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Elektros, Inc. (OTC:ELEK) Production is Underway for Elektros Sonic Vehicles, Delivery Expected Early Summer 2022

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Elektros Inc. (OTC PINK:ELEK) has announced the commencement of production for Elektros Sonic Vehicles, with anticipated deliveries set for early summer 2022. The company is negotiating exclusive rights with Jinpeng Group for luxury automotive parts and accessories, aiming to enhance consumer demand. The vehicles will undergo crash testing by the U.S. Department of Transportation upon delivery, with plans to introduce the Elektros Sonic to consumers as early as 2023. CEO Shlomo Bleier emphasized a focus on affordable luxury in the electric vehicle market.

Positive
  • Production of Elektros Sonic Vehicles has officially begun.
  • Expected delivery of vehicles is set for early summer 2022.
  • Negotiations with Jinpeng Group aim to secure exclusive rights for luxury automotive parts.
  • Plans to introduce Elektros Sonic to consumers by 2023.
Negative
  • Reliance on future sales and market acceptance of Elektros Sonic vehicles is uncertain.
  • Forward-looking statements are inherently risky and may not guarantee future performance.

Elektros Inc. (OTC PINK:ELEK), an emerging electric vehicle company based in South Florida, is pleased to announce that today marks the first day of production for Elektros Sonic Vehicles and delivery is anticipated early this summer. The company is now discussing exclusive rights with Jinpeng Group in preparation for consumer demand.

SUNNY ISLES BEACH, FL / ACCESSWIRE / March 3, 2022 / Elektros Inc. is thrilled to announce that the production of Elektros Sonic vehicles is officially underway with anticipated delivery early this summer. The company also announced today that they were able to further negotiate their contract with Jinpeng Group to add on unique luxury automotive parts and Elektros Sonic branded accessories which the company hopes to reveal in coming months.

Elektros Inc. is working closely with Jinpeng Group and hopes to finalize exclusive U.S. rights with the company in the near future. "We're moving at a fast pace to provide consumers with affordable luxury in the electric vehicle space," said Shlomo Bleier, CEO of Elektros Inc. "Elektros Sonic aims to become a household name."

As previously announced, Elektros Inc. will submit the electric vehicles to be crash test approved by the U.S. Department of Transportation upon delivery. The company aims to present Elektros Sonic to consumers beginning as early as 2023.

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 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: Elek.World

SOURCE: Elektros, Inc.



View source version on accesswire.com:
https://www.accesswire.com/691362/Elektros-Inc-OTCELEK-Production-is-Underway-for-Elektros-Sonic-Vehicles-Delivery-Expected-Early-Summer-2022

FAQ

What is Elektros Inc. announcing regarding the Elektros Sonic Vehicles?

Elektros Inc. announced the start of production for Elektros Sonic Vehicles, with deliveries expected in early summer 2022.

When will Elektros Sonic Vehicles be available to consumers?

Elektros Sonic Vehicles are anticipated to be available to consumers as early as 2023.

What partnership is Elektros Inc. pursuing?

Elektros Inc. is negotiating exclusive rights with Jinpeng Group for luxury automotive parts and accessories.

What regulatory process will Elektros Sonic Vehicles undergo?

The vehicles will be submitted for crash testing approval by the U.S. Department of Transportation upon delivery.

What does the forward-looking statement caution imply for Elektros Inc.?

The caution implies that future performance, such as sales and market acceptance, may not be guaranteed and carries inherent risks.

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