SAN DIEGO, CA–(Marketwired – December 19, 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 it demonstrated the rapid and scalable deployment of its EV ARC™ product equipped with a ChargePoint Level II, 240v, EV charger for a group of San Diego region government officials.
The demonstration was performed, unrehearsed, at the Company's Taco and Beer event on December 12th in San Diego, California. In attendance were officials from local cities, counties, universities, airports and other municipal organizations. The event was specifically coordinated to demonstrate what the Company believes is the fastest and most scalable permanent 240v Level II charging infrastructure solution. With zero cost of construction and no utility bills, the Company believes that its EV ARC™ product also delivers the lowest cost of lifetime ownership in many EV charging scenarios.
While grid-tied EV charging infrastructure can take between nine to twelve months to plan, permit, engineer and install, Envision successfully deployed a ChargePoint charger in eight minutes. Using the ARC Mobility™ transportation solution the EV ARC™ equipped with a ChargePoint charger was deployed in a parking space in front of the audience during the event. Because the EV ARC™ product requires no construction or electrical work it is simply lowered into the parking space ready to operate.
“California is going to need thousands of charging locations to service the rapidly growing fleet of EVs on our roads,” said Envision Solar CEO Desmond Wheatley. “We have to have a faster and more efficient method for rapidly scaling the infrastructure and EV ARC is it. What we do in eight minutes takes months for grid tied solutions and we offer EV charging free of utility bills and immune to blackouts. We have demonstrated our ability to do this across the US and also internationally. That's American innovation for you.”
EV ARC™ units are already providing EV charging and emergency power capabilities to New York City, CALTRANS and many other counties and cities in the US. The EV ARC™ product is the only EV charging solution which generates and stores its own electricity and which is rapidly deployable and transportable. Typical installations take less than 15 minutes. EV ARC™ products do not require fuel and as such are a more secure source of electricity during prolonged grid outages.
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.
About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, is a sustainable technology innovation company who's 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 (760) 420-6569.
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.
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