Envision Solar Deploys First EV ARC™ Transportable Solar-Powered EV Charger in Europe
SAN DIEGO, CALIF. – (Sept. 1, 2016) – Envision Solar International, Inc., (OTCQB: EVSI) (“Envision Solar,” or the “Company”), the leading renewable energy, media and branding and EV charging product company, announced today that the first deployment of its EV ARC™ product in Europe has been successful.
The EV ARC™ transportable solar-powered EV charger is deployed at the Port of Malaga in Spain and is being used by port employees and official visitors. BMW, Porsche, Nissan and Mitsubishi will also use the unit to demonstrate a variety of electric vehicles and promote the benefits of driving on sunshine. Premium Automotor of Marbella-Malaga will showcase both the BMW i8 and BMW i3 models on the EV ARC™ product in the coming weeks.
The EV ARC™ product was shipped to Spain in pieces and assembled at Envision’s facility in Malaga, before the unit was deployed at the Port of Malaga.
Envision Solar is committed to expanding its business in international markets with a particular emphasis on the EU. According to Amsterdam Round Tables in collaboration with Mckinsey and Company, the European Union’s Clean Fuel Directive sets a target of 800,000 publicly accessible charging stations to be installed by 2020, with additional individual targets being set for each member state. The EUs clean energy policies and ambitious EV targets make it an ideal market for solar-powered EV charging.
“We are excited to have this solar-powered EV charger in Malaga,” said Aquilino Ornia, CEO of Aconfort and Managing Director of Envision EU. “We have observed that the EV market is growing rapidly in Europe and until now, we have lacked rapidly deployable and scalable solutions. We think we’ll see a day when we see EV ARCs on every street.”
“This successful deployment of EV ARC in Europe shows that our solar-powered EV charging stations can go where the money is,” said Desmond Wheatley, CEO of Envision Solar. “The EU in general and each of the member states have made strong commitments to deploy the infrastructure needed to charge EVs. We intend to be there to service their needs with our proven patented products.”
Invented and manufactured in California, the EV ARC™ product fits inside a parking space and does not reduce available parking in any way. It generates enough clean, solar electricity to power up to 150 miles of EV driving each day. The system’s solar electrical generation is enhanced by the patented EnvisionTrak™ system, which causes the array to follow the sun, generating 18 to 25 percent more electricity than a fixed array. The energy is stored in the EV ARC™ product’s energy storage for charging day or night. 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.
About Envision Solar International, Inc.
Envision Solar designs, manufactures and deploys unique, renewably energized, EV charging and media and branding systems. The Company’s products include the patented EV ARC™ and Solar Tree® product lines. All of the Company’s products can be enhanced with EnvisionTrak™ patented solar tracking, ARC Technology™ energy storage, SunCharge™ Electric Vehicle Charging Stations and digital advertising packages.
Based in San Diego, the company integrates the highest quality components into its 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 866-746-0514.
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 forward-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.