- ABB’s high-output 20 kW to 350 kW DC fast chargers will be
available via Lightning Energy, a division of Colorado’s Lightning
eMotors
- The fully interoperable line of DC fast chargers is available
for order immediately for commercial electric fleet vehicles
- The partnership further demonstrates the companies’ mission to
power e-mobility and help significantly lower global CO2
emissions
Lightning eMotors (NYSE: ZEV), a leading provider of specialty
commercial electric vehicles for fleets, and ABB (NYSE: ABB), a
leading global technology company that energizes the transformation
of society and industry to achieve a more productive, sustainable
future, today announced a partnership to offer DC fast electric
vehicle chargers for commercial electric fleet vehicles.
The high-output 20 kW to 350 kW DC fast chargers will be
available via Lightning Energy, a division of Colorado-based
Lightning eMotors. Lightning Energy supplies charging solutions to
commercial and government fleets. As a part of the agreement,
Lightning Energy will sell ABB’s DC fast-charging systems under the
Lightning Energy brand. The fully interoperable DC fast chargers,
designed and built by ABB, are equipped with around-the-clock
connectivity to enable comprehensive remote services and
compatibility with every individual fleet charging system.
“In working with ABB, we’re able to offer some of the best EV
charging systems available, which pair extremely well with the DC
fast-charge capabilities of Lightning eMotors’ vehicles,” said
Brandon McNeil, vice president of Lightning Energy. “ABB's chargers
offer the highest reliability in the industry, are supported by a
widespread service network and come equipped with the latest
connectivity capabilities that enable remote services and business
integration. Their technology will be a key piece of our portfolio
as we provide a complete fleet electrification solution to our
customers.”
Lightning Energy offers a full suite of charging solutions for
fleets, including hardware, installation services, back-end
management software, financing options and ongoing support. In
addition, Lightning Energy offers full charging as a service
(CaaS), in which Lightning owns the entire process on behalf of the
end user and provides on-site charging to the customer for a low
monthly fee. By combining the capabilities of Lightning Energy with
its electric vehicles, Lightning eMotors provides a complete
“one-stop shop” fleet electrification solution.
"Commercial fleets must have a seamless experience from vehicle
to charger to meet their financial targets and sustainability
goals," said Bob Stojanovic, director of ABB's e-mobility business
in North America. "By collaborating with experienced companies like
ABB, Lightning eMotors is helping its customers build smart,
scalable fleet electrification programs.”
Lightning Energy’s lineup of chargers includes a full range of
charging technology, up to the highest powers available on the
market today. This ensures customers can pair the optimal charging
solution with the requirements of their fleet.
“Our goal is to simplify fleet electrification as much as
possible by determining the ideal charging approach, in-step with
the fleet selecting and purchasing their electric vehicles,” McNeil
said. “We analyze your fleet charging needs, including number and
type of vehicles, route cycles, opportunity charging and dwell
times, and help you design a complete solution that optimizes your
fleet. We determine the electricity needs at your site, how much
charging hardware you need, and recommend where you should install
charging to maximize uptime.”
ABB partners with vehicle OEMs, charging networks, fleet
operators, and power utilities to accelerate deployment of EVs
across all modes of transportation. Migrating to an electrical
vehicle fleet offers the opportunity to generate significant
operational savings by eliminating fuel costs and reducing vehicle
maintenance costs.
Since entering the e-mobility market in 2010, ABB has sold more
than 400,000 electric vehicle chargers across more than 85 markets
including more than 20,000 DC fast chargers and 380,000 AC
chargers.
