avinc.com/resources/news/
Media Gallery: http://avinc.com/media_gallery/ev_charging/
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50181184&lang=en
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