New York City Awards Multi-Year Contract to Envision Solar to Purchase EV ARC(TM) Solar Powered EV Chargers
SAN DIEGO, CA--(Marketwired - May 18, 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 New York City has issued a three-year contract to purchase the Company's EV ARC™ products. The contract has a posted initial value of $3.8M and an optional one year renewal at the end of the three-year term.
New York City has announced that its first order will be for at least thirty EV ARC™ units in 2017, making it the largest single order of EV ARC™ products in the Company's history. The first units purchased through this contract were delivered last week (May 10th) and were featured at the City's 29th Annual Fleet Show at the Unisphere in Flushing Meadows. The EV ARC™ units charged EVs and supplied the event's power needs before being relocated to their permanent locations at the World's Fair Marina and Thomas Edison High School in Queens.
New York has also ordered the Company's unique ARC Mobility™ transportation system, which allows a single operator to pick up and move an EV ARC™ anywhere within a 1500-mile radius.
The EV ARC™ units will be deployed across the five boroughs and will deliver solar powered EV charging to the City's fleet of electric vehicles.
Using Envision's solar powered EV ARC™ products enables New York City to continue to execute on Mayor de Blasio's NYC Clean Fleet initiative. Fleet vehicles which charge from the EV ARC™ are 100% emissions free, which is not always the case with grid powered EV chargers.
The EV ARC™ product is also immune to grid interruptions, such as those experienced during hurricanes or terrorist or nefarious nation-state actions. New York's use of the solar powered chargers will ensure that fleet vehicles remain in service during grid failures. The EV ARC™ model selected by the City is capable of folding down during a hurricane. It continues to generate, store and deliver electricity in its low-profile hurricane configuration.
Each EV ARC™ is also equipped with an emergency power (E-Power) panel, which allows first responders and other vital personnel to use the EV ARC™ as an emergency generator during disasters or other grid outages.
New York City will avoid utility costs through the use of EV ARC™ solar powered EV chargers. The fact that they double as emergency generators which need not be stored, fueled or maintained will generate further economic benefits.