About Lightning eMotors
Lightning eMotors has been providing specialized and sustainable
fleet solutions since 2009, deploying complete
zero-emission-vehicle (ZEV) solutions for commercial fleets since
2018 – including Class 3 cargo and passenger vans, Class 4 and 5
cargo vans and shuttle buses, Class 4 Type A school buses, Class 6
work trucks, Class 7 city buses, and Class A motor coaches. The
Lightning eMotors’ team designs, engineers, customizes, and
manufactures zero-emission vehicles to support the wide array of
fleet customer needs including school buses and ambulances, with a
full suite of control software, telematics, analytics, and charging
solutions to simplify the buying and ownership experience and
maximize uptime and energy efficiency. Lightning eMotors also
offers charging technologies and “charging as a service” (CaaS) to
commercial and government fleets via its Lightning Energy division.
To learn more, visit https://lightningemotors.com.
About ABB
ABB (NYSE: ABB) is a leading global technology company that
energizes the transformation of society and industry to achieve a
more productive, sustainable future. By connecting software to its
electrification, robotics, automation and motion portfolio, ABB
pushes the boundaries of technology to drive performance to new
levels. With a history of excellence stretching back more than 130
years, ABB’s success is driven by about 105,000 talented employees
in over 100 countries. www.abb.com
Forward-Looking Statements
This press release contains forward-looking statements
within the meaning of U.S. federal securities laws. Such
forward-looking statements include, but are not limited to,
statements regarding our ability to sell ABB’s fast charging
systems, fast charging systems capability or reliability, our goal
to simplify fleet electrification systems, our product and customer
developments, our expectations, hopes, beliefs, intentions, plans,
prospects or strategies regarding the future revenues, operations
and expenses and the business plans of Lightning eMotors’
management team. Any statements contained herein that are not
statements of historical fact may be deemed to be forward-looking
statements. In addition, any statements that refer to goals,
projections, forecasts or other characterizations of future events
or circumstances, including any underlying assumptions, are
forward-looking statements. The words “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “goal,” “intends,”
“may,” “might,” “plan,” “possible,” “potential,” “predict,”
“project,” “should,” “will,” “would” and similar expressions may
identify forward-looking statements, but the absence of these words
does not mean that a statement is not forward-looking. The
forward-looking statements contained in this press release are
based on certain assumptions and analyses made by the management of
Lightning eMotors in light of their respective experience and
perception of historical trends, current conditions and expected
future developments and their potential effects on Lightning
eMotors as well as other factors they believe are appropriate in
the circumstances. There can be no assurance that future
developments affecting Lightning eMotors will be those anticipated.
These forward-looking statements contained in this press release
are subject to known and unknown risks, uncertainties, assumptions,
and other factors that may cause actual results or outcomes to be
materially different from any future results or outcomes expressed
or implied by the forward-looking statements. These risks,
uncertainties, assumptions and other factors include, but are not
limited to: (i) our ability to sell ABB’s fast charging systems to
our existing and new customers, (ii) our ability to achieve our
goal of simplifying fleet electrification (iii) our ability to
execute on our business strategy; (iv) our ability to compete
effectively; (v) our ability to manage growth; (vi) the potential
severity, magnitude and duration of the COVID-19 pandemic as it
affects our business operations, global supply chains, financial
results and position and on the U.S. and global economy; (vii)
current market conditions and federal, state, and local laws,
regulations and government incentives, particularly those related
to the commercial electric vehicle market; (viii) the mix of
products utilized by the Company’s customers and such customers’
needs for these products; and (x) market acceptance of new product
offerings Moreover, we operate in a competitive and rapidly
changing environment, and new risks may emerge from time to time.
You should not put undue reliance on any forward-looking
statements. Forward-looking statements should not be read as a
guarantee of future performance or results and will not necessarily
be accurate indications of the times at, or by, which such
performance or results will be achieved, if at all. Should one or
more of these risks or uncertainties materialize or should any of
the assumptions being made prove incorrect, actual results may vary
in material respects from those projected in these forward-looking
statements. We undertake no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required under
applicable securities laws.
# # #
- Image - LeM_ABB_charger_ACT-Expo_APPROVED
Michael Touhill
ABB Inc
404-680-7930
michael.touhill@us.abb.com
Joe Koenig
Lightning eMotors
800-223-0740
pressrelations@lightningemotors.com
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