Orlando tourism industry plugs into electric car experience

Orlando tourism industry plugs into electric car experience

7:48pm EDT

By Barbara Liston

ORLANDO, Florida (Reuters) – Promoters of electric cars are hoping to entice a few of Orlando’s 56 million annual visitors to rent one at the airport and plug in at strategically placed charging stations at tourist hotels, theme parks and the convention center. The goal of Drive Electric Orlando, which officially kicked off on Thursday with 15 Nissan Leaf cars, is to encourage broader adoption of electric vehicles by providing visitors with what amounts to an extended test drive during their stay.“The best way is to get someone behind the wheel to drive it,” said Sam Ori, vice president of the Electrification Coalition, a not-for-profit group of business leaders interested in developing an electric transportation system.

Electric cars have been slow to catch on around the nation in part because of sparce supportive infrastructure such as charging stations in some areas as well as consumer concerns about cars’ limited distances on a single charge and the wait times for recharging.

The Orlando initiative is the first in the nation to exclusively target tourists, according to Ashley White, spokeswoman for the Coalition, which sponsored the plan.

Orlando is one of the world’s largest rental car markets, thanks to Walt Disney World, other major tourist attractions, and the Orange County Convention Center, which is United States’ second-largest convention center and helps draw 10 million business travelers a year.

The initiative will start with 15 electric cars available through Enterprise Rent-A-Car, and charging stations at 26 hotels. Nissan Motor Co donated 30 fast chargers to be installed at key locations, including 480-volt chargers capable of recharging a car in 30 minutes.

All three major theme parks – Disney, Universal Orlando and SeaWorld Orlando – have committed to installing recharging stations, White said.

The city of Orlando in recent years installed 300 charging stations within 70 miles of the city’s downtown core through a federal grant program designed to boost development of electric car infrastructure.

Those who choose to participate can pick up what White called “competitively priced” electric cars for as low as $30 a day, and get perks such as free GPS, which can locate the nearest charging stations in some rental vehicles, and free valet service and overnight charging at some hotels.

While several cities offer electric car sharing programs, green energy advocates say the Orlando project is unique in its effort to create a coordinated EV ecosystem for tourists.

“What Orlando is doing is a good step, but each one of these components has been tried before,” said Chelsea Sexton, an independent electric car advocate in California who was featured in the documentary movie, “Who Killed the Electric Car?”, about the demise of the electric car industry in the 1990s.

Car rental companies, hotels and even Disney in California, experimented with electric cars in the 1990s before they were phased out.

“The test will be if this effort has enough coordination between the different stake holders to create a different experience than the last time around,” she said.

San Diego has an extensive and innovative point-to-point EV car sharing program, EVGo, according to Max Baumhefner with the Natural Resources Defense Council in San Francisco.

BMW’s DriveNow electric car sharing program in the San Francisco Bay Area also has locations at San Francisco airport and in various places in the city.

The Electrification Coalition also is behind Drive Electric Northern Colorado, launched in February to create a model electric vehicle community in the cities of Fort Collins and Loveland, including Colorado State University.

Coalition chairman Seifi Ghasemi, who is CEO of a chemical company Rockwood Holdings Inc, said weaning the country from oil is good for national security, the economy and the environment.

“Even if we convert 10 percent of them (drivers) it will go a long way. The important thing is just to get it started,” Ghasemi said.

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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