Top Southern California University Orders Additional EV ARC(TM) Units

Loading...
Loading...
Top Southern California University Orders Additional EV ARC(TM) Units

Top Southern California University Orders Additional EV ARC(TM) Units

SAN DIEGO, CA--(Marketwired - March 27, 2018) - Envision Solar International, Inc., EVSI ("Envision Solar," or the "Company"), the leading renewably energized EV charging, outdoor media and energy security products company, has received a follow-on order from a top Southern California University for EV ARC™ products. The campus purchased their first units in March of 2017.

The EV ARC™ stations will be deployed in a public parking lot on campus and will provide free solar electric vehicle (EV) charging for students, faculty, staff and guests. The initial units have proven to successfully provide EV charging for the university. Additional units will increase the availability of free EV charging and align with the university's sustainability initiatives while demonstrating the highly scalable nature of the EV ARC™ product. The university has been able to simply add units as demand increases, without having to do any other infrastructure planning or upgrades and without increasing their utility bill.

The campus' transportation sustainability goals include developing effective GHG reduction plans, sustainable fleet management and transportation demand management programs. The campus fleet is increasingly made up of zero-emission and sustainable fuel vehicles - currently over 45%. Traditional infrastructure impacts related to electrifying a large fleet are not insignificant and can come with large utility bill increases. The university's choice of EV ARC™ products will relieve them of both negative impacts while enabling their fleet to drive on sunshine.

Envision Solar looks forward to assisting the southern California university in reducing their carbon footprint by providing the fastest deployed, most scalable EV charging station the world has seen to date, allowing the university's community to drive on nothing but sunshine.

"We are always delighted to get follow on orders," said Desmond Wheatley, President and CEO of Envision, "especially when they come from customers who are in what we believe will be major growth opportunity area for our products. It's a great validation of our technology and our business model."

Researchers estimate that California may need up to 220,000 publicly accessible charging ports by 2020 to meet projected demand, well beyond the roughly 16,000 available today. Hundreds of thousands of additional charging stations will be necessary at multi-unit dwellings. To meet demand, large California universities must invest in EV charging infrastructure in a scalable and sustainable manner. Envision Solar's EV ARC™ product provides a rapidly deployed and highly scalable turn-key solution that delivers solar powered charging with zero impact while lessening the impact of EVs on the grid and, as a result, their utility bills.

Invented and manufactured in California, the patented EV ARC™ fits inside a parking space, but does not reduce available parking, 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 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, individuals with disabilities, and other minority demographics and highly talented, mission-driven team members.

About Envision Solar International, Inc.

Envision Solar, www.envisionsolar.com, is a sustainable technology innovation company whose unique and patented products include the EV ARC™ and the Solar Tree® with EnvisionTrak™ patented solar tracking, SunCharge™ solar Electric Vehicle Charging, ARC™ technology energy storage, and EnvisionMedia solar advertising displays.

Based in San Diego, the company produces Made in America products. Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information visit www.envisionsolar.com or call (858) 799-4583.

Forward-Looking Statements

This Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this report other than statements of historical facts are forward-looking statements. Forward-looking statements are generally accompanied by terms or phrases such as "estimate," "project," "predict," "believe," "expect," "anticipate," "target," "plan," "intend," "seek," "goal," "will," "should," "may," or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size, and demand, prospective business contracts, customer orders, trends or operating results also constitute forward-looking statements. Our actual results may differ substantially from those indicated in forwarding-looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition, and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.

Contact:
Lucia Asbury
Envision Solar International, Inc.
(858) 799-4583
gosolar@envisionsolar.com

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press ReleasesGeneral
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...