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Elektros, Inc. (OTC:ELEK) Elektros Secures Fleet from Tesla, Inc. to Launch its All-Electric Rental Car Division

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Elektros (OTC PINK:ELEK), an emerging player in the electric vehicle sector, has initiated a purchase order for several Tesla vehicles to launch its all-electric rental car division. This move aims to meet the growing demand for vehicle rentals while promoting sustainability. The fleet is expected to be available in October 2022 through Turo in Sunny Isles Beach, FL, with plans to expand across the U.S. CEO Shlomo Bleier stated this milestone positions Elektros as the world's first fully electric rental company, emphasizing a transformative user experience.

Positive
  • Initiation of purchase order for multiple Tesla vehicles.
  • Launch of the all-electric rental car division expected in October 2022.
  • Plans for nationwide expansion of rental services.
Negative
  • Dependence on consumer demand for electric rentals, which could fluctuate.
  • Risks associated with the competitive landscape in the rental car market.

Elektros (OTC PINK:ELEK), an emerging leader in the electric vehicle industry, today announced that the company has initiated a purchase order of several vehicles from Tesla, Inc. to jump-start the company's all-electric rental car division.

SUNNY ISLES BEACH, FL / ACCESSWIRE / May 19, 2022 / Elektros Inc. announced today that the company has started the purchase order process for several electric vehicles from Tesla, Inc. to launch the company's heavily anticipated all-electric vehicle rental car division. This purchase order will include multiple Tesla models which are expected to deliver in October of this year.

With the current demand for vehicles at all-time highs, the company looks forward to providing consumers with accessible and affordable car rental alternatives that will also aid in reducing the carbon footprint in the future. The company also foresees high demand from consumers who want to experience Tesla vehicles for the first time without having to purchase the vehicle.

"Securing our first fleet of electric vehicles for our rental car division fleet sets milestones for our company," states Shlomo Bleier, CEO of Elektros Inc. "Elektros will be the world's first-ever fully electric vehicle rental company."

The first all-electric vehicle fleet will become available through Turo, a carsharing company, in Sunny Isles Beach, FL before expanding to other cities nationwide. The company looks forward to pioneering the future of electric mobility with sustainability in mind.

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.

CONTACT:

Elektros, Inc. IR and Media Inquiries
Email: ElektrosInc@gmail.com
Website: https://elek.world/

SOURCE: Elektros, Inc.



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FAQ

What is Elektros planning with Tesla vehicles?

Elektros has initiated a purchase order for several Tesla vehicles to launch its all-electric rental car division.

When will Elektros's electric rental cars be available?

The first fleet of Elektros's electric rental cars is expected to be available in October 2022.

Where will Elektros's electric rental cars be launched?

The electric rental cars will initially launch in Sunny Isles Beach, FL, with plans to expand nationwide.

What are the benefits of Elektros's rental car division?

The rental car division aims to provide accessible and affordable electric vehicle alternatives while reducing the carbon footprint.

What challenges does Elektros face in its rental car division?

Elektros faces risks related to fluctuating consumer demand and competition within the rental car market.

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