SPARK
3 years ago
CRYBF - News: EV Battery Tech Completes $0.50 Private Placement and Provides Updates on Partnerships and Product Developments
C.ACDC | 2 hours ago
VANCOUVER, British Columbia, June 10, 2021 (GLOBE NEWSWIRE) -- Extreme Vehicle Battery Technologies Corp. (the “ Company ” or “ EV Battery Tech ”) (CSE: ACDC ) is pleased to announce the completion of its previously announced $0.50 private placement and provide updates on its partnerships and product developments.
Private Placement
Further to the news release dated April 6, 2021, the Company has completed the second and final tranche (the “ Final Tranche ”) of its non-brokered private placement of units (each, a “ Unit ”) for total gross proceeds of $5,000,000. Through the Final Tranche, the Company issued a total of 3,704,000 units (each a “ Unit ”) of the Company at a price of $0.50 per Unit. Each Unit consists of one common share (a “ Common Share ”), and one common share purchase warrant (a “ Warrant ”), each exercisable into one Common Share at an exercise price of $1.00 for a period of three years from the issuance date, subject to acceleration, at the Company’s discretion, in the event that the Common Shares trade at a price on the CSE of greater than $1.50 per Common Share for a period of three consecutive trading days. All securities issued in connection with the Final Trance are subject to a four-month-and-one-day hold period under applicable securities laws.
“ The closing of our fully subscribed private placement at $0.50 per unit is evidence that our business plan resonates with investors ,” commented EV Battery Tech CEO, Bryson Goodwin.
“ Completing a private placement of this size validates our team’s hard work to date as well as the Company’s plans for the future. It is a reflection of where our industry is today and our positioning within it as one of the superior technology companies that focuses on EV and ESS infrastructures ,” continued Mr. Goodwin.
The Company intends to use the proceeds from the Final Tranche towards product development, research and development, marketing, and general working capital.
Partnerships
Daymak
The Company recently formed a partnership with Daymak Inc. (“ Daymak ”), whose latest Avvenire campaign has now exceeded $420 million dollars in pre-orders since launching on March 23, 2021. All of Daymak’s products are to include custom IoniX Pro batteries, which is 30% of the cost of their electric vehicles.
EV Infrastructure
The Company has been expanding its EV infrastructure footprint, with recent partnerships with Fairwater Properties (" Fairwater ") and Ethos Asset Management (“ Ethos ”). Through these partnerships, EV Battery Tech and IoniX Pro have the exclusive right to provide EV Smart Chargers and ESS solutions to Fairwater and Ethos, which together manage assets covering everything from high rise developments, parkades and hotels to bowling alleys.
Product Developments
IoniX Pro RV Freedom
The IoniX Pro RV Freedom battery has commenced the certification stage of development. This is a significant milestone and will allow direct shipping within North America to awaiting customers. The first set of RV Freedom batteries have arrived in Canada for comprehensive testing.
Due to significant demand for the RV Freedom battery, the Company has developed a custom-made mold using 3D printing, for a sleek, unique and functional design for the mass production of its RV Freedom. The Company expects to unveil the design in the coming weeks.
IoniX Pro Home SmartWall
The Company is pleased to report that it is on track to receive the first IoniX Pro Home SmartWall by this summer. This first shipment has been allocated to its distribution network and the Company expects to launch a sales campaign for the product once it has arrived. Further updates related to the demonstration and showcase of the Home SmartWall product will be announced at a later date.
Ionix Pro TITAN
The Company continues to work with prospective clients interested in grid level ESS applications as well as “Peak Shaving” equipment in Canada and the United States. The complexity and expense of these systems creates long lead times, making it difficult to estimate sales, but the Company continues to work towards delivering these customized solutions to market.
IoniX Pro EV Smart Charger
The Company’s revolutionary EV Smart Charger has seen tremendous demand since launching only a couple of months ago. The Company has already signed exclusive agreements with several large infrastructure companies to install units of the smart charger and is in talks with several more. Thanks to the combination of rapid charging technology, ESS capacity and its patented Battery Management System (BMS), the Company believes its IoniX Pro EV Smart Charger is one of the most attractive EV infrastructure solutions on the market.
With the growing demand for EV infrastructure, the EV Smart Charger is quickly becoming focal point in the IoniX Pro battery portfolio.
Bryson Goodwin,
Chief Executive Officer
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.
About EV Battery Tech
Extreme Vehicle Battery Technologies Corp. is a blockchain and battery technology company with revolutionary, patented Battery Management Systems (BMS) designed to meet the growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets. The Company has committed to assisting global recycling solutions by offering recycling initiatives using their technology to analyze and fully refurbish used batteries.
Contact Numbers and Emails
For further information about the Company, please visit https://www.evbattery.tech .
For further information about the Company’s Products please visit https://www.ionixpro.com .
For Investor Inquiries, please contact (236) 259-0279 or email info@evbattery.tech .
For Product or Sales Inquiries, please contact (236) 266-5174 or email sales@ionixpro.com .
All communications are managed by AlphaOne Media Group Inc.
About AlphaOne Media Group Inc.
AlphaOne Media Group Inc. (“AlphaOne”) is a full-service Investor Relations and Marketing company that focusses on both private and public companies. AlphaOne offers communication services such as investor relations as well as marketing services over several mediums to provide effective, thorough market awareness programs that are specifically designed to maximize exposure and bring value to shareholders. AlphaOne’s dedicated and experienced team strives to promote its clients to the public and educate potential investors on their developments.
The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
Forward Looking Statements
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward-looking statements and information can be identified by the use of words such as “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements relating to: the Company’s arrangements with Fairwater and Ethos, the use of proceeds from the Final Tranche, the Company’s partnership with Daymak and the provision of units to Daymak; and rollout, launch and sales of the Company’s products. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Further risk factors are discussed in the Company’s Management Discussion and Analysis for year ended January 31, 2021.
