SOURCE: Envision Solar International, Inc.
SAN DIEGO, CA--(Marketwired - February 06, 2014) -
Envision Solar International, Inc., (OTCQB: EVSI) ("Envision Solar," or the "Company"), the leading renewable energy Media and Branding product company, announced today that its first product produced for export is in transit to a customer in Brazil. The EV ARC™ was acquired by a zero emissions scooter manufacturer and sold as part of a bundled offering which included four electric motor cycles.
The EV ARC™ is a cost-effective, easy-to-install, standalone solar charging station that requires no foundation, no trenching, no building permit and no grid connection.
This order demonstrates the EV ARC™ exportability and also another dynamic use case for the product. According to a new report from Pike Research, the number of e-motorcycles and e-scooters on the road will increase from 17 million in 2011 to 138 million by 2017. A large proportion of those vehicles will be used in locations where the electric grid is unreliable and the introduction of renewably energized charging infrastructure will be vital.
Desmond Wheatley, CEO of Envision Solar, stated, "We are very happy to be contributing a unique and meaningful solution to this rapidly growing global market. Our ability to ship our EV ARC™ product to overseas markets opens huge new opportunities for growth for our company. The use of motorcycles and scooters in Europe, South America and particularly Asia is far more widespread than it is here in the US. The fact that EV ARC™ is just as useful for charging two wheeled vehicles as it is for four means that we have a solution that can serve large segments of the world's population and we have the ability to deliver it to them."
Invented, engineered and manufactured in the United States, the EV ARC™ fits inside a standard parking space and generates approximately 16 to 20 kWhrs per day that are stored and ready for use in the 22 kWh on board battery storage. The system's clean solar electrical generation is enhanced by EnvisionTrak™ which enables the solar array to follow the sun, generating 18 to 25 percent more electricity than a conventional fixed array.
According to Navigant Research, e-motorcycles and e-scooters are already used in significant numbers in China and other parts of Asia Pacific, due in large part to urbanization trends, and people in many countries are accustomed to using two-wheel vehicles as a primary mode of transportation. In other regions, improving customer perception, government incentives, and high petroleum fuel costs all contribute in some part to the demand growth for electric motorcycles and scooters.
The growth in the numbers of e-motorcycles on the road will call for significant increases in the infrastructure required to support them.
Contact the Company for more information on EV ARC.
About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, designs, manufactures and deploys unique, proprietary and architecturally accretive renewable energy media and branding systems with a Drag & Drop Infrastructure™ product line. The company's flagship products include the patent pending EV ARC™, patented Solar Tree® array and Solar Tree®
Socket™ solar media and branding platforms with EnvisionTrak™, a proprietary and patent pending solar tracker, and SunCharge™ Column Integrated Electric Vehicle Charging Stations.
Based in San Diego the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company's commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the "Green Halo." Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information on Envision Solar, visit www.envisionsolar.com or call (866) 746-0514.
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.