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Elektros Inc - ELEK STOCK NEWS

Welcome to our dedicated page for Elektros news (Ticker: ELEK), a resource for investors and traders seeking the latest updates and insights on Elektros stock.

Elektros Inc. is an innovative American electric transportation company dedicated to revolutionizing mobility solutions for consumers and businesses. With a focus on sustainability and clean energy, Elektros is leading the way in the electric mobility industry. Recent achievements include the development of the groundbreaking Multi-Port Charging Assembly for electric vehicles, along with progress in lithium mining capabilities in West Africa. Elektros aims to secure a high-grade lithium deposit in Sierra Leone, an essential resource for the EV market. The company is debt-free and has a 100% equity cap structure, allowing it to invest in future growth and innovation.

Elektros is committed to patenting its Multi-Port Charging Assembly technology and continues to advance towards a letter of intent for the lithium deposit in Sierra Leone. CEO Shlomo Bleier emphasized the company's dedication to sustainability, clean energy, and providing a transformative user experience in the rapidly evolving automotive landscape. With no convertible securities and a strong financial position, Elektros is well-positioned to drive the future of electric transportation.

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Elektros (OTC PINK:ELEK) has initiated a purchase order for several Tesla vehicles to launch its all-electric rental car division. The vehicles are expected to be delivered in October 2022, responding to a high demand for electric vehicles. This pioneering move positions Elektros as the world's first fully electric vehicle rental company, starting operations in Sunny Isles Beach, FL, with plans for national expansion through Turo. The company aims to provide affordable, eco-friendly rental options and plans to introduce its unique electric vehicle experience, Elektros Sonic, in 2023.

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Elektros (OTC PINK:ELEK) has expanded its purchase order with Jinpeng Group, now including 100 Elektros Sonic electric vehicles. This order comprises 20 high-speed and 80 low-speed vehicles aimed at offering an eco-friendly transportation option. The low-speed models, expected to be registered and insured after Department of Transportation approval, can reach up to 25mph. Delivery is anticipated within ninety days. Elektros aims to provide a transformative electric vehicle experience by 2023, contributing to sustainable mobility solutions.

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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.

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Elektros (OTC PINK:ELEK) has announced an increased purchase order from Jinpeng Group for one hundred Elektros Sonic electric vehicles. This includes twenty high-speed and eighty low-speed models, which are expected to support local travel and reduce carbon footprints. The vehicles will be available for registration and insurance upon approval by the U.S. Department of Transportation. Deliveries are anticipated within ninety days. Elektros aims to provide sustainable mobility solutions and plans to launch the Elektros Sonic experience in 2023.

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Elektros (OTC PINK:ELEK) has announced an exclusive rights agreement with Jiangsu Jinpeng Group for the production of Elektros Sonic vehicles in the U.S. This partnership positions Elektros to advance its electric vehicle offerings, aiming to receive U.S. Department of Transportation approval within 12 months through a major automotive engineering firm. The collaboration focuses on providing a more economical electric vehicle option, with production progress moving swiftly. Elektros plans to launch the Elektros Sonic vehicle to consumers as early as 2023, enhancing its footprint in the electric vehicle market.

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Elektros (OTC PINK:ELEK) has secured exclusive rights with Jiangsu Jinpeng Group for the production of Elektros Sonic vehicles in the U.S. This agreement ensures that Jinpeng Group will exclusively manufacture electric vehicles for Elektros. The company aims to have its Sonic vehicles approved by the U.S. Department of Transportation within a year. Elektros is enthusiastic about its partnership with Jinpeng and is committed to offering a more economical electric vehicle option while expecting to disrupt the industry.

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Elektros (OTC PINK:ELEK) has secured exclusive rights with Jiangsu Jinpeng Group to produce electric vehicles in the U.S. This agreement marks a significant milestone in Elektros's strategy to bring the Elektros Sonic vehicle to market. The company aims for certification by the U.S. Department of Transportation within a year and is focused on providing economical electric vehicle options. Elektros emphasizes its commitment to sustainability and innovation in the electric vehicle sector.

