AeroVironment’s electric fueling stations are situated at 25-mile intervals along the Beaver State’s Interstate 5, allowing drivers to travel carbon/emission-free from Ashland to Portland, a 160-mile stretch. The company will unveil 40 stations in Oregon and Washington by the end of the year. Interstate 5 runs 1,350 miles from Baja to British Columbia. Oregon is the first state to establish an electric vehicle charging infrastructure along a single major roadway. The program was financed by the American Recovery and Reinvestment Act.
AeroVironment, which also makes unmanned aircraft, is based in Monrovia, Cal. It earned $12.6M on $214M revenues for the nine-month period ended January.
Fleishman’s John Soriano and Geoff Mordock work the AeroVironment business.
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