The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
Primary Logo
GlobeNewswire
June 10, 2021 - 4:00 AM PDT
SPARK
3 years ago
$CRYBF (in Canada ACDC) NEWS - EV Battery Tech Adds to its Growing EV Infrastructure Network
Vancouver, B.C, June 9, 2021 - Extreme Vehicle Battery Technologies Corp. (the “Company” or “EV Battery Tech”) (CSE: ACDC) is pleased to announce its latest sustainable infrastructure partnership with Ethos Asset Management. Through the partnership, EV Battery Tech will provide battery technology solutions to assets managed by Ethos Asset Management (“Ethos”), including motels and hotels, bowling alleys and shops and transportation assets.
The primary focus of the partnership will be the expansion of electric vehicle (EV) charging and energy storage system (ESS) infrastructure, providing more EV users reliable access to charging stations and more renewable energy advovates the ability to power their buildings using renewable energy. The Company is committed to addressing the most pressing concern of the EV industry - Sustainable Infrastructure, by designing and implementing some of the foremost EV technology solutions within the sector.
“The EV movement cannot proceed, or succeed, without the creation of an infrastructure to support it,” stated Bryson Goodwin, EV Battery Tech President and CEO.
“Our IoniX Pro line of products – the RV Freedom, the Home SmartWall, the TITAN EnergyCore, and the EV Smart Charger serve as foundational infrastructure products for both the EV and renewable energy industries,” continued Mr. Goodwin.
Pursuant to an agreement executed on June 8, 2021 (the “Agreement”), EV Battery Tech and IoniX Pro Battery Technologies Inc. (“IoniX”) will provide Ethos with battery solutions for buildings, renewal energy, and rapid charging stations (“IoniX Battery Solutions”) at prices and on terms to be negotiated by the parties in good faith. Ethos has also agreed to work exclusively with IoniX to provide battery technology solutions for its current and on-going development projects.
“Ethos has been doing due diligence on dozens of ESS solution providers to partner with on all our current and future assets. After months of discussions and thorough reviews, we are thrilled to partner with EV Battery Tech and IoniX,” stated M. Nathoo, CFO of Ethos.
“The IoniX products go well beyond today’s standards, setting the bar higher for the future of ESS. We are excited to start implementing their products into our assets,” continued Mr. Nathoo.
To facilitate the deployment of EV technology, EV Battery Tech is currently expanding its footprint of charging station locations. The Company’s goal is to deliver the EV Smart Charger at a lower price point than its competitors, whilst ensuring the product remains of the highest quality. The Company continues to work with its technology partners to collaborate and develop products to meet global clean energy demands, while simultaneously expanding their locations – the partnership with Ethos Management Company being one of many future endeavours.
EV Battery Tech has designed its “smart” charging stations to be integrated into homes, new EV communities, developments, parkades and charging stations.
“Without the accessibility of charging stations, the future of electric vehicles will dramatically stagnate. We plan to alleviate this roadblock, creating the necessary infrastructure to support the development of a move towards an electric future,” said Mr. Goodwin.
“While building exciting new products, the company has also been focusing on the integration and functionality of EV and BMS by addressing a most vital issue: The EV Market simply cannot move forward without its infrastructure catching up to the demand,”, concluded Mr. Goodwin.
About EV Battery Tech
Extreme Vehicle Battery Technologies Corp. is a blockchain and battery technology company with revolutionary, patented Battery Management Systems (BMS) designed to meet the growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets. The Company has committed to assisting global recycling solutions by offering recycling initiatives using their technology to analyze and fully refurbish used batteries.
Further information about the Company is available on its website (https://www.evbattery.tech)
Contact?Numbers and Emails?
For further information about the Company, please visit?https://www.evbattery.tech.?
For further information about the Company’s Products?please visit?https://www.ionixpro.com.
For?Investor Inquiries, please contact (236) 259-0279 or?email?info@evbattery.tech.?
For?Product or Sales Inquiries, please?contact (236)?266-5174?or?email?sales@ionixpro.com.??
All communications?are managed by AlphaOne Media Group Inc.??
?
About AlphaOne Media Group Inc.?
AlphaOne Media Group Inc. (“AlphaOne”) is a full-service Investor Relations and Marketing company that?focuses on?both private and public?companies. AlphaOne offers?communication services such as?investor?relations as well as marketing services?over several mediums?to provide?effective, thorough market awareness programs that are specifically designed to maximize exposure and bring value to shareholders.?AlphaOne’s?dedicated and experienced team strives to promote?its?clients?to the public and educate potential investors on their?developments.?
Forward Looking Statements
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward-looking statements and information can be identified by the use of words such as “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements relating to: the Company’s partnership with Ethos and the expected rollout of its products through Ethos’s asset network; the Company’s goal to expand charging location stations; the Company’s goal to deliver the Smart Charger at a lower price point than its competitors, while ensuring the product’s high quality; and the Company’s work to collaborate and develop products to meet global clean energy demands. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
SPARK
4 years ago
CRYBF - ACDC - NICE NEWS: EV Battery Tech Signs Exclusive Agreement to Install IoniX Pro Smart Chargers
Major property developer enters into exclusive agreement to install IoniX Pro Smart Chargers on all of their projects
Vancouver, B.C. June 2, 2021 – Extreme Vehicle Battery Technologies Corp. (the “Company” or “EV Battery Tech”) (CSE: ACDC) is pleased to announce that it has signed an exclusive agreement with Fairwater Properties (“Fairwater”) by which Fairwater agrees to use EV Battery Tech exclusively as its provider of energy storage system (ESS) and electric vehicle (EV) charging solutions for all of their current and upcoming projects.
Fairwater is a large Vancouver property developer that handles a spectrum of projects from High-Rise projects to Townhome and Duplex sites, working not only in British Columbia but in several Western Canadian provinces.
“The opportunity to work with a strong partner that can take care of our energy needs as we move forward will be priceless as we expand,” mentioned Fairwater executive, Ketan Ladva.
Plans are moving forward for the EV Battery Tech technical team to do a deep dive with Fairwater’s engineers to elaborate on their exact needs. A high-rise development, a townhome development and several duplex developments are amongst the first targets for the group to do a needs assessment on.
“This is a positive sign that North American builders have a need for our forward-thinking products,” commented EV Battery Tech CEO, Bryson Goodwin. “Considering the small-, medium- and large- size projects Fairwater is currently engaged with, the need for a variety of products from SmartWalls to Smart Charging Stations to TITANs is evident.”
