AeroVironment (AVAV) Receives UL Listing For Home Electric Car Charging Station

Posted by | # |
10:30:42 am on September 10, 2010

AeroVironment (AVAV) announced yesterday it received Underwriters Laboratories (UL) listing for its electric car home charging stations.  This clears the way for the installations of the charging systems to begin at homes this fall in preparation for the launch of the electric vehicle of a major auto manufacturer according to a press release.  I believe they are referring to the launch of the Nissan Leaf since Nissan chose the AVAV charging system back in January, but I’m sure other manufacturers will get on board at some point.

Click Here For Your FREE Aerovironment Analysis

“With two major automakers planning to introduce plug-in electric vehicle models in November and December, the time for safe and practical charging infrastructure is now. Electric charging stations at home, work, and on the road will give drivers a broad range of convenient refueling options,” said Mike Bissonette, AV senior vice president and general manager, Efficient Energy Systems business segment.

Shares of AVAV have struggled all year and continue to struggle, but this remains a solid, profitable company that generates decent revenue from unmanned drones, but continues to look for ways to transform itself into a green company through rooftop wind power and electric charging stations. 

Tags: , ,
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.


No comments yet.

Leave a comment