Elektros Inc. is Beginning to Reach Out to EV Companies to License Their Patent Pending Invention

Rhea-AI Summary

Elektros Inc (OTC PINK:ELEK), an emerging electric vehicle (EV) company, has announced a patent-pending technology aimed at major EV manufacturers, including Tesla and Nissan. With innovations like a self-re-charging battery assembly, Elektros aims to become a significant player in the rapidly growing trillion-dollar EV market. The company plans to manufacture its own electric SUVs and has partnered with Segula Technologies to support this initiative, targeting a product rollout by early 2023. The CEO emphasizes the environmental benefits and cost savings associated with their technology.

Positive

• Filed a patent for self-re-charging battery technology.
• Partnership with Segula Technologies aims to facilitate EV manufacturing.
• Plans to launch its own electric SUVs by early 2023.

Negative

• None.

SUNNY ISLES BEACH, FL / ACCESSWIRE / November 11, 2021 / Elektros Inc (OTC PINK:ELEK) is an emerging electric automobile company. Announcing its patent pending technology to target major EV Manufactures. With its self-re-charging battery assembly and a multi-port charging assembly system.

Elektros enthusiastically revealed its filed pending patent late last month with the United States Patent and Trademark Office. The objective is to enter into the EV Market. Focusing on players like Tesla, Nissan, Volkswagen, Lucid to name a few. Additionally, will engage alternative fuel vehicle manufacturer for their technology. This will enable Elektros Inc to become a key participant within this industry. Developing into a major supplier, partner and leader inside what will become over a trillion-dollar industry within several years.

Eyes on the future. Elektros is targeting not only the EV Market. But plans to manufacture its own EV vehicle. By signing a contract with Segula Technologies. They have their US base in Detroit MI. Establishes them squarely inside the EV arena.

Elektros is setting their sights on cultivating its own electric SUVs. Elektros and not only excited but confident of its technology. More so, they will engage the storage and generation of energy sector alongside building its own Electric Vehicle. There is a target of early 2023 to rollout with its own EV. Helping combat the effect of carbon emission.

The three major areas for Elektros momentum inside the EV Market are outlined below.

• Electric Vehicles: These are vehicles powered completely by a single on-board energy storage system (battery pack or fuel cell) which is refueled directly from an electricity source.
• Plug-in Electric Vehicles: These have two different sources of energy. They have battery packs with an electric motor combined with combustion engine. These models can work in unison with each other, or independently. A good example of this type of vehicle is the Honda Clarity
• Hybrid Vehicle: A system that does not need outside charging and only uses regular petroleum to fuel its self. These are the classic Hybrids we have always knows such as the Toyota Prius and their family of cars. The battery is recharged through the combustible engine and also its regenerative braking system.

CEO of Elektros Inc Shlomo Bleier, "This is not only an advancement for technology, more so what it means to the environment, a persons health. To being able to save hard earned cash from fuel saving. Elektros is extremely proud to support The Green Initiative for the wellbeing of everyone, and how all this transpired. But, transforming Elektros into being a global player inside such a valuable marketplace." Mr Bleire continues, "Our technology will not only be used Globally. But we plan to aggressively use them for own design of our Electric Vehicles, creating a true Game Changer both as a supplier of components and developer of our Electric Vehicles."

About Elektros Inc.

Elektros is an American Electric Vehicle 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 unveil a compelling and completely new Electric Vehicle experience to consumers beginning as early as 2023. The company plans a product unveiling in early 2022.

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
David Maddox
Email: dmaddox@bullsimedia.com
Website www.bullsimedia.com
Phone: 813-687-5257

SOURCE: Elektros, Inc.

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FAQ

What is Elektros Inc's patent-pending technology about?

Elektros Inc's patent-pending technology focuses on a self-re-charging battery assembly for electric vehicles.

When does Elektros plan to roll out its own electric vehicle?

Elektros plans to roll out its electric vehicle by early 2023.

Who are Elektros's target companies in the EV market?

Elektros is targeting major EV manufacturers like Tesla, Nissan, and Volkswagen.

What is the significance of Elektros's partnership with Segula Technologies?

The partnership with Segula Technologies aims to support Elektros in manufacturing its own electric SUVs.

What market is Elektros Inc looking to enter?

Elektros Inc is looking to enter the electric vehicle market, which is projected to grow into a trillion-dollar industry.