STOCK TITAN

Daymak Streams Unveiling Event, Featuring EV Battery Tech’s IONiX Pro Custom Battery System

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Extreme Vehicle Battery Technologies Corp. (CSE: ACDC, OTCQB: CRYBF) is set to unveil its revolutionary Spiritus Electric Vehicle today at 2 PM EST, in partnership with Daymak and IONiX Pro. Daymak aims to position Canada as a leader in electric vehicle manufacturing, planning to produce hundreds of thousands of vehicles domestically. The company recently purchased 1,000 IONiX Pro SmartWalls and entered a sales and distribution agreement with IONiX Pro. Daymak's distribution network includes over 150 dealers and aims to showcase the SmartWall in various locations.

Positive
  • Daymak intends to manufacture hundreds of thousands of vehicles in Canada.
  • Partnership with IONiX Pro strengthens EV Battery Tech's position in the EV market.
  • Successful purchase of 1,000 SmartWalls enhances product offerings.
  • Daymak has a robust distribution network with over 150 dealers.
Negative
  • None.

Daymak Streams Its Widely Anticipated Unveiling of Its Revolutionary Spiritus Electric Vehicle, Which Features a Custom IONiX Pro Battery System

Vancouver, B.C., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Extreme Vehicle Battery Technologies Corp. (the “Company” or “EV Battery Tech”) (CSE: ACDC) (OTCQB: CRYBF) and IONiX Pro Battery Technologies Corp. (“IONiX Pro”) are pleased to announce that their partner, Daymak Avvenire Inc. (“Daymak”), will be live streaming the unveiling of its Spiritus Electric Vehicle (the “Spiritus”) to all registered viewers at 2pm EST (11am PST) today.

To register for the unveiling event please sign up at https://daymakavvenire.com/spiritus-event/.

We are officially a car manufacturer in Canada. Our goal is to build all the Daymak Avvenire lineup in Canada and put Canada on the map for electric vehicles with IONiX Pro as our partner. Our goal is to manufacture hundreds of thousands of vehicles in Canada,” stated Aldo Baiocchi, President of Daymak.

Last week EV Battery Tech, IONiX Pro and Daymak made several blockbuster announcements including:

Daymak also announced its intention to start showcasing the SmartWall at various locations in their dealer network from Toronto to Los Angeles to Rome. Daymak has a 60,000 square foot distribution facility and intends to set up a showroom for the SmartWall in its flagship Toronto location.   Daymak has sold and distributed over 100,000 electric vehicles and now anticipates a large growth curve with the addition of the Spiritus and the SmartWall to their distribution network.

“I am very excited and honored to be a part of this event,” commented IONiX Pro Managing Director, Robert Abenante. “Aldo and his team at Daymak have shown great support and we continue to strengthen our relationship with them. We will be displaying our SmartWall at this event as well as the very first Avvenire vehicle that has a custom IONiX Pro battery system,” continued Mr. Abenante.

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 Daymak Inc.

Daymak, Inc, founded in 2002 with headquarters in Toronto, is a pioneer in personal light electric vehicles (LEVs). Daymak has a world-class global distribution network including 150 dealers and big-box retailers like Walmart, Costco, and Best Buy. Daymak is the number one distributor and developer of LEVs in Canada with more than 100,000 vehicles sold, and is known for cutting-edge designs like the world's first fully wireless e-bike and Canada’s first solar-powered, off-road e-bike.

Daymak’s Avvenire Series is a comprehensive line-up of ground-breaking personal mobility vehicles including everything from electric cars to electric flying vehicles, set for production starting in 2022. Daymak Ondata, Daymak’s patent-pending wireless charging technology, is a more compact, cost-effective and scalable solution than any other wireless charging technology available on the market today.

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. The Canadian Securities Exchange (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 unveiling of the Spiritus, (ii) Daymak’s status as a car manufacturer in Canada and it’s goal to build all the Daymak Avvenire lineup in Canada, put Canada on the map for electric vehicles with IONiX as its partner and manufacture hundreds of thousands of vehicles in Canada, (iii) Daymak’s intention to showcase the SmartWall at its various locations in its dealer network and set up a showroom for the SmartWall at its flagship Toronto location, (iv) Daymak’s anticipation of a large growth curve, (v) the Company’s continually strengthening relationship with Daymak and (vi) the displaying of the SmartWall and the first Avvenire vehicle that has a custom IONiX Pro battery system at the Daymak event. 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.


FAQ

What is the significance of the Spiritus Electric Vehicle unveiling on Dec. 20, 2021?

The unveiling of the Spiritus marks Daymak's official entry as a car manufacturer in Canada and aims to leverage partnerships to boost domestic EV production.

How does Daymak plan to impact the electric vehicle market in Canada?

Daymak plans to manufacture hundreds of thousands of vehicles and establish Canada as a leader in the electric vehicle space.

What recent agreements has Daymak entered into?

Daymak has signed a sales, distribution, and service agreement with IONiX Pro and purchased 1,000 SmartWalls, enhancing its product lineup.

What does the partnership between Daymak and IONiX Pro entail?

The partnership focuses on manufacturing and distributing electric vehicles in Canada, including the innovative Spiritus model.

CRYPTOBLOX TECHNOLGIES

OTC:CRYBF

CRYBF Rankings

CRYBF Latest News

CRYBF Stock Data

9.46M
105.94M
0.01%
Software - Infrastructure
Technology
Link
United States of America
Vancouver