(TheNewswire)
ACDC announces plans to launch its SECOND series of products to compete in the Large Scale Battey Market
Vancouver, BC - TheNewswire - January 12, 202 1 – Extreme Vehicle Battery Technologies Corp. (the “Company” or “ EV Battery Tech ”) (CSE: ACDC ) (CNSX:ACDC.CN) (OTC:CRYBF) is pleased to announce its plans to launch the Ionix Pro “TITAN TM ” series (the “ TITAN TM series ”).
With the energy storage systems (“ ESS ”) market projected to grow to almost $550 Billion by 2035, 1 and Tesla announcing it has not been able to keep up with demand for its ESS battery products, 2 the Company has been working very hard on its own line of industrial-scale ESS solutions and is very excited to unveil its plan to launch the TITAN TM series . Following completion of the ongoing development process and the product’s launch, the TITAN TM series is anticipated to compete with Tesla’s MegaPack in the North American Market.
“ As I’ve mentioned before, our Company believes the market for ESS or battery storage will increase exponentially in the coming years, ” said EV Battery Tech CEO, Bryson Goodwin.
“ With the imminent launch of our previously announced Home Smart Wall , we wanted to give the world a little sneak peek into the next series of products we intend to launch this year ” continued Goodwin.
The initial products in this series will be focused on industrial, remote back up and renewable energy use. Similar to the Smart Wall TM series , the Company plans to custom tailor the products to customers in each market segment to maximize their value out of the ESS Solution.
Again, similar to the Smart Wall TM series , the Company’s goal is to deliver the TITAN TM series at a lower price point than similar products sold by its competitors, while ensuring its products remain of the highest quality. The Company expects to be able to achieve this goal, thanks to its AI-driven battery management system (“ BMS ”), which provides superior monitoring and repair functionality. The Company also utilizes high-quality lithium-ion batteries on the market for increased efficiency and safety.
More details to follow.
On behalf of the Company,
Bryson Goodwin, Chief Executive Officer
Email: info@evbattery.tech
Phone: 604-325-2223
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