Ford Selects AeroVironment to Provide Complete Home Charging Solution for Plug-In Electric Vehicle Customers

  Ford Selects AeroVironment to Provide Complete Home Charging Solution for
  Plug-In Electric Vehicle Customers

  *AeroVironment becomes Ford’s sole provider of turnkey charging station
    installation, warranty service and onsite support
  *A 240-volt charger will cut charge time by more than half for Ford plug-in
    vehicles: C-MAX Energi, Fusion Energi and Focus Electric
  *One-day installation and cash-and-carry purchase of Ford branded charging
    stations now available

Business Wire

MONROVIA, Calif. -- May 9, 2013

AeroVironment, Inc. (NASDAQ: AVAV) today announced its selection by Ford Motor
Company as the preferred installation partner and authorized charging station
supplier for the Ford Focus Electric, C-MAX Energi and Fusion Energi plug-in
electric vehicles. Ford plug-in customers can now purchase a Ford-approved
240-volt charger and schedule a turnkey professional installation with a
single telephone call to AeroVironment at 1 (888) 219-6747. Soon customers
will also have a web-based option for ordering their home charging package or
purchasing their charging station.

AeroVironment becomes Ford's sole provider of turnkey home charging station
(pictured) installation, ...

AeroVironment becomes Ford's sole provider of turnkey home charging station
(pictured) installation, warranty service and onsite support. (Photo: Business
Wire)

AeroVironment brings extensive experience in plug-in electric vehicle charging
solutions to Ford, with more than 11,000 charging stations deployed across
North America. In addition to charging hardware, the company also offers the
convenience of turnkey, professional installation performed by its nationwide
network of certified installers and supported by a three-year onsite parts and
labor warranty. Many customers will have the opportunity to schedule a
charging station installation in a single visit, without the need for a
preliminary site consultation, depending on local regulations and the layout
of their property.

“AeroVironment looks forward to delivering a complete home charging solution
to Ford plug-in customers so they can enjoy the benefits and convenience of
faster charging and cleaner driving,” said Wahid Nawabi, AeroVironment senior
vice president and general manager of its Efficient Energy Systems business
segment. “Turning home garages into electric vehicle refueling stations with a
single telephone call is one of several ways we work with transportation
leaders like Ford to make it easy for drivers to enjoy the benefits of plug-in
electric vehicles.”

AeroVironment’s 240-volt home charging package gives plug-in drivers more time
and freedom. Ford’s plug-in hybrid models, C-MAX Energi and Fusion Energi,
will recharge in 2.5 hours, giving drivers another 21 miles of all-electric
driving. The Focus Electric will be ready for 76 miles of all-electric driving
in less than 4 hours. By comparison, charging the Focus Electric from a
standard 120-volt wall outlet can require 18 to 20 hours for a full recharge.

About AeroVironment

AeroVironment is a technology solutions provider that designs, develops,
produces, operates and supports an advanced portfolio of electric
transportation solutions and electric-powered Unmanned Aircraft Systems (UAS).
AeroVironment’s comprehensive EV charging solutions include EV home charging,
public charging, fast charging, data collection, grid-integrated
communications and complete installation, training and support services for
consumers, automakers, utilities, government agencies and businesses.
AeroVironment’s industrial electric vehicle charging systems support thousands
of electric materials handling vehicles in mission-critical supply chains for
Fortune 500 enterprises. AeroVironment’s power cycling and test systems
provide EV developers and EV battery manufacturers with market-leading
simulation and cycling capabilities. Agencies of the U.S. Department of
Defense and allied military services use the company’s electric-powered,
hand-launched unmanned aircraft systems to provide situational awareness to
tactical operating units through real-time, airborne reconnaissance,
surveillance and communication. More information is available at www.avinc.com
and www.evsolutions.com.

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking
statements" as that term is defined in the Private Securities Litigation
Reform Act of 1995. These statements are made on the basis of current
expectations, forecasts and assumptions that involve risks and uncertainties,
including, but not limited to, economic, competitive, governmental and
technological factors outside of our control, that may cause our business,
strategy or actual results to differ materially from those expressed or
implied. Factors that could cause actual results to differ materially from the
forward-looking statements include, but are not limited to: the activities of
competitors; failure of the markets in which we operate to grow; failure to
expand into new markets; failure to develop new products or integrate new
technology with current products; and general economic and business conditions
in the United States and elsewhere in the world. For a further list and
description of such risks and uncertainties, see the reports we file with the
Securities and Exchange Commission. We do not intend, and undertake no
obligation, to update any forward-looking statements, whether as a result of
new information, future events or otherwise.

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Contact:

AeroVironment, Inc.
Steven Gitlin
+1 (626) 357-9983
pr@avinc.com
or
For AeroVironment, Inc.
Mark Boyer
+1 (310) 229-5956
mark@boyersyndicate.com
 
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