“Smarter use of energy is becoming increasingly important as governments continue to mandate strict guidelines to builders. In our view, early adapters will have a significant advantage in the coming years,” added Fairwater CFO, Vipul Pachchigar.
On Behalf of the Company,
Bryson Goodwin,
Chief Executive Officer
About EV Battery Tech
Extreme Vehicle Battery Technologies Corp. is a blockchain and battery technology company with revolutionary, patented Battery Management Systems (BMS) designed to meet the growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets. The Company has committed to assisting global recycling solutions by offering recycling initiatives using their technology to analyze and fully refurbish used batteries.
Further information about the Company is available on its website (https://www.evbattery.tech)
Contact?Numbers and Emails?
For further information about the Company, please visit?https://www.evbattery.tech.?
For further information about the Company’s Products?please visit?https://www.ionixpro.com.
For?Investor Inquiries, please contact (236) 259-0279 or?email?info@evbattery.tech.?
For?Product or Sales Inquiries, please?contact (236)?266-5174?or?email?sales@ionixpro.com.??
All communications?are managed by AlphaOne Media Group Inc.??
About AlphaOne Media Group Inc.?
?
AlphaOne Media Group Inc. (“AlphaOne”) is a full-service Investor Relations and Marketing company that?focusses on?both private and public?companies. AlphaOne offers?communication services such as?investor?relations as well as marketing services?over several mediums?to provide?effective, thorough market awareness programs that are specifically designed to maximize exposure and bring value to shareholders.?AlphaOne’s?dedicated and experienced team strives to promote?its?clients?to the public and educate potential investors on their?developments.?
Forward Looking Statements
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward-looking statements and information can be identified by the use of words such as “expects”, “intends”, “is expected”, “potential”, “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements relating to: the Company’s arrangement with Fairwater, the potential use of the Company’s products in Fairwater’s development projects and the general appetite for the Company’s products and smart energy solutions. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
billionsmatter
4 years ago
Coverage today from https://buzzstocks.com/ EV Battery Tech (CSE: ACDC) (OTC: CRYBF) Could Be The Next Tesla
Rallying Hard On Strong Sales News (Pre-Orders Double)
Dear Fellow Trader,
I believe my new pick for Wednesday could potentially end up joining our list of recent breakout gainers with Industry Shaking News and a Massive Upside you won't believe.
This small-cap blockchain and battery technology company could be set to Breakout as Wall Street learns about its game changing patented Battery Management Systems (BMS) designed to meet the growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets.
Immediately turn your attention to EV Battery Tech (CSE: ACDC) (OTC: CRYBF)
EV Battery Tech is dual-listed on the Canadian Securities Exchange under the symbol (CSE: ACDC) and on the OTC under (OTC: CRYBF).
The Company just released strong sales data that we believe could spark a big rally this session!
EV Battery Tech (CSE: ACDC) (OTC: CRYBF) is pleased to announce that its partner, Daymak saw pre-orders double from $51,915,370 to $141,748,230 for its Avvenire Products. Total orders continue to surpassed expectations.
Here’s a Snap Shot of News
EV Battery Tech Partner Daymak Sees
Avvenire Orders Increase
The Daymak Avvenire Campaign, Powered by IoniX Pro Batteries saw another spike in Pre-Orders
VANCOUVER, BC, March 30, 2021 /CNW/ - Extreme Vehicle Battery Technologies Corp. (the "Company" or "EV Battery Tech") (CSE: ACDC) is pleased to announce that its partner, Daymak International Inc. ("Daymak"), saw pre-orders double from $51,915,370 to $141,748,230 for its Avvenire Products. Total orders continue to surpassed expectations.
For a live counter of pre-order sales please visit
EV Battery Tech is expected to equip all Daymak Avvenire products with customized IoniX Pro Lithium-Ion battery packs, which will all contain the Company's patented and AI powered battery management system (BMS). Daymak estimates that over 30% of its production cost will be in the battery and BMS systems from by IoniX Pro.
All retail pre-orders are potential sales and require a minimum deposit and distributor pre-orders require a letter of interest. All deposits are non-refundable.
"We are delighted by the continuing sales over the weekend and we truly believe this will continue. We are excited to develop this product and believe it's a truly unique product to offer the market" said Aldo Baiocchi President and CEO of Daymak. "We are thrilled for 2023 when we expect to see these EV's on the street!".
EV Battery Technologies just made new deal with partners already inside giants like Walmart, Costco, TSC, QVC and Best Buy.
EV Battery Tech (CSE: ACDC) (OTC: CRYBF) just announced its Blockbuster plans to launch the Ionix Pro “TITANTM” series (the “TITANTM series”).
With the Energy Storage Systems (“ESS”) market projected to grow to almost $550BIL by 2035, and Tesla announcing it has not been able to keep up with demand for its ESS battery products, EV Battery Tech (CSE: ACDC) (OTC: CRYBF) has been working very hard on its own line of industrial-scale ESS solutions and is very excited to unveil its plan to launch the "TITANTM" series.
Following completion of the ongoing development process and the product’s launch, the TITANTM series is anticipated to compete with Tesla’s MegaPack in the North American Market.
EV Battery Tech (CSE: ACDC) (CSE: ACDC) Entry Into The Large Scale
Energy Storage Solutions (ESS) Market Is Expected To Put It
In Competition With Tesla And Their MegaPack!
In their most recent quarter, Tesla was quoted saying there is “unprecedented demand across the globe” for their ESS products. In fact, they went so far as to say that they are not able to keep up with the demand.
Keep reading so You can see why I am so excited about EV Battery Tech (CSE: ACDC) (OTC: CRYBF).
EV Battery Tech (CSE: ACDC) (OTC: CRYBF) is a Company
Like We’ve Never Seen Before!
EV Battery Tech (CSE: ACDC) (OTC: CRYBF) is a leading Blockchain and Battery technology company with revolutionary, patented Battery Management Systems (BMS) designed to meet the exponentially growing demand for scalable, smart sol·utions for the rapidly growing Electric Vehicle (EV) and Energy Storage Sol·ution (ESS) mar·kets.
