Elektros, Inc. (OTC: ELEK) Elektros Purchases One Hundred Elektros Sonic Vehicles from Jinpeng Group
Elektros (OTC PINK: ELEK) has announced a significant increase in its purchase order from Jinpeng Group, acquiring 100 Elektros Sonic electric vehicles. This order includes 20 high-speed and 80 low-speed models, aimed at providing affordable, eco-friendly transportation. The low-speed vehicles can travel up to 25 mph and are expected to gain quicker crash-test approvals. All vehicles are projected for delivery within 90 days, reinforcing Elektros' commitment to sustainable mobility solutions.
- Increased purchase order to 100 Elektros Sonic vehicles, indicating strong demand.
- Includes a mix of 20 high-speed and 80 low-speed electric vehicles to cater to different consumer needs.
- Low-speed vehicles expected to have quicker regulatory approvals, facilitating faster market entry.
- Aims to provide affordable and eco-friendly transportation options, enhancing the company's image and market position.
- Potential risks associated with future market acceptance and demand for Elektros vehicles.
- Uncertainties in regulatory processes at the state or federal level may impact vehicle deployment.
Elektros (OTC PINK: ELEK), an emerging leader in the electric vehicle industry, today announced that the company has increased their original purchase order from Jinpeng Group to include one hundred Elektros Sonic electric vehicles.
SUNNY ISLES BEACH, FL / ACCESSWIRE / April 7, 2022 / Elektros Inc. is thrilled to announce that the company has officially purchased one hundred Elektros Sonic vehicles from their exclusive manufacturer, Jinpeng Group. This purchase order includes twenty high-speed electric vehicles and eighty low-speed electric vehicles which will all be Elektros Sonic branded.
In addition to the heavily anticipated Elektros Sonic high-speed vehicles, the company also looks forward to providing consumers with an even more affordable option. This option includes low-speed electric vehicles that will help reduce the carbon footprint by providing consumers with an eco-friendly means of transportation for local travel and everyday errands. These street-legal Elektros Sonic vehicles will be able to drive up to 25mph and may be registered and insured by consumers once they are approved by the U.S. Department of Transportation.
The company also anticipates a quicker crash-test approval for these lower-speed vehicles since they tend to have less regulations compared to higher-speed vehicles. All one hundred Elektros Sonic vehicles are expected to deliver to the U.S. in the next ninety days. Elektros Sonic looks forward to paving the way to a more sustainable, cost-effective future of mobility for all.
About Elektros, Inc.
Elektros 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.
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.
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SOURCE: Elektros, Inc.
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