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ELEKTROS INC - ELEK STOCK NEWS

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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 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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Elektros (OTC PINK:ELEK) has announced its intent to acquire Sunday Scooters, an established electric scooter company operating in the U.S. and Mexico. The agreement was reached verbally on March 15, 2022, at the Diplomat Hotel in Florida. Elektros sees this acquisition as a strategic move to enhance its presence in the electric mobility sector, which includes its upcoming Elektros Sonic electric vehicle. The company aims to reduce carbon footprints through efficient transportation solutions. Final purchase agreement details are in process.

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Elektros (OTC PINK:ELEK) intends to acquire Sunday Scooters, an electric scooter company operating in the U.S. and Mexico. The negotiation took place at the Diplomat Hotel on March 15, 2022, where both parties reached a verbal agreement. Elektros aims to leverage this acquisition to enhance its position in the electric mobility sector, competing against companies like Bird (BRDS). Final details are being submitted to solidify the purchase agreement. This move aligns with Elektros' mission to reduce carbon footprints through innovative transportation solutions.

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Elektros (OTC PINK:ELEK) has announced the hiring of consultant Doniel Gold, an entrepreneur with extensive connections in the electric vehicle (EV) sector. The company is finalizing exclusive rights for its Elektros Sonic vehicle in conjunction with Jinpeng Group. With production on track, Elektros aims to deliver its first Sonic vehicles this summer, positioning itself as a competitive player amidst rising gas prices. This strategic move is expected to enhance Elektros's market presence and operational capabilities.

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Elektros (OTC PINK:ELEK) announces the hiring of Doniel Gold, a prominent electric vehicle consultant, enhancing its connections in the industry. The firm is finalizing exclusive rights discussions with Jinpeng Group, signaling advancement in its production of the Elektros Sonic electric vehicle. As rising gas prices boost interest in EV solutions, Elektros aims to deliver its first vehicles by summer 2023. The company positions itself as a key player in sustainable mobility, focusing on innovation and customer-centric solutions to meet market demands.

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FAQ

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

The current stock price of ELEKTROS (ELEK) is $0.0245 as of December 31, 2024.

What is the market cap of ELEKTROS (ELEK)?

The market cap of ELEKTROS (ELEK) is approximately 205.2M.

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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205.21M
66.52M
Auto Manufacturers
Consumer Cyclical
United States of America
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