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Elektros in Negotiations with EV Charging Solutions Provider Noodoe

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Elektros (OTC PINK:ELEK) has initiated negotiations with Noodoe, Inc., a leader in EV charging solutions, to explore a joint venture focused on EV OS and management solutions. Noodoe's technology automates various aspects of EV charging, including billing and energy management. The collaboration aims to enhance Elektros' charging operations, including installation and management. Elektros is also preparing to introduce its new electric vehicle, the Elektros Sonic, aimed at transforming the electric vehicle market starting in 2023.

Positive
  • Negotiations with Noodoe may enhance Elektros' EV charging operations.
  • Noodoe's advanced technologies could improve efficiency in Elektros' service delivery.
  • Launch of Elektros Sonic could position the company favorably in the EV market.
Negative
  • None.

SUNNY ISLES BEACH, FL / ACCESSWIRE / September 6, 2022 / Elektros (OTC PINK:ELEK), an emerging leader in the electric mobility industry, announced it has begun negotiations with EV charging provider Noodoe, Inc. regarding joint-venture with their EV OS and management solutions.

Elektros announces it has begun negotiations with Noodoe, Inc., a global leader in EV charging stations and software solutions. Noodoe furnishes fleet operators, site hosts, solution providers, and local charging network providers with cutting-edge EV hardware and software technology through Noodoe EV charging stations and Noodoe EV OS.

Noodoe EV OS fully automates everything from 24/7 charging service delivery, automatic peak-hour price adjustment, automatic transaction billing, automatic payment processing, automatic bank transfer, automatic infrastructure diagnostics, and intelligent energy management.

Noodoe EV Exceed DC series is one of the fastest, most innovative chargers available. These level 3 chargers are the most powerful, highest performing DC chargers in the industry.

As part of negotiations, Elektros will explore Noodoe becoming key technical advisor in our EV charging operations in regards to installation, management, and deployment.

About Noodoe Inc.

To accelerate the world's transition to electric vehicles, Noodoe provides the mission-critical network operating system, Noodoe EV OS, that runs the EV charging networks for their operators. Noodoe EV OS is one of the most advanced cloud-based operating platforms today; it is a charging network's "central brain" that runs all the charging stations across multiple locations and automates the entire operation of the EV charging network. https://www.noodoe.com/

Twitter: https://twitter.com/noodoeEV

About Elektros, Inc.

Elektros (OTC:ELEK) is an American electric transportation company that innovates mobility solutions for consumers and businesses. The automotive landscape faces existential disruption over the next decade to reach carbon neutrality. Elektros addresses this paradigm shift with mobility technologies that support sustainability for a transformative user experience. Elektros aims to present a compelling and completely new electric vehicle experience known as Elektros Sonic to consumers beginning as early as 2023. https://elek.world/

Twitter: https://twitter.com/elektrosenergy

Facebook: https://www.facebook.com/Elektrosmotors/

Cautionary Language Concerning Forward-Looking Statements

This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Elektros, Inc.'s products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Elektros Inc.'s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs, and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Elektros Inc., please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. Elektros, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:

Elektros, Inc.
IR and Media Inquiries
Email: info@elektrosmotors.com

SOURCE: Elektros, Inc.



View source version on accesswire.com:
https://www.accesswire.com/714803/Elektros-in-Negotiations-with-EV-Charging-Solutions-Provider-Noodoe

FAQ

What is Elektros negotiating with Noodoe about?

Elektros is negotiating a joint venture with Noodoe to enhance its EV charging operations using Noodoe's EV OS and management solutions.

What are the benefits of Noodoe's technology for Elektros?

Noodoe's technology can automate billing, transaction processing, and energy management, potentially improving Elektros' service delivery.

When is Elektros expected to launch the Elektros Sonic?

Elektros aims to introduce the Elektros Sonic to consumers beginning as early as 2023.

What is the stock symbol for Elektros?

The stock symbol for Elektros is ELEK.

What type of company is Elektros?

Elektros is an electric transportation company focused on innovative mobility solutions.

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