Post by
Shuffles365 on Jan 12, 2021 6:57am
News
EV Battery Tech Unveils the IoniX Pro TITAN(TM) Series C.ACDC| 1 hour ago (TheNewswire) ACDC announces plans to launch its SECOND series of products to compete in the Large Scale Battey Market Vancouver, BC -TheNewswire -January 12, 2021 Extreme Vehicle Battery Technologies Corp. (theCompanyor EV Battery Tech) (CSE:ACDC)(CNSX:ACDC.CN) (OTC:CRYBF)is pleased to announce its plans to launch the Ionix Pro TITANTM series (the TITANTMseries). With the energy storage systems (ESS) market projected to grow to almost $550 Billion by 2035,1and Tesla announcing it has not been able to keep up with demand for its ESS battery products,2the 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 theTITANTMseries.Following completion of the ongoing development process and the products launch, theTITANTMseriesis anticipated to compete with Teslas MegaPack in the North American Market. As Ive 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 announcedHome 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 theSmart WallTMseries, 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 theSmart WallTMseries, the Companys goal is to deliver theTITANTMseriesat 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 About EV Battery Tech Extreme Vehicle Battery Technologies Corp. is a blockchain and battery technology company withrevolutionary, patented Battery Management Systems (BMS) designed to meet the growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets. The company has committed to assisting global recycling solutions by offering recycling initiatives using their technology to analyze and fully refurbish used batteries. Further information about the Company is available on its website (https://www.evbattery.tech). The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release. Forward Looking Statements The information in this news release includes certain information and statements about managements view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward-looking statements and information can be identified by the use of words such as expects, intends, is expected, potential, suggests or variations of such words or phrases, or statements that certain actions, events or results may, could, should, would, might or will be taken, occur or be achieved. Forward looking statements in this news release include, but are not limited to, statements relating to: the timeline of the Companys launch of itsTITANTMseries;the Companys ability to complete the development of its products, including itsTITANTMseries;the Companys belief that itsTITANTMserieswill be able to compete withTeslas MegaPack in the North American Market;the anticipated growth of the ESS market; the pricing of theTITANTMseries;the Companys belief that it will be able to deliver competitive products at lower prices;andthe timeline of the Companys launch of itsSmart WallTMseries. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. 1https://www.powermag.com/research-group-energy-storage-market-will-hit-546-billion-by-2035/ 2https://www.energy-storage.news/news/tesla-demand-for-powerwall-megapack-continues-to-outstrip-supply Copyright (c) 2021 TheNewswire - All rights reserved. TheNewsWire January 12, 2021 - 2:01 AM PST Tags: SOFTWARE-APPLICATIONTECHNOLOGY 0 Related NewsStockhouse @ the Bell: North American Mark
Comment by
gambleitall on Jan 12, 2021 7:22am
It's pretty much the same news just put out! Good on them trying to keep the momentum I suppose.