Bikeshare Hawaii Receives $50,000 Donation from Hawaiian Electric Industries Charitable Foundation

Two electric Smart cars and $25,000 grant will provide an eco‐friendly, electric vehicle maintenance and rebalancing fleet

Release Date: 9/13/2016

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Electric Smart Car for Bikeshare Hawaii 

HONOLULU – Bikeshare Hawaii today accepted a symbolic key to two electric‐powered Smart cars and a $25,000 check, for a combined donation valued at $50,000, from the Hawaiian Electric Industries (HEI) Charitable Foundation. The $25,000 will be used to purchase bike trailers and other equipment to transport Bikeshare Hawaii’s fleet of bicycles and maintain the network of bike docking stations coming to urban Honolulu.

“We are very grateful to the HEI Charitable Foundation for the generous donation and support,” said Lori McCarney, CEO of Bikeshare Hawaii. “As a nonprofit, we rely heavily on financial grants, donations and sponsorships from companies such as Hawaiian Electric, to fund our bikeshare program that will add an alternative method of travel for Hawaii residents and visitors.”

“When people opt for bikeshare, it reduces our dependence on fossil fuels and the same is true of electric vehicles. The donation of electric vehicles aligns well with our goal to give people eco‐friendly transportation alternatives,” said McCarney.

“As Hawaiian Electric continues to work toward our clean energy future, it’s important to look at Hawaii’s total energy picture, including transportation. Clean transportation alternatives, including biking and electric vehicles, play a critical role,” said Alan Oshima, Hawaiian Electric president and CEO. “We’re happy to make this presentation during National Drive Electric Week when people across the country are taking note of this important initiative.”

“Many people do not realize that two‐thirds of the oil imported into our state is for transportation,” said Connie Lau, HEI president and CEO and chairman of the HEI Charitable Foundation. “Bikeshare Hawaii will help reduce vehicle miles traveled and decrease our state’s dependence on fossil fuels while promoting fitness and making our communities more livable. Bikeshare is good for our environment and good for our health.”

Bikeshare Hawaii is a nonprofit, public‐private partnership to bring a new, practical transportation option to urban Honolulu that provides economic, environmental, health and ultimate convenience benefits for residents and visitors alike. In December 2015, Bikeshare Hawaii selected PBSC Urban Solutions as the bicycle and docking station provider.

“With bikeshare, people can rent a bike at one station and return it to another, so we have to move bikes around to ensure they are available at all stations,” said Ben Trevino, president and COO of Bikeshare Hawaii. “These electric Smart cars are capable of pulling a trailer and will be extremely helpful as part of our rebalancing fleet, which initially will be all electric, and to maintain bikes and docking stations as needed.”

Bikeshare Hawaii plans to launch in 2017. The system initially will include a network of approximately 1,400 bikes at 150 strategically placed stations from Waikiki to Chinatown, covering an area of approximately 7.2 square miles. The major goal for the system is convenient mobility for people who live, work, or play in urban Honolulu. Docking stations will be about two to three blocks apart and be so common that a customer never needs to worry about where to pick up or drop off a bike. The bikes are designed for short trips of one to four miles and will provide a cheaper, healthier, friendlier and often faster alternative to driving.

ABOUT BIKESHARE HAWAII
Bikeshare Hawaii is a not‐for‐profit 501(c)3 organization aiming to launch and manage a bikeshare program in Hawaii through strong public‐private partnerships. Bikeshare Hawaii is currently supported by the Ulupono Initiative, the State of Hawaii, the City and County of Honolulu, the Environmental Protection Agency, and Hawaii Pacific University. Many other organizations are also providing financial and in‐kind support. As a community‐based nonprofit organization, Bikeshare Hawaii actively seeks other partnerships and sponsors to launch operations in 2017, and will maintain and expand system coverage through revenue generated by its customers. Bikeshare Hawaii will provide a viable transportation option for everyone, and will benefit both the private and public sector. For the latest updates on Bikeshare Hawaii, visit www.gobiki.org and follow Bikeshare Hawaii on Facebook, Instagram and Twitter.

ABOUT HAWAIIAN ELECTRIC INDUSTRIES CHARITABLE FOUNDATION
The Hawaiian Electric Industries Charitable Foundation is proud to support and add value to important community initiatives through grants, donations, scholarships, a matching gift program and volunteerism from employees of our family of companies. By doing our part, we hope to fulfill our responsibility to strengthen our communities and serve as a catalyst for a better Hawaii.

Media Contacts:

Lee Britos
Pang Communications
Cell: (808) 372‐8637
lbritos@pangcomm.com

Jennifer Pang
Pang Communications
Cell: (808) 371‐2882
jpang@pangcomm.com

A.J. Halagao
HEI Charitable Foundation
Direct: (808) 543‐5889
ajhalagao@hei.com