The BMS technology was born out of Artificial Intelligence (AI) driven algorithms mining billions of data points to analyze the shortcomings of batteries in today’s market.
The resulting game-changing BMS technology allows for batteries to have more efficient power management and longer battery life, while AI integrated sol·utions offer the world’s first real-time monitoring and remote maintenance.
The feature they are most proud of at EV Battery Tech is the way their AI Battery technology will revolutionize the way ESS’s are manufactured, by using recycled batteries.
EV Battery Tech (CSE: ACDC) (OTC: CRYBF), is committed to utilize their Blockchain supported, AI integrated, Battery sol·utions to offer a market first; a full BMS battery sol·ution featuring real-time monitoring and remote maintenance contained within a secure blockchain environment.
The financial and transactional controls facilitated by Blockchain technology ensure BMS, EV, ESS and “smart” charging applications have the most secure transactional abilities, targeted to meet Tokenized Carbon Credit (TCC) requirements.
The recent amendments to smart grid integration are already factored into their product development and aspire to exceed vehicle to grid compatibility.
Everything Changed In October 2020
You see, in October 2020, EV Battery Tech executed a development agreement with RichPower to bring patented BMS Technology to North America, South America, Europe and Africa. Along with this agreement came 70+ national patents ranging from software, technology, invention and utility authorization, with several more patents pending.
RichPower is a leader in the battery management system (BMS) and energy storage system (ESS) industries in China.
A vertically integrated company, RichPower is involved in activities ranging from research and development to battery production. RichPower operates facilities in Shanghai and Suzhou, two of the largest cities in China. The facilities are host to some of the world’s top research experts and state-of-the-art manufacturing equipment. These facilities offer turnkey and full-cycle services, providing products and services to the electric vehicles, power grid system providers, remote mine energy and commercial building power applications markets.
"RichPower" has been able to differentiate itself by its ability to use Artificial Intelligence (“AI”) to remotely manage and significantly extend the life of any battery system.
Through the use of (“AI”), it has developed a “smart” BMS that learns and evolves with user behaviors resulting in a significant increase in power saving and efficiency. Its AI algorithms can specifically predict future failures and provide more stable operations and remote maintenance on battery systems.
Market Potential!
The EV Market Is Hot, But the EV Battery
Market is Hotter!
Huge demand for Electrical Vehicles and EV Battery Technology Puts EV Battery Technologies (CSE: ACDC) (OTC: CRYBF) in The Driver’s Seat With Enormous Growth Potential!
?Recent News
February 16, 2021
EV Battery Tech Adds Four Strategic Members to Advisory Board
Including Daymak CEO and RichPower CEO
VANCOUVER, BC, Feb. 16, 2021 /CNW/ - Extreme Vehicle Battery Technologies Corp. ("EV Battery Tech" or the "Company") (CSE: ACDC) is pleased to announce new high caliber additions to its advisory board. Last week, the Company announced a partnership with Daymak, Canada's largest supplier of Light Electric Vehicles (LEV) and today, Aldo Baiocchi, Daymak's CEO, and Jack (Jingke) Han, the Founder, Chairman and CEO of Jiangsu RichPower New Energy Co. Ltd. ("RichPower"), the Company's Chinese partner, have both joined the Company's advisory board. Rounding out the A-list additions are serial entrepreneurs , Dr. Eric (XingHua) Pu and RichPower principal and Vice President Tina (Weiping) Zhang.
Daymak CEO Aldo Baiocchi is no stranger to the ESS (Energy Storage System) market. His company is the largest LEV supplier in Canada and has done over $100MIL in sales. Approximately 30% of Daymak's manufacturing costs are spent on battery systems, which EV Battery Tech plans to soon produce for Daymak.
"It is quite an honor joining an Advisory Board with such talented members, in such a fast-growing Company," said Daymak CEO Aldo Baiocchi. "Together, I am confident our shared experience will contribute in bringing cutting-edge products to the market and achieving spectacular sales across North America."
Jack (Jingke) Han, the Founder and Chairman of RichPower has over a decade of professional experience in safe, reliable and efficient usage of battery systems. He has also developed embedded systems and applications with the help of a cloud-based platform and artificial intelligence. Mr. Han holds a bachelor's degree in electrochemistry and a master's degree in microelectronics from the Harbin Institute of Technology.
Dr. Eric (XingHua) Pu has founded several technology companies including some of China's leading hardware and firmware companies. Dr. Pu is also one of the founders of Intelligent Battery Services Ltd, and obtained his Bachelors of Science in Geophysics from the University of Science & Technology of China, his Masters of Science in Geophysics from State Seismological Bureau of China and his Ph.D. in Geophysics from the University of Victoria.
Tina (Weiping) Zhang graduated with bachelor's degree in Chinese Department of Nanjing University, she worked in Xinhua Daily News as a reporter for 11 years, focusing on news in the field of science and technology. Later, she served as the general manager of East China at Elong.com, which was acquired by largest online travel agency in China (Ctrip). She is a shareholder of RichPower and serves as its vice president, responsible for the company's overseas markets and cooperation.
"The addition of members of this caliber is a testament to the consumer products that we have started to launch," said EV Battery Tech CEO Bryson Goodwin. "I am honored to be working with this experienced team and believe that together we will fuel the momentum we have built between partnerships and new products launches that are still to come." Goodwin concluded.
February 8, 2021
EV Battery Tech Announces Partnership with Daymak, the
#1 Distributor of Light Electric Vehicles in Canada
VANCOUVER, BC, Feb. 8, 2021 /CNW/ - Extreme Vehicle Battery Technologies Corp. ("EV Battery Tech" or "the Company") (CSE: ACDC) is pleased to announce that on February 5, 2021, the Company entered into a partnership agreement (the "Agreement") with Daymak International Inc. ("Daymak"), Canadas #1 distributor of light electric vehicles ("LEVs").
Daymak has sold over $100MIL of LEVs, of which an estimated 30% of their production cost goes into the battery systems. Pursuant to the Agreement, the Company will become the exclusive provider of batteries and battery packs used in Daymak's products.
