AeroVironment Inc. announced Monday Nissan North America will use the Monrovia company’s electric vehicle home-charging stations and installation services for the all-electric Nissan Leaf.
“This is our first deal of its kind for the home charging stations,” said Steven Gitlin, a spokesman for AeroVironment. “We’ve been working on electric vehicle technology for 20 years but are now ready to start seeing it used widely in homes.”
Gitlin declined to specify how much the deal was worth, but company officials in the past estimated each home charging station will range in cost from $500 to $1,000, and Nissan plans to roll out 5,000 Leafs for its first year, starting in December.
AeroVironment’s Nissan charging stations will be available at the sale of each Nissan Leaf as part of the vehicle’s total driving system.
AeroVironment’s nationwide network of contracted licensed electricians will evaluate carbuyers’ homes for suitability before the car sale is closed, and if the house can handle the electricity, will install the charging stations. It will take eight hours to fully charge the Nissan Leaf from zero.
“Our selection as Nissan’s preferred charging equipment and service provider, for what we believe will be the largest adoption of battery electric cars in history, represents a great opportunity,” Tim Conver, AV’s chairman and chief executive, said in a statement.
Nissan announced the supply agreement at the North American International Auto Show in Detroit, where the Nissan Leaf was being displayed for international media Monday and Tuesday.
Shares closed up by $1.77, or 6 percent, at $30.85 in Monday’s trading on the Nasdaq.
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