Envision Solar International, Inc., (EVSI) the leading renewably energized EV charging, outdoor media and energy security products company, announced today the issuance of a patent by the Chinese Patent Office that covers the Company's EV ARC™ products.
The Chinese patent for invention number ZL201380042601.2, issued on March 9, 2018, is for the Company's EV ARC™ product. The Company recently announced the issuance of a US patent for its Transformer ARC™ product to add to its growing intellectual property portfolio. The Company's EV-Standard™ product is patent pending while patent applications for future products are currently being drafted.
Envision Solar's President and CEO, Desmond Wheatley, is currently visiting China with the US/China Chamber of Commerce as part of an industrial enterprise trip during which he is meeting with government officials and industry leaders to grow the Company's international business. Prior to visiting China Mr. Wheatley was in Delhi, India as part of a US trade delegation accompanying Energy Secretary, Rick Perry. Mr. Wheatley also visited Dubai where he met with the Dubai Energy and Water Authority (DEWA), the governmental department responsible for the installation of EV charging infrastructure.
"Our core US business is going from strength to strength," said Desmond Wheatley, "and we are growing our intellectual property portfolio with meaningful patents covering products which we believe address gaps in the rapidly growing industries we target. Our patented EV ARC™ is now covered in China -- the fastest growth market for EVs in the world. I'm convinced that EV-Standard and our other developing products will enjoy equal or greater success."
According to Research in China, a consultancy, China aims to build 12,000 centralized charging stations and 4.8 million distributed charging stations by 2020. President Xi Jingping has mandated that remote, poor and rural communities, which often lack sufficient utility grid connections, be served by EV charging infrastructure while at the same time championing China's pivot to renewable and sustainable New Energy sources. The Company's management continues to view China as a significant potential market for its products. The issuance of a Chinese patent for EV ARC™ products will enhance the Company's ability to defend its IP.
Source: Envision Solar International, Inc.
Date: Apr 24, 2018