Hyundai Motor America Picks AeroVironment to Provide Dealer Charging Stations for the All-new 2016 Sonata Plug-in Hybrid Model

November 24, 2015
  • AeroVironment to provide reliable and easy-to-use EV charging stations in Hyundai dealerships
  • Hyundai becomes the seventh major auto manufacturer to choose AeroVironment as its preferred dealer charging station provider
  • Hyundai drivers have the option to purchase AeroVironment’s portable TurboCord charging system or its wall-mounted EVSE-RS charging station

SIMI VALLEY, Calif., Nov. 24, 2015 – Hyundai Motor America has selected AeroVironment, Inc. (NASDAQ:AVAV) as the preferred provider for charging system installation at its dealerships across North America for its all-new 2016 Hyundai Sonata Plug-in Hybrid. Hyundai is the seventh plug-in electric vehicle (EV) auto manufacturer to choose AeroVironment as one of its suppliers.

The 2016 Sonata Plug-in Hybrid comes with a high-capacity lithium-polymer hybrid battery system that delivers an all-electric range of 27 miles before switching to hybrid mode. The Sonata Plug-in Hybrid also comes with a lifetime hybrid battery warranty.

The AeroVironment 240-volt TurboCord and the EVSE-RS charging station can charge the Sonata Plug-in Hybrid in less than three hours versus the approximate nine hours needed using a standard 120-volt charging cable. AeroVironment’s UL-listed products can be installed indoors or outdoors, making it easy to locate the station in the most convenient location.

”Having your own charging station right in your garage or driveway gives Hybrid and EV drivers a special kind of freedom. It makes charging a car as easy as charging a cell phone,” said Ken Karklin, AeroVironment senior vice president and general manager of its Efficient Energy Systems business segment. “AeroVironment’s portfolio of EV charging solutions gives the Hyundai Sonata Plug-in Hybrid and other EVs the benefits and convenience of faster charging and cleaner driving at home and on the road.”

Hyundai owners can purchase AeroVironment home chargers and installation when purchasing their vehicles at the Hyundai dealership. AeroVironment-certified, licensed electricians, who are also specially qualified to support EV drivers, perform on-site installation and services.

AeroVironment is the preferred integrated home charging solution supplier for seven global automakers and their growing fleets of plug-in electric vehicles. The company’s broad line of charging systems includes the 240-volt TurboCord and the EVSE-RS home charging station, which can be ordered online. More information on AeroVironment’s EV charging solutions can be found at www.evsolutions.com.

About Hyundai Motor America

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 830 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle limited warranty, Hyundai’s 10-year/100,000-mile powertrain limited warranty, and five years of complimentary Roadside Assistance. Hyundai Blue Link Connected Care provides owners of Hyundai models equipped with the Blue Link telematics system with proactive safety and car care services complimentary for one year with enrollment. These services include Automatic Collision Notification, Enhanced Roadside Assistance, Vehicle Diagnostic Alert, Monthly Vehicle Health Report and in-vehicle service scheduling.


About AeroVironment, Inc. (AV)

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.


Safe Harbor Statement

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 uncertainties, including, but not limited to, economic, competitive, 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 differ materially from the forward-looking statements include, but are not limited to, our ability to perform under existing contracts and obtain additional contracts; changes in the regulatory environment; the activities of competitors; failure of the markets in which we operate to grow; failure to expand into new markets; failure to develop new products or integrate new technology with current products; and general economic and business conditions in the United States and elsewhere in the world. For a further list and description of such risks and uncertainties, see the reports we file with the Securities and Exchange Commission. 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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Contact:
AeroVironment, Inc.
Steven Gitlin
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Mark Boyer
For AeroVironment, Inc.
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