AeroVironment Wins Contract


AeroVironment Inc. has been selected to supply, install, and support a network of electric vehicle recharging stations in South Carolina, a project designed to make that state the first EV-ready in the country.

The Monrovia company, which develops unmanned aerial vehicles as well as electric car charging infrastructure, said last week that it was awarded the contract by Plug In Carolina, a nonprofit supported by South Carolina Electric & Gas Co., Duke Energy, Santee Cooper and Lockhart Power.

The installation will be funded by two state grants from the South Carolina Energy Office, but the value to the deal was not disclosed. The network is expected to be in place by Dec. 1.

“Refueling infrastructure is critical for the mass acceptance of clean electric vehicles,” said Mike Bissonette, senior vice president and general manager of AeroVironment’s Efficient Energy Systems segment. “The move to EVs is demonstrating momentum now, and reliable charging systems for both the home and in the public will be essential for the full-scale, practical adoption of electric cars.”

Shares were up 17 cents, or less than a percent, to $25.65 in midday trading on the Nasdaq.

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