AeroVironment and eMotorWerks Team Up to Offer Smart Advanced Electric Vehicle Charging Solutions for EV Customers and Utilit...
March 28 2017 - 9:10AM
Business Wire
- eMotorWerks’ smart grid technology
expands AeroVironment’s smart product capabilities for EV
customers
- eMotorWerks’ JuiceNet platform offers
cloud-connected and intelligent grid charging solutions, including
green-charging for renewables
- AeroVironment’s chargers, selected by
eight global auto manufacturers and combined with eMotorWerks’
innovative cloud technology, deliver unique and compelling EV
charging solutions
Both customers and electric utilities across the US are set to
gain more options and control over electric vehicle charging
through the collaboration of AeroVironment, Inc. (NASDAQ: AVAV), a
leader in electric vehicle (EV) charging and the preferred electric
vehicle charging solution supplier for eight global automakers, and
eMotorWerks, a leading provider of intelligent and cloud-connected
smart-grid charging solutions. By integrating eMotorWerks’ JuiceNet
smart-grid EV charging platform into AeroVironment’s line of
consumer and OEM EV charging solutions, both companies aim to
provide increased charging capabilities to customers and electric
demand load aggregation for utilities.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20170328005689/en/
The AeroVironment EVSE-RS with built-in
JuiceNet technology and connected JuiceNet Mobile App (Photo:
Business Wire)
“Our goal is to help our customers succeed by providing them
with valuable capabilities, and our new relationship with
eMotorWerks helps us achieve that goal,” said Ken Karklin, vice
president and general manager, Efficient Energy Systems for
AeroVironment. “Like AeroVironment, eMotorWerks is an innovative
company, and working together we look forward to helping EV drivers
and utilities proceed with certainty.”
AeroVironment charging solutions with integrated eMotorWerks’
JuiceNet will enable EV drivers to gain benefits that include
smartphone, web and Amazon Alexa voice control over charging, real
time and historic energy usage for cars, notifications of charging
status, load balancing two or more EVSEs on the same electrical
circuit to share the load while avoiding tripping breakers, and
setting charging schedules that correspond to lower utility rates,
saving customers money on charging.
For electric utilities, the JuiceNet integration, via open APIs
and industry standards such as OpenADR, makes it possible to
aggregate fleets of charging EVs. Such a high level of control over
EV charging load allows utilities to modulate energy demand on the
grid, and to shift and spread out EV charging loads to times when
renewable resources are more abundant or energy rates are
lower.
“AeroVironment is a recognized industry pioneer and leader in EV
charging solutions,” said Valery Miftakhov, founder and CEO of
eMotorWerks. “Drivers and car manufacturers will get the best of
both worlds through integrating our cloud solutions with
AeroVironment’s broad range of safe, proven, EV charging solutions.
Together we will offer the best products to our customers to power
the continued adoption of EVs.”
The integration of eMotorWerks’ market-leading solutions for
smart-grid charging enables EV drivers to control their charging
via smartphone applications, and in certain geographies, earn
frequent charging rewards through eMotorWerks’ exclusive platform
and utility partnerships. Drivers can also optimize the mix of
renewable energy used when charging their vehicles. JuiceNet has
the capability to increase the relative percentage of renewable
energy used to charge a driver’s EV by setting the “Green Charging”
feature. Charge times are automatically optimized to match the
periods of highest renewable energy generation on the grid. In
certain California geographies customers can earn rewards dollars
for using this feature, which will be expanding in the future to
locations outside of California.
More information about AeroVironment’s EV charging solutions is
available at www.evsolutions.com.
About AeroVironment
AeroVironment (NASDAQ: AVAV) provides customers with more
actionable intelligence so they can proceed with certainty. Based
in California, AeroVironment is a global leader in electric vehicle
charging and test systems, and unmanned aircraft systems, and
serves businesses, consumers, and government agencies. For more
information visit www.avinc.com.
About eMotorWerks
Founded in 2010, and based in the San Francisco Bay Area,
eMotorWerks is revolutionizing the electric vehicle (EV) charging
market with its JuiceNet-enabled smart grid EV charging solutions.
JuiceNet enabled devices, such as the company’s connected,
high-power JuiceBox charging stations, maximize charging efficiency
and speed while providing EV owners intuitive control and
visibility. By shifting when and how much electricity
JuiceNet-enabled stations draw from the grid, eMotorWerks helps
utilities and grid operators reduce electricity costs, ease grid
congestion, and maximize the use of solar and wind power.
eMotorWerks contracts with grid operators for those services and
shares back a portion of proceeds to EV drivers via upfront
purchase discounts and ongoing rewards for smart-grid charging. For
more information on eMotorWerks, visit www.emotorwerks.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; our reliance on sales to the U.S.
government; changes in the timing and/or amount of government
spending; changes in the supply and/or demand and/or prices for our
products and services; 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, including our
most recent Annual Report on Form 10-K and Quarterly Reports on
10-Q. 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170328005689/en/
AeroVironment, Inc.Steven Gitlin, +1 (626)
357-9983pr@avinc.comorFor AeroVironment, Inc.Mark Boyer, +1 (310)
229-5956mark@boyersyndicate.comoreMotorWerksTyler Allen, +1 (225)
205-8107tyler@technicacommunications.com
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