"I love the technology," Daymak's CEO Aldo Baiocchi stated about EV Battery Tech's technology. "From the Smart Wall to the specialized BMS with their battery packs, they are perfect for our current products and some of the projects we hope to announce soon."
Daymak's current customers include Walmart, Costco, TSC, QVC, Best Buy, Hudson's Bay and a network of 150 dealers across Canada and the USA. Daymak also has showrooms in Los Angeles, Toronto and Rome, with more expected in the future. Daymak was the recipient of the Clean Tech North Award2, was named in Pro·fit Magazine's Top 100 fastest growing Canadian companies and was also recently named "One of Ontario's Greenest Companies" via letter received by Brad Duguid, Minister of Economic Development and Innovation.
EV Battery Tech has had a very busy start to 2021 through the announcements of the Company's IoniX Pro Smart Wall Series and IoniX Pro TITAN Series, and most recently through the unveiling of its RV Battery Series.
"The Daymak partnership is just the beginning," boasted EV Battery Tech CEO Bryson Goodwin. "We are very pleased with the partnership and hope it goes a long way in building our brand recognition."
EV Battery Tech believes it has an edge over other products in its industry thanks to its AI driven battery management system (BMS) technology.
"I have spent a significant portion of my life studying battery technologies," explained Ph.D and EV Battery Tech's Advisory Board Member Yoga Yogendran. "I think the BMS technology that powers the IoniX products is state of the art and will bring many positive features to the industry."
The deal goes into effect immediately and has a term of 5 years, with an automatic renewal for 1-year terms. We can expect to see EV Battery Tech's products incorporated into Daymak's product line sometime in late Q2 of this year. While the Agreement's intention is for EV Battery Tech to be the exclusive provider of batteries and battery packs, Daymak has the right seek an alternative quote if Daymak and EV Battery tech cannot agree on commercial terms, however EV Battery Tech will still have the right of first refusal to match the commercial terms of any competing bid for the supply of such systems.
January 18, 2021
EV Battery Tech Reveals Features and Specifications
Of The IoniX Pro TITAN™ Series
VANCOUVER, British Columbia, Jan. 18, 2021 (GLOBE NEWSWIRE) -- Extreme Vehicle Battery Technologies Corp. (the “Company” or “EV Battery Tech”) (CSE: ACDC) is pleased to reveal the features and specifications for its IoniX Pro TITAN ESS™ (the “TITAN”)1.
The Company announced the unveiling of the IoniX Pro TITAN™ Series last week and is now proud to release the details and specifications of the first product to be rolled out in the series.
“While the Smart Wall Series will target the smaller scale home and office battery markets, the Titan Series will target large scale mega markets such renewable energy, cities and major industrial,” said EV Battery Tech CEO Bryson Goodwin.
Similar to the Smart Wall Series, the Titan Series will be powered by EV Battery Tech’s patented and AI-driven Battery Management System (BMS).
The size of the TITAN will be comparable to a standard 40HQ Container and its capacity per container will range from 500 kw/h to 3,000 kw/h, depending on the needs of the customer.
The Company’s entry into the large scale energy storage sol·utions (ESS) market is expected to put it in competition with Tesla and their MegaPack. In their most recent quarter, Tesla was quoted saying there is “unprecedented demand across the globe” for their ESS products. In fact, they went so far as to say that they are not able to keep up with the demand.
“We are seeing significant growth in the demand for large scale ESS products and we are happy to be one of the first movers to announce a product with state-of-the-art BMS technology, which is expected to make it one of the safest and most reliable ESS products on the market,” mentioned Mr. Goodwin.
“With this scalable product, we hope to service both small markets and large markets, ranging from minor remote backup to major cities. These products could be the answer to intermittent renewable energy, remote community reliance on fossil fuels and balancing of overloaded city grids,” continued Mr. Goodwin.
The Company expects the full launch of the TITAN ESS and first orders for the product to commence this quarter.
Let’s Take a Look at Some Potential Catalysts That Could Drive
EV Battery Tech (CSE: ACDC) (U.S.: CRYBF) Higher in the Near Term
POTENTIAL CATALYST #1 FOR EV Battery Tech (CSE: ACDC)(OTC: CRYBF) Announced that its partner, Daymak saw pre-orders double from $51,915,370 to $141,748,230 for its Avvenire Products. Total orders continue to surpassed expectations.
POTENTIAL CATALYST #2 FOR EV Battery Tech (CSE: ACDC) (OTC: CRYBF) The stock has a history of making +1,000% moves and could be setting up for an even bigger move to the upside. With the US Markets unwinding today, we went into Canada and found this hidden gem.
POTENTIAL CATALYST #3 FOR EV Battery Tech (CSE: ACDC) (OTC: CRYBF) This company is a leading Blockchain and Battery technology company with revolutionary, patented Battery Management Systems operating in one of the fastest growing markets.
POTENTIAL CATALYST #4 FOR EV Battery Tech (CSE: ACDC) (OTC: CRYBF) In October 2020, EV Battery Tech executed a development agreement with RichPower to bring patented BMS Technology to North America, South America, Europe and Africa. Along with this agreement came 70+ national patents ranging from software, technology, invention and utility authorization, with several more patents pending. No other company has this.
POTENTIAL CATALYST #5 FOR EV Battery Tech (CSE: ACDC) (OTC: CRYBF) Just added Four Strategic Members to Advisory Board Including Daymak CEO and RichPower CEO. Daymak CEO Aldo Baiocchi is no stranger to the ESS (Energy Storage System) market. His company is the largest "LEV" supplier in Canada and has done over $100MIL doll·ars in sales. These new board members could prove to be a tremendous catalyst to drive EV Battery Tech soaring to new heights.
POTENTIAL CATALYST #6 FOR EV Battery Tech (CSE: ACDC) (OTC: CRYBF) The Company’s entry into the large scale energy storage solutions (ESS) market is expected to put them in competition with Tesla and their MegaPack. In their most recent quarter, Tesla was quoted saying there is “unprecedented demand across the globe” for their ESS products. In fact, they went so far as to say that they are not able to keep up with the demand.
