Powin Energy Will Build Three EV Charging Stations for Kanematsu USA/EV Collective


Powin Energy Will Build Three EV Charging Stations for Kanematsu USA/EV Collective

TUALATIN, Ore.--(BUSINESS WIRE)-- Powin Energy, a wholly owned subsidiary of Powin Corporation (OTCQB:PWON), announced today it has secured a purchase order to build three units of an electric vehicle fast charging station for Kanematsu USA, whose EV Collective division is a leader in manufacturing and technologies that serve the electric vehicle industry.

Powin Energy's Tualatin facility will construct the units. The DC fast charging stations will have the capacity to power a Nissan Leaf to 80% charge within 30 minutes. The first unit will be installed in Oregon and the other two units are tentatively scheduled to be installed in Hawaii.

"This is another important step in our growth as a manufacturer," said Virgil Beaston, Chief Technology Officer. "We hope this is just the beginning of a long and productive relationship."

The new Kanematsu USA/EV Collective order follows Powin Energy's 2012 successful partnership effort with EV4 Oregon and Portland-based OpConnect to produce and install two EV charging stations in Oregon.

About Kanematsu USA (www.kanematsuusa.com) and EV Collective (www.evcollective.com)

Kanematsu USA's EV Collective has redefined the EV charging industry by creating the most intuitive and user-friendly system on the market today. The company's distinctive charger styles also offer ergonomic connectors for ease of consumer use. EV Collective also offers a full range of custom services including location assignment and design, permitting, delivery, installation, software and hardware.

About Powin Energy (www.powinenergy.com)

Powin Energy manufactures and distributes renewable energy and energy efficient lighting products, as well as comprehensive energy storage solutions. Our renewable energy products include wind and solar energy products, and a full line of rechargeable batteries.

Powin Energy is backed by the resources and expertise of the Powin Corporation (OTCQB: PWON) a 20-year-old global company recognized around the world as a leader in contract manufacturing and OEM Parts. With eight production facilities on three continents, Powin Corporation has all the resources to meet customer needs with respect to quality, price and on-time delivery. For more information please visit www.powin.com. Investors can find Real-Time quotes and market information for the company at http://www.otcmarkets.com/stock/PWON/quote.

MAP Communications
John Mangan, 503-701-7503

KEYWORDS: United States North America Oregon


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