- Lightning Mobile charging stations offer rapid, 24/7 deployment
option for remote regions, peak power cost mitigation and fleet
charging in areas with limited infrastructure in place
- Modular design allows a variety of battery capacities and
outputs to accommodate different use cases
- Lightning Mobile uniquely positioned to support growing number
of fleet managers adopting electric vehicles
Lightning eMotors (NYSE: ZEV), a leading provider of zero
emission medium duty commercial vehicles and electric vehicle
technology for fleets, announced today the unveiling of its
second-generation Lightning Mobile chargers for commercial and
consumer electric vehicles (EV).
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220721005244/en/
Lightning Mobile is a versatile charging
solution usable in many scenarios (Image: Lightning eMotors)
Uniquely designed to accommodate a number of use-cases, the
first-of-its-kind mobile DC fast charger offers rapid deployment of
reliable charging capabilities in locations where static charging
stations are not possible or that only have Level 2 power
available—all without the constraints associated with installing
static charging stations.
Each modular unit offers between 105 to 420 kWh battery capacity
and provides the option of up to 5 DC fast-charging outputs. The
new systems are currently available to order for delivery in late
2022.
“We’re incredibly excited to bring our next-generation Lightning
Mobile charging solution to the market to address the growing need
for readily available, mobile, and flexible DC fast-charging,”
Lightning eMotors CEO Tim Reeser said. “Lightning Mobile provides a
much-needed charging solution for everything from mobile disaster
relief and rescue to intermittent charging points at facilities
like sports stadiums, which need an EV charging and power solution
in various locations. It can also serve as a short or medium-term
charging solution for fleets to rapidly deploy EVs while waiting
for permanent infrastructure to be installed.”
The next-generation Lightning Mobile solution was designed,
engineered and developed over a 12-month period of learnings from
operating the first-generation prototype. Engineers rigorously
tested the prototype and its capabilities to develop a next
generation charging capability which has been proven to be the
ideal solution for charging commercial trucks, vans, buses and cars
at remote locations, events and depots.
“A recent survey found that 90% of fleet managers believe
electric vehicles will be the future of commercial fleets,” said
Brandon McNeil, vice president of Lightning Energy. “Lightning’s
next generation mobile charger can support an accelerated rate of
electric commercial vehicle adoption while their depot charging is
being installed, a process that, unfortunately, can take a long
time.”
Lightning’s new mobile charging solution can accommodate a
variety of battery capacities and outputs to accommodate customer
use cases. The modular unit also features the same advanced
technologies as Lightning’s powertrains, including active thermal
management for optimum battery performance and longevity and
sophisticated telematics/analytics to optimize overall fleet
operations and vehicle safety.
To accommodate both short- and long-term use cases, Lightning
Mobile will be available for purchase or via variable term lease
and rental agreements. Please contact info@lightningemotors.com for
additional information.
About Lightning eMotors
Lightning eMotors (NYSE: ZEV), based in Loveland,
Colorado, has been providing specialized and sustainable fleet
solutions since 2009, deploying complete zero-emission-vehicle
(ZEV) solutions for commercial fleets since 2018 – including Class
3 cargo and passenger vans, Class 4 and 5 cargo vans and shuttle
buses, Class 4 Type A school buses, Class 6 work trucks, Class 7
city buses, and motor coaches. The Lightning eMotors team designs,
engineers, customizes, and manufactures zero-emission vehicles to
support the wide array of fleet customer needs including school
buses and ambulances, with a full suite of control software,
telematics, analytics, and charging solutions to simplify the
buying and ownership experience and maximize uptime and energy
efficiency. Lightning eMotors also offers charging technologies and
“charging as a service” (CaaS) to commercial and government fleets
via its Lightning Energy division. To learn more, visit
https://lightningemotors.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, as amended. Such forward-looking statements include, but are
not limited to, the expected acceleration in EV deployment that a
mobile charging solution will lend to fleet deployment, anticipated
production dates, and Lightning eMotors’ expectations, hopes,
beliefs, intentions, plans, prospects or strategies regarding the
future business plans. Any statements contained herein that are not
statements of historical fact may be deemed to be forward-looking
statements. In addition, any statements that refer to projections,
forecasts or other characterizations of future events or
circumstances, including any underlying assumptions, are
forward-looking statements. The words “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “intends,” “may,”
“might,” “plan,” “possible,” “potential,” “predict,” “project,”
“should,” “would” and similar expressions may identify
forward-looking statements, but the absence of these words does not
mean that a statement is not forward-looking. The forward-looking
statements contained in this press release are based on certain
assumptions and analyses made by the management of Lightning
eMotors in light of their respective experience and perception of
historical trends, current conditions and expected future
developments and their potential effects on Lightning eMotors as
well as other factors they believe are appropriate in the
circumstances. There can be no assurance that future developments
affecting Lightning eMotors will be those anticipated. These
forward-looking statements contained in this press release are
subject to known and unknown risks, uncertainties, assumptions and
other factors that may cause actual results or outcomes to be
materially different from any future results or outcomes expressed
or implied by the forward-looking statements. These risks,
uncertainties, assumptions and other factors include, but are not
limited to: (i) those related to Lightning eMotors’ operations and
business and financial performance; (ii) the ability of Lightning
eMotors to execute on its business strategy and grow demand for its
products and revenue; (iii) the potential increases in costs or
shortage of materials required to develop and manufacture Lightning
eMotors’ products; (iv) the potential severity, magnitude and
duration of the COVID-19 pandemic as it affects the business
operations, global supply chains, financial results and position of
Lightning eMotors and on the U.S. and global economy; (v) current
market conditions and federal, state, and local laws, regulations
and government incentives, particularly those related to the
commercial electric vehicle market; (vi) the size and growth of the
markets in which Lightning eMotors operates; (vii) the mix of
products utilized by Lightning eMotors’ customers and such
customers’ needs for these products; (viii) market acceptance of
new product offerings and whether this will be a catalyst for
others to purchase electric vehicles and (ix) the rate at which
customers deploy its electric vehicles and other products. These
and other risks are described more fully in Lightning eMotors’
filings with the Securities and Exchange Commission and other
documents that it subsequently files with the SEC from time to
time. Moreover, Lightning eMotors operates in a competitive and
rapidly changing environment, and new risks may emerge from time to
time. You should not put undue reliance on any forward-looking
statements. Forward-looking statements should not be read as a
guarantee of future performance or results and will not necessarily
be accurate indications of the times at, or by, which such
performance or results will be achieved, if at all. Should one or
more of these risks or uncertainties materialize or should any of
the assumptions being made prove incorrect, actual results may vary
in material respects from those projected in these forward-looking
statements. Lightning eMotors undertakes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required
under applicable securities laws.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220721005244/en/
Nick Bettis (800) 223-0740
pressrelations@lightningemotors.com
Lightning eMotors (NYSE:ZEV)
Historical Stock Chart
From Mar 2024 to Apr 2024
Lightning eMotors (NYSE:ZEV)
Historical Stock Chart
From Apr 2023 to Apr 2024