EV Battery Tech (CSE: ACDC) (OTC: CRYBF) sees significant growth in the demand for large scale ESS products and they are happy to be one of the first movers to announce a product with state-of-the-art BMS technology, which is expected to make it one of the safest and most reliable ESS products on the market
Once again, immediately turn your attention to EV Battery Tech its dual-listed on the Canadian Securities Exchange under the symbol (CSE: ACDC) and on the OTC under (U.S.: CRYBF)
EV Battery Tech (CSE: ACDC) (OTC: CRYBF) Could be Setting Up For
Another Massive +1,000% Run Like It In The Last 3 Months
I am urging all of my members to pull up (CSE: ACDC) (OTC: CRYBF) right now and start their research.
Reminder, “EV Battery Tech” is listed on the Canadian market (Canada - ACDC)
And, “EV Battery Tech” is listed on the U.S. OTC market (U.S. - CRYBF)
Could (CSE: ACDC) (OTC: CRYBF) be like buying TSLA in 2010?
I am urging all of my members to add EV Battery Tech (CSE: ACDC) (OTC: CRYBF) to the top of your watch list right now, and be ready this morning at the opening bell!
BuzzStocks
Trading Research Team
SPARK
4 years ago
$CRYBF/ACDC - EV Battery Tech Launches the IoniX Pro Smart Charger
Canada NewsWire
EV Battery Tech targets disrupting one of the fastest growing segments in the EV industry
VANCOUVER, BC , March 16, 2021 /CNW/ - Extreme Vehicle Battery Technologies Corp. (the " Company " or " EV Battery Tech ") (CSE: ACDC) is pleased to officially announce the launch of its previously unveiled IoniX Pro EV Smart Charger Series (the " EV Smart Charger ").
One of the World's Fastest Growing Markets
The Electric Vehicle (EV) market is one of the fastest growing markets in the world. Projected to grow almost 5x over the next 6 years 1 , the Company wants to ensure it was not only part of this rapidly growing revolutionary change, but also wants to be a disruptive force in it.
In order for EV's to grow at such a rapid pace, it is necessary that infrastructure be built to allow for such growth. One of the most obvious necessities are EV charging stations. Similar to the absolute requirement of gas stations for gasoline and diesel fueled vehicles to operate, it is equally important to build EV charging stations for EV's to be able to operate.
Billions of EV Charging Infrastructure Spending
EV infrastructure has become a global priority as major governments and corporations have committed to spending billions of dollars (USD) towards building EV charging infrastructure.
Royal Dutch Shell (Shell), one of the world's largest oil and gas companies, has recently announced its plans to increase its number of charging stations to 500,000 by 2025 2 .
President Joe Biden has recently proposed to build 550,000 EV charging stations in the next few years, as part of the $2 trillion USD plan to fight climate change 3 .
_____________________________________________
1 https://www.virta.global/global-electric-vehicle-market
2 https://insideevs.com/news/487881/shell-plans-500000-charging-points-globally-2025/
3 https://www.reuters.com/article/usa-biden-granholm-evs/bidens-expected-energy-department-pick-granholm-could-lead-charge-on-electric-cars-idUSKBN28R0JO
Rendering of the Proposed Smart Charger Courtesy of the Company (CNW Group/EV Battery Tech)
"Smart Charger": A disruptive force for the EV Charging Industry
While it is clear that a significant increase in EV charging station infrastructure is necessary, EV chargers are not a new technology. Most EV chargers derive their power from the grid and transfer electricity into the EV to charge the EV's batteries.
EV Battery Tech is introducing a revolutionary new element to the basic EV charger. The Company has combined its Energy Storage System (ESS), which includes its patented and state-of-the-art Battery Management System (BMS) with an EV Charger to launch the revolutionary "Smart Charger" . The Company is confident that this game-changing combination will help expedite the installation of EV infrastructure and disrupt the EV charging industry.
Key Features of the EV Smart Charger
Artificial Intelligence
The Company's patented BMS technology is powered by Artificial Intelligence (AI), which not only bolsters superior battery monitoring, but also allows for remote maintenance and machine learning capabilities. This technology is intended to provide greater efficiency, greater reliability and increased safety.
Powered by Renewable Energy
Given the intermittent nature of renewable energies such as wind and solar power, they are not a reliable source of power for EV charging stations. However, the Company's new EV Smart Charger is expected to solve the intermittent issue by storing the power and then discharging the electricity into the EV Charger even when the sun is not shining or the wind is not blowing. The EV Smart Charger's AI capabilities is expected to be more efficient with each use as the machine learning will target the best times to be charging and discharging to maximize safety as well as the life of the battery.
Arbitrage – Peak Shaving
By having the ability to store power, customers of the EV Smart Charger are able to charge the battery during the "offpeak" hours and then discharge the electricity into the EVs during "peak" hours. This spread between peak and offpeak hours, can be very significant in major cities, with the prices more than doubling or tripling in peak periods.
No Extra Connection Costs
As many building owners have learned, the addition of charging stations usually requires a significant connection cost by the power utility company. This is due to the increased power required during peak hours. However, since the battery can be charged during offpeak hours, the building owners are able to potentially avoid this connection fee, by running EV Smart Chargers and only discharging electricity to the EV's from the stored battery electricity.
Variability allows for a wide range of uses
EV Battery Tech's lineup of EV Smart Chargers will include a single charging station, a standard commercial dual charging station and most impressively, our rapid charging station which is expected to power an EV in less than 25 minutes .
The size of the battery and the speed of the charger are variable, so smaller sized units are suited for residential and recreational charging, commercial dual charging stations are customizable for parking garages and office buildings and larger sized rapid-charging models are targeted for roadside super-fast charging.
The company officially started pre-sales of the EV Smart Charger on their website www.ionixpro.com this morning at 5:00 am EST .
"Our brilliant design and engineering teams have done it again!" stated Bryson Goodwin , President and CEO of EV Battery Tech . "The Company has once again taken one of the fastest growing products and introduced what we expect to be a version that is far superior to anything else on the market today. We believe the EV Smart Charger will be one of best-selling products and we are very excited for this launch."
"To say we have had a busy start to the new year would be a massive understatement. We have no plans in slowing down, in fact, we have just scratched the surface of what's to come in 2021."