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Elektros (OTC PINK:ELEK) has signed a contract with Applus+ IDIADA to crash test certify its Elektros Sonic vehicles, starting a 12-month certification process. This collaboration aims to comply with U.S. Department of Transportation regulations and ensure adherence to National Highway Traffic Safety Administration standards. Elektros anticipates that this approval will allow them to offer a more affordable electric vehicle option to consumers by 2023. The company is confident in IDIADA's industry expertise and global connections to support the vehicle's success.

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Elektros (OTC PINK: ELEK) announced receipt of a proposal from Applus+ IDIADA to crash test certify its Sonic vehicles from China. This certification aims to ensure compliance with NHTSA and FMVSS standards. Elektros considers IDIADA's expertise critical for expediting U.S. regulatory approval. Following a formal agreement, IDIADA's team will assess production processes in China. The company aims to deliver affordable electric vehicles soon, joining the growing electric mobility market.

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Elektros (OTC PINK: ELEK) announced a formal proposal from Applus+ IDIADA to crash test certify its Sonic vehicles directly from China. This proposal will help expedite the vehicle certification process, ensuring compliance with NHTSA and FMVSS standards. After formalizing the contract, IDIADA will assess production compliance in China. Elektros aims to provide an affordable electric vehicle option, with plans for the Sonic vehicle launch in 2023.

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FAQ

What is the current stock price of Elektros (ELEK)?

The current stock price of Elektros (ELEK) is $0.01 as of February 24, 2025.

What is the market cap of Elektros (ELEK)?

The market cap of Elektros (ELEK) is approximately 269.2M.

What is Elektros Inc. known for?

Elektros Inc. is an American electric transportation company that innovates mobility solutions for consumers and businesses, focusing on sustainability and clean energy.

What recent achievements has Elektros Inc. made?

The company has developed the groundbreaking Multi-Port Charging Assembly for electric vehicles and has made progress in lithium mining capabilities in West Africa.

What is Elektros Inc.'s current focus?

Elektros Inc. aims to secure a high-grade lithium deposit in Sierra Leone, a crucial resource for the EV market, while patenting its innovative Multi-Port Charging Assembly technology.

What is the financial status of Elektros Inc.?

Elektros Inc. is debt-free with a 100% equity cap structure, allowing the company to invest in future growth and innovation.

Who is the CEO of Elektros Inc.?

Shlomo Bleier is the CEO of Elektros Inc., emphasizing the company's commitment to sustainability, clean energy, and a transformative user experience in the automotive industry.

What are Elektros Inc.'s goals for the future?

Elektros Inc. aims to drive the future of electric transportation by patenting its innovative technology, securing essential resources, and leading the industry towards sustainability and clean energy.

How does Elektros Inc. differentiate itself in the electric mobility industry?

Elektros Inc. stands out by focusing on sustainability, clean energy, and providing a transformative user experience in a rapidly changing automotive landscape.

What are the benefits of Elektros Inc.'s Multi-Port Charging Assembly for electric vehicles?

The Multi-Port Charging Assembly offers flexibility and convenience for EV owners, catering to various charging needs and increasing the practicality and range of electric vehicles.

Why is securing a lithium deposit important for Elektros Inc.?

Lithium is a crucial component in producing lithium-ion batteries, the primary power source for EVs. Securing a high-grade lithium deposit in Sierra Leone will enhance Elektros Inc.'s strategic position in the EV market.

How is Elektros Inc. positioning itself for future growth?

Elektros Inc. is focused on innovation, sustainability, and clean energy, with a strong financial position, debt-free status, and a commitment to investing in future growth opportunities.
Elektros Inc

OTC:ELEK

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269.21M
66.52M
Auto Manufacturers
Consumer Cyclical
United States
Sunny Isles Beach