Envision Solar International, Inc. (NasdaqCM: EVSI) ("Envision Solar," or the "Company"), the leading renewably energized EV charging, outdoor media and energy security products company, announced today that it has received a $2 million investment from Electrify America, LLC
This investment is part of Electrify America's larger effort to increase access to Zero Emission Vehicle (ZEV) charging infrastructure nationwide. Under the agreement, Envision Solar will deploy electric vehicle (EV) parking spaces outfitted with its Solar Tree® product line at multiple Electrify America charging station sites. The Company will also provide operational support services for the Solar Trees®.
"As part of our mission to support the transition to EVs, it is important to partner with companies like Envision Solar that can provide innovative charging solutions," said Gino DiCarlo, vice president of operations at Electrify America. "We are pleased to be working with Envision Solar to bringEV charging to more people across the country."
"We are thrilled to have been selected by Electrify America as a partner to help increase the availability of EV charging stations nationwide," said Desmond Wheatley, CEO of Envision Solar. "This investment further validates the strength of our Solar Tree® product line as a critical component of the infrastructure needed to support the mass adoption of EVs."