On behalf of the Company,
Bryson Goodwin ,
Chief Executive Officer
About EV Battery Tech
Extreme Vehicle Battery Technologies Corp. is a blockchain and battery technology company with revolutionary, patented Battery Management Systems (BMS) designed to meet the growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets. The company has committed to assisting global recycling solutions by offering recycling initiatives using their technology to analyze and fully refurbish used batteries.
About AlphaOne Media Group Inc.
AlphaOne Media Group Inc. ("AlphaOne") is a full-service Investor Relations and Marketing company that focusses on both private and public companies. AlphaOne offers communication services such as investor relations as well as marketing services over several mediums to provide effective, thorough market awareness programs that are specifically designed to maximize exposure and bring value to shareholders. AlphaOne's dedicated and experienced team strives to promote its clients to the public and educate potential investors on their developments.
The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
Forward Looking Statements
Statements in this news release that are forward-looking statements are subject to various risks and uncertainties, including the specific factors disclosed here and elsewhere in EV Battery Tech's periodic filings with Canadian securities regulators. When used in this news release, words such as "will", "hope", "could", "plan", "estimate", "expect", "intend", "may", "potential", "believe", "should", "projected", "proposed", "rendering" and similar expressions, are forward-looking statements.
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward-looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward-looking statements in this news release include, but are not limited to, statements respecting (i) the Company's ability to bring its products to market; (ii) increasing demand for electric vehicles, charging stations, and other battery products, including those of EV Battery Tech; (iii) the timing of the launch of the IoniX Pro Smart Charging Station; (iv) the predicted shortage of EV infrastructure; (v) the US government's intention to increase its use of electric vehicles; (vi) the price point of the Company's products, including the IoniX Pro Smart Charging Station; (vii) the Company's ability to satisfy the demand for its products; (ix) the Company's prospects for 2021. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
SOURCE EV Battery Tech
SPARK
4 years ago
CRYBF/ACDC .31 - news: Vancouver B.C., March 5, 2021 - Extreme Vehicle Battery Technologies Corp (”EV Battery Tech” or the “Company”)(CSE: ACDC) OTC:CRYBF is pleased to provide an update on its product sales, the developments at EcoVille and other corporate developments.
Update on Products and Sales
- The Company officially launched its RV FreedomTM on February 24, 2021. During the first day it went live, the Company received so many inquires on its website for this product, that it crashed the system. The Company has already started to increase its staff to keep up with the demand for this product. The Company ambitiously hopes to start shipping this product by the summer of 2021.
- The Company officially started taking deposits for its Home SmartWallTM on January 21, 2021 and has seen great interest. Customers are able to make a deposit to secure themselves delivery of the Company’s first shipment of Home SmartWall’s expected later this year. The Company also ambitiously hopes to have display models sent to its affiliate showrooms in Toronto (Canada), Los Angeles (United States) and Rome (Europe) by this summer. With a capacity greater than that of Tesla’s Powerwall, a more sophisticated Battery Management System (BMS), safer chemical composition and a lower retail price, the Company aims to outsell Tesla in this category by 2022.
- The Company officially started taking orders for its Titan EnergyCoreTM on January 28, 2021. This Energy Storage System (ESS) is designed to be stackable so that it can be configured to be able to store enough energy to power an industrial operation or even an entire city. This product has seen a significant amount of interest from energy traders, renewable energy companies and developers. The Company also hopes to pursue larger government sales as cities move towards renewable energy and require the reliability of ESS solutions to back up the intermittent nature of the renewable energy power plants. The Company hopes deliver its first Titan EnergyCoreTM later this year.
- The Company signed a partnership agreement with Daymak Inc., Canada’s largest distributor of Light Electric Vehicles (LEVs) on February 8, 2021. The Company has already commenced the process to get its products into the Daymak distribution network, which includes some of the largest names in North America, such as Costco, Walmart and Best Buy. The Company is also working with Daymak to introduce new products into the LEV market together. Daymak’s CEO, Aldo Baiocchi has joined EV Battery Tech’s Advisory Board.
“We are extremely excited about the overwhelming level interest in our products thus far” stated EV Battery Tech CEO, Bryson Goodwin. “The amount of emails, calls, and orders on the RV Freedom alone, has forced us to increase our staff to handle the massive influx of interest. This shows a lot of promise for the direction we’re heading in, and we’re delighted for our technology to have this much excitement surrounding it! I believe it truly deserves it!”
New Product Renderings
- The Company is pleased to announce it has updated the designs of the Home SmartWallTM, and the Titan EnergyCoreTM. The new designs include a brush steel casing and are now displayed in a detailed 360 degree rendering, which more accurately display of what each product is intended to look like. Both of these are available for viewing at www.ionixpro.com.
-
Update on EcoVille
- Pursuant to the agreement between the Company and Squamish EcoVille Ltd. dba EcoVille Ltd. (“EcoVille”) previously announced on November 12, 2020, the Company has continued to collaborate with EcoVille and has made significant progress towards setting up energy storage system (ESS) solutions for the upcoming carbon-neutral, self-sufficient eco-community.
- EcoVille develops eco-communities by bringing together innovative technologies that enable communities to achieve self-sufficiency and carbon neutrality. Currently, EcoVille is developing projects in Squamish and Vancouver, British Columbia. EcoVille will require ESS solutions for its buildings, office space, and renewable energy power stations.
“We are in the customization phase of implementing a Titan EnergyCoreTM to the EcoVille community to allow us to have power stored from renewable sources.” Stated EcoVille Director, Yoga Yogendran. “We are also in the process of implementing multiple Home SmartWall’sTM into townhomes as part of the phase 1 buildout. This will allow storage and peak shavings in the properties. As we progress into phase 2, we will be establishing further implementation of EV Battery Tech’s Ionix Pro products into the community.”
General Corporate Updates
- The Company has engaged AlphaOne Media Group Inc. (“AlphaOne Media”) to manage its investor relations division. The level of inquires both for the Company and its new products has increased exponentially and so the Company has now brought on a top tier Investor Relations firm to handle the increased traffic. Alpha One Media will assume this role effective immediately and also assist the Company with creating awareness for its products and services. Please see new contact numbers and emails below.
