Disclaimer: Hazel Henderson is an investor in Envision solar.
Envision Solar adds a Major Japanese Auto Manufacturer
to its list of Automotive Customers
SAN DIEGO, CALIF. – July 20th, 2017 – Envision Solar International, Inc., (OTCQB: EVSI) (“Envision Solar,” or the “Company”), the leading renewably energized EV charging, outdoor media and energy security products company, announced that a major Japanese auto manufacturer has purchased the Company’s EV ARC™ product. The EV ARC™ product is being used to provide clean solar powered electric vehicle (EV) charging for employees. Due to confidentiality requirements, the Company is unable to name the customer.
“We are very happy that another auto industry leader has selected EV ARC™,” said Envision Solar CEO, Desmond Wheatley. “The growth in EV sales and the opportunities around second life batteries make automobile OEMs very valuable strategic partners for us. We add this industry leader to our growing list of OEM customers which include BMW, General Motors and Fiat”
According to the Center for Sustainable Energy second-life battery research is important because electric vehicles (EVs) are entering the car market in increasing numbers. Although the batteries used in EVs usually only have a vehicle lifetime of 8-10 years, they still have significant capacity remaining for alternative uses. Finding secondary uses for the EV batteries reduces their up-front cost and provides benefits to. Envision Solar believes that significant future opportunities exist for the integration of second life batteries into its products for certain applications. Cost reductions and increased sustainability could be amongst the significant benefits derived by the Company.
Invented and manufactured in California, the EV ARC™ fits inside a parking space and generates enough clean, solar electricity to power up to 225 miles of EV driving in a day. The system’s solar electrical generation is enhanced by EnvisionTrak™ which causes the array to follow the sun, generating up to 25% more electricity than a fixed array. The energy is stored in the EV ARC™ product’s energy storage for charging day or night and to provide emergency power during a grid failure. Because the EV ARC™ product requires no trenching, foundations or installation work of any kind, it is deployed in minutes and can be moved to a new location with ease. EV ARC™ products are manufactured in the Company’s San Diego facility by combat veterans, the disabled, minorities and other highly talented, mission driven team members.