General Motors Selects AeroVironment EVSE-RS as Official Home Charging Station for 2017 Chevrolet Bolt EV

  • AeroVironment’s 32-Amp EVSE-RS charges up to 5 times faster than
    standard cordsets
  • Provides safe, smooth, dependable charge – indoor or outdoor
  • Builds on General Motors and AeroVironment’s pioneering EV innovation

MONROVIA, Calif.–(BUSINESS WIRE)–General
Motors Company
(NYSE: GM) has named AeroVironment,
Inc.’s
(NASDAQ: AVAV) EVSE-RS as the official charging
station accessory for its all-new, all-electric 2017 Chevrolet Bolt EV.


Making its debut in California and Oregon late this year, the highly
anticipated, all-electric Chevrolet Bolt EV features an EPA estimated
range of 238 miles per charge. With a starting MSRP of $37,495, before
available tax incentives, the Bolt EV offers double the range of
existing EVs in the same price range.

“We selected AeroVironment due to their strong brand recognition,
reputation for reliability, and decades of leadership in supporting
EVs,” said Darin Gesse, Bolt EV Product Manager. “In addition, their
EVSE-RS provides proven performance, making AeroVironment a great
partner for Chevrolet.”

As an official accessory, AeroVironment’s EVSE-RS charging station will
be labeled with its own GM part number and will be available through
Chevrolet dealerships. The level 2 EVSE-RS can charge up to five times
faster than standard cordsets and is easy to use, elegantly designed for
indoor or outdoor operation and equipped with advanced safety features.
It is rigorously tested beyond UL requirements to meet strict internal
and external quality standards ensuring world class safety and
reliability.

“Our broad array of EV charging solutions is helping to make EV
ownership more efficient and practical, by offering convenient
residential and workplace options for drivers who are looking to charge
their EVs faster and more affordably. GM’s selection of our EVSE-RS is a
strong validation of our approach,” said Ken Karklin, Vice President and
General Manager, Efficient Energy Systems for AeroVironment. “We worked
alongside GM to usher in the age of the modern EV and we collaborate
once more to deliver range, reliability and certainty to a new
generation of EV drivers with the launch of the game-changing Chevrolet
Bolt EV.”

About AeroVironment, Inc.

AeroVironment (NASDAQ: AVAV) provides customers with more actionable
intelligence so they can proceed with certainty. Based in California,
AeroVironment is a global leader in unmanned aircraft systems, tactical
missile systems and electric vehicle charging and test systems, and
serves militaries, government agencies, businesses and consumers. For
more information visit www.avinc.com.

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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
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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
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not limited to: the activities of competitors; failure of the markets in
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develop new products or integrate new technology with current products;
and general economic and business conditions in the United States and
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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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Contacts

AeroVironment, Inc.
Steven Gitlin, +1-626-357-9983
pr@avinc.com