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Balqon Corporation Installs AeroVironment's PosiCharge® Fast Charge System at Port of Los Angeles to Power Electric Trucks

Dec 18, 2008

MONROVIA, Calif., Dec. 18, 2008 - AeroVironment, Inc. (AV) (NASDAQ: AVAV) today announced that Balqon Corporation (OTC:BLQN), a developer of heavy duty electric trucks, tractors and electric drive systems, has purchased a new high voltage version of AV's PosiCharge fast charge systems as part of a program to replace internal combustion yard tractors with electric propulsion vehicles at the Port of Los Angeles.

Toyota Material Handling and AeroVironment Announce Alliance to Market PosiCharge® Battery Fast Charge Systems

Sep 16, 2008

IRVINE, Calif. - (September 16, 2008) - Toyota Material Handling, U.S.A., Inc. (TMHU), the number one lift truck supplier in the United States, and AeroVironment, Inc. (AV), the number one battery fast charge system manufacturer, have established an alliance to market AV's PosiCharge fast charge systems. PosiCharge systems are now available through 68 authorized Toyota Industrial Equipment dealers with 190 locations throughout the United States.

"Beyond pushing the bounds of product innovation, one of Toyota's goals is to support environmentally appropriate and socially beneficial initiatives contributing to a cleaner environment," said Shankar Basu, president and CEO of TMHU. "This alliance with AeroVironment furthers Toyota's 'green thinking' philosophy by promoting high-quality PosiCharge products, which benefit the environment and our customers in numerous ways."

AeroVironment Awarded Patent for Core Battery Charging Technology

Sep 18, 2007

MONROVIA, Calif., Sept. 18, 2007 -- AeroVironment, Inc. (AV) (NASDAQ: AVAV), a leader in unmanned aircraft systems and efficient electric energy systems, has been granted a patent by the United States Patent and Trademark Office (USPTO) for a battery charging innovation that enables simultaneous or parallel charging of multiple batteries. The USPTO awarded AV patent No. 7,256,516 titled, "Battery charging system and method," on August 14.

Filed in 2003, the new patent expands upon AV's intellectual property portfolio in the area of battery charging technology. The patented technology enables AV's customers to overcome limitations associated with traditional sequential charging technologies. Using proprietary power management controllers and intelligent algorithms, the technology distributes electrical power based on the unique power needs of each battery to support industrial and on-road electric vehicle applications. The technology results in reduced charging times, minimizes the need for electrical infrastructure at customer sites, and supports increased operating productivity.

PosiCharge® Named Sole Supplier for Multi-Facility Fast Charge Deployment at Del Monte Foods

Mar 31, 2005

MONROVIA, Calif., March 31 2005: PosiCharge®, the industrial fast charger division of AeroVironment, today announced that Del Monte Foods has chosen the company as the sole supplier for its multi-facility fast charge deployment to convert internal combustion forklifts to electric at selected facilities. The multi-year conversion program will eliminate battery changing rooms at applicable facilities as well as improve productivity and reduce operating costs.

"We have been very impressed with PosiCharge's robust technology and the company's ability to implement turn-key solutions in a variety of applications," said Glen Lewis, Western Region Procurement Manager, Del Monte Foods. Our company has implemented aggressive energy-saving and employee safety programs at our plants and distribution centers. At applicable locations, PosiCharge's technology will enable a smooth transition from internal combustion to electric forklifts while improving overall facility productivity and costs.

CASE STUDY: PosiCharge® Technology Saves Time and Money at Ford (Courtesy of Ford Motor Company)

Mar 29, 2005

DEARBORN, March 29, 2005 (FCN) -- Better air quality in the plants and less noise are just two of the benefits employees will realize as North American plants switch from combustion engine forklifts and tow motors to all electrically powered vehicles. Other advantages of the change include space savings in the plants and an estimated $5 million savings to the company's bottom line each year said Roger Tenney, manager, Industrial Vehicle Strategy and Engineering.

"We've been working on trying to reduce the number of combustion engine vehicles in our plants for a number of years," said Tenney. "But we had to put a hold on the process until technology caught up with our needs."

Ford Motor Company Selects PosiCharge® as Supplier for Company-Wide Fast Charge Rollout

Jan 10, 2005

CHICAGO , At ProMat 2005, Jan. 10, 2005 - PosiCharge®, the industrial fast charger division of AeroVironment, today announced that Ford Motor Company has selected the company for its system-wide deployment of fast charge technology throughout its manufacturing operations. In the first phase, PosiCharge will facilitate the seamless replacement of all of Ford's internal combustion material handling vehicles with electric vehicles. As the rollout continues, PosiCharge will help Ford Motor Company to discontinue reliance on battery rooms.

"Ford's selection of PosiCharge to support this major corporate initiative represents a significant milestone for our company and for fast charging in general," said Pat Dellario, vice president and general manager, PosiCharge. "It validates the success we have had in implementing fast charging at Ford over the last four years. In addition to reducing operational costs, this program will dramatically reduce the potential for injuries due to battery handling, cross-plant traffic, and hazardous material spillage."

SYSCO Food Services Fast Charge Results In EXTENDED BATTERY LIFE

Sep 18, 2004

The ongoing testing is managed by Motive Energy, a California-based Deka battery distributor and performed on a battery powered solely by PosiCharge® fast chargers. The battery has been in service for nearly two years.

The 36V 1000Ah battery has been working two shifts a day in a heavy-use reach truck, both in the dry and cold areas of one of SYSCO Food Services' state-of-the-art operating companies located in Las Vegas. The test shows that the battery has retained 106 percent of its rated capacity. In a recent letter, Steve Carter, sales manager of Motive Energy, stated that SYSCO Food Services "should expect five to six years of total life from the battery."

Tibbett and Britten Group member company, Evergreen Logistics, Implements PosiCharge®

Jan 22, 2004

TORONTO, Ontario and MONROVIA, Calif. Tibbett & Britten Group, one of the world's leading third-party logistics companies, today announced that its member company, Evergreen Logistics, has implemented a 15-port PosiCharge® system for its facility in Conway, Ark. The PosiCharge productivity-enhancing system eliminates the need for a battery changing room at the distribution center.

The new PosiCharge system provides energy to 15 Hyster 48-volt sit-down forklifts within the 665,000-square-foot facility, which runs various four-day, five-day and weekend shifts, operating seven days a week, 52 weeks a year.

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