RE:RE:RE:RE:RE:RE:RE:RE:Elon musk πππ Hillcrest Developments---- Hunter looks to me you hav'nt done your DD on the HRH & ACDC arragement this is posted on the HRH news section.
Through the Letter of Intent with Hillcrest, the Company sought a collaboration to jointly develop and market ESS power systems. Hillcrest had announced a Memorandum of Intent with ANIGO Technologies Inc., who had been described to the Company as owning electric machine control technology. On the assumption that Hillcrest would reach a definitive agreement with ANIGO, the Company intended to develop a renewable energy ESS on its BMS technology platform, using ANIGO’s motor and generator control system technology.
Since the announcement in November of 2020, the Company has not pursued a definitive agreement with Hillcrest, as they have not yet announced the completion of a definitive agreement with ANIGO, which is a prerequisite to any agreement with EV Battery Tech. The Company continues to engage with Hillcrest and hopes to collaborate with them as originally planned.
“We have a very positive relationship with Hillcrest and hope they are able to secure and then validate the technology with ANIGO,” said Bryson Goodwin, President and CEO EV Battery Tech.
“Our potential collaboration with Hillcrest only relates to a single specific ESS application for one product we have in development for the renewable energy market. The key to the product will be our patented BMS technology and the technology from ANIGO will complement the product. In the event we do not pursue a definitive agreement with Hillcrest, we will continue to develop our ESS product,” continued Mr. Goodwin.
“Due to the momentum we have seen in our Company over the past couple weeks, we have been approached by several companies with similar technologies looking to collaborate with us. However, at this time, we hope Hillcrest can secure and validate the technology with ANIGO and, if they do, we will re-engage discussions towards a definitive agreement,” concluded Mr. Goodwin.
On behalf of the Company,
Bryson Goodwin, Chief Executive Officer
Email: info@evbattery.tech
About EV Battery Tech
EV Battery Tech is a blockchain and battery technology company with exclusive North and South American distribution rights as well as European and African distribution rights to patented battery management systems (BMS) designed to meet the growing demand for scalable, smart solutions for the electric vehicle (EV) and energy storage solution (ESS) markets.
EV Battery Tech’s technology is based on artificial intelligence (AI) algorithms designed to analyze the short comings of batteries in today’s market. The resulting extraordinary technology allows batteries to have more efficient power management and longer battery life, while offering real-time monitoring and remote maintenance.
The Company’s AI technology will also allow it to use recycled batteries in its ESS manufacturing process, making it one of the greenest battery technology companies in the industry.