- Pursuant to the agreement dated August 31, 2020, the Company has issued 217,392 common shares of the Company as the second tranche of shares to Intelligent Battery Services Ltd, (“IBS”) previously referred to as Intelligent Battery Technologies Ltd., for a total aggregate value of $100,000 based on the 30-day volume weighted average price of the ACDC shares on the CSE.
- The Company has appointed Maryam Amin-Shanjani as its Chief Financial Officer. Ms. Shanjani is a CPA who brings decades of experience to Company in both public and private companies. The Company welcomes yet another talented officer to its executive team as it continues to grow.
- The Company has signed agreements with Sidis Holdings Limited, Axe Communications Inc., Market IQ Media Group Inc., Stockhouse Publishing Ltd., AI Genius Marketing Inc., Signal Point Communications Inc., Hapbee Media Group Inc., Amherst Baer Consultancy Corp., and Yabucoa Partners Corp. dba Street Smart to assist with the marketing for the Company and creating awareness for the Company’s shares.
On behalf of the Company,
Bryson Goodwin,
Chief Executive Officer
About EV Battery Tech
Extreme Vehicle Battery Technologies Corp. is a blockchain and battery technology company with revolutionary, patented Battery Management Systems (BMS) designed to meet the growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets. The company has committed to assisting global recycling solutions by offering recycling initiatives using their technology to analyze and fully refurbish used batteries.
Contact Numbers and Emails
Further information about the Company, please visit https://www.evbattery.tech.
Further information about the Company’s Products please visit https://www.inonixpro.com.
For Investor Inquiries, please contact (236) 259-0279 or email info@evbattery.tech.
For Product or Sales Inquiries, please contact (236) 266-5174 or email sales@ionixpro.com.
All communications are managed by AlphaOne Media Group Inc.
About AlphaOne Media Group Inc.
AlphaOne Media Group Inc. (“AlphaOne”) is a full-service Investor Relations and Marketing company that focusses on both private and public companies. AlphaOne offers communication services such as investor relations as well as marketing services over several mediums to provide effective, thorough market awareness programs that are specifically designed to maximize exposure and bring value to shareholders. AlphaOne’s dedicated and experienced team strives to promote its clients to the public and educate potential investors on their developments.
The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward-looking statements in this news release include, but are not limited to, statements respecting (i) proposed staffing increases; (ii) expected timing for manufacturing and shipping the Company’s products, including the RV Freedom and the Home SmartWall; (iii) the delivery of display models to the Company’s affiliate showrooms; (iv) the performance of the Company’s products, including the performance of the Home SmartWall relative to Tesla’s Powerwall; (v) anticipated sales of the Company’s products, including sales of the Home SmartWall relative to sales of Tesla’s Powerwell; (vi) the ability of the Titan EnergyCore to store energy sufficient to power an industrial operation or an entire city; and (vii) supplying the Titan EnergyCore to governments. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
CPM
4 years ago
$CRYBF HUGE NEWS...
$CRYBF $ACDC - News: EV Battery Tech Announces the Launch of the IoniX Pro RV Freedom Battery
VANCOUVER, BC , Feb. 24, 2021 /CNW/ - Extreme Vehicle Battery Technologies Corp. (the " Company " or " EV Battery Tech ") (CSE: ACDC) is pleased to announce the official launch of the IoniX Pro Recreational Vehicle Freedom (the " RV Freedom ").
IoniX Pro RV Freedom Series (CNW Group/EV Battery Tech)
The Company recently announced its intention to launch its RV Series on January 26, 2021 and has today begun taking orders for the first product in the series, the RV Freedom , through the IoniX Pro website www.ionixpro.com .
The Recreational Vehicle (RV) market was estimated at US $51 billion in 2019, and projections are showing the US market to hit US $77 billion by 2026. 1 The Company believes it is entering the market at an ideal time to meet consumer demand with an advanced product.
" Between the COVID 19 pandemic limiting international travel, and safe domestic travel, we are excited to bring one of the most advanced RV batteries to the market " said EV Battery Tech CEO, Bryson Goodwin .
" We believe that RV enthusiasts should have the choice of renewable energy and the option to travel with the ease, comfort, reliability and the green choice of eco-friendly battery technology " continued Mr. Goodwin.
The RV Series is not just for RV's, but was also designed for the following use cases:
Recreational vehicle accessories
Backup power for camp sites
Backup power for remote lodging
Emergency power supply for cars, boats, and trucks
The Company is also pleased to launch its new, redesigned renderings of its IoniX Pro Home SmartWall and TITAN Pro series, in stainless steel coverings, available to view on the IoniX Pro website.
" Keep an eye out, we anticipate additional product announcements, technology advancements and exciting joint ventures to look forward to in 2021 " concluded Goodwin.
On behalf of the Company,
Bryson Goodwin , Chief Executive Officer
________________
1 https://www.globenewswire.com/news-release/2020/11/11/2124945/0/en/Global-Recreational-Vehicle-RV-Market-Will-Reach-USD-77-Billion-by-2026-Facts-Factors.html#:~:text=According%20to%20the%20%5B195%2B%20Pages,6%25%20from%202020%20to%202027
About EV Battery Tech
Extreme Vehicle Battery Technologies Corp. is a blockchain and battery technology company with revolutionary, patented Battery Management Systems (BMS) designed to meet the growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets. The company has committed to assisting global recycling solutions by offering recycling initiatives using their technology to analyze and fully refurbish used batteries.
Further information about the Company is available on its website ( https://www.evbattery.tech ).
Forward Looking Statements
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward-looking statements and information can be identified by the use of words such as "expects", "anticipates", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward looking statements in this news release include, but are not limited to, statements relating to: the timeline of the Company's launch of the RV Series; expected growth in the RV market; the favourable timing of the Company's entry into the RV market; the development, performance, and reliability of the Company's products; the competitiveness of the Company's products; the proposed use cases for the RV Series; and additional product announcements, technology advancements, and joint ventures in 2021. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
SOURCE EV Battery Tech
Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2021/24/c5338.html
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