Elektros, Inc. (OTCMKTS:ELEK) heats up as electric vehicle company files patent for new portable charger battery

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Elektros, Inc. (OTCMKTS:ELEK) has been moving north in recent weeks since reversing lows of $0.094. The stock is under hoarding by penny stock speculators and it’s easy to see why; ELEK rose from current levels to over $8 per share in November 2021, a run we reported on after the company announced “Miami Billionaire, Dr. Michael Dezer is a new majority shareholder in the company. Dr. Dezer is the renowned real estate developer, known for his investments in New York and Florida, and is a well-known collector of classic car memorabilia.”

ELEK has runners in its blood and penny stock speculators who got rich from the historic run ELEK made in November 2021 at over $8 per share rack up as ELEK reverses north the 52-week low under a penny. The stock has a huge gap to fill from current levels and soared to $0.50 in one day in March, so it still has plenty of spring and can move quickly. Of the 426,670,714 shares currently issued and outstanding, 397,085,404 are restricted, leaving a low float of just 29,585,310 free-trading ELEK shares worth $3.5 million. The company is also reporting progress on June 3, it filed a patent with the United States Patent and Trademark Office for a revolutionary portable charger battery that will be compatible with all established electric vehicle companies such as Tesla Motors and Mercedes-Benz EQS.

Elektros, Inc. (OTCMKTS: ELEK) operating out of Sunny Isles Beach, Florida, is an American electric transportation company that innovates mobility solutions for consumers and businesses. The automotive landscape will face existential disruptions over the next decade to achieve carbon neutrality. Elektros addresses this paradigm shift with mobility technologies that support sustainability for a transformative user experience. Elektros aims to introduce consumers to a compelling and entirely new electric vehicle experience known as Elektros Sonic as early as 2023.

In April, the company purchased 100 Elektros Sonic vehicles from its exclusive manufacturer, Jinpeng Group. This purchase order includes twenty high-speed electric vehicles and eighty low-speed electric vehicles which will all be branded Elektros Sonic. In addition to the highly anticipated Elektros Sonic high-speed vehicles, the company is also excited to offer consumers an even more affordable option. This option includes low-speed electric vehicles that will help reduce the carbon footprint by providing consumers with an environmentally friendly means of transport for local trips and daily errands. These road-legal Elektros Sonic vehicles will be able to travel up to 25 mph and can be registered and insured by consumers once approved by the U.S. Department of Transportation. All one hundred Elektros Sonic vehicles are expected to be delivered to the United States within the next ninety days. Elektros Sonic looks forward to leading the way to a more sustainable and profitable future of mobility for everyone.

Microcapdaily first reported on ELEK on November 16, 2021 as the stock made its historic run from pennies to $8.50 per share in our article: “Elektros Inc. (OTCMKTS:ELEK) Soars as Miami Billionaire Dr. Michael Dezer Becomes Majority Owner of Emerging Electric Vehicle Innovator.” we wrote: “ELEK is skyrocketing in the rankings after the company announced that Miami billionaire Dr. Michael Dezer has become majority shareholder of ELEK. Dr. Dezer is the renowned real estate developer, recognized for his investments in New York and Florida. Also, he is a well-known collector of classic car memorabilia. ELEK is a “pink current” with 404 million shares outstanding and a total market value of just $140 million at current price levels. The company has an ambitious plan to target electric vehicle manufacturers such as Waymo, Envoy, Lucid Motors, Revel, NIO and Nikola with its patent-pending technology, as well as manufacturers of alternative fuel vehicles. The Company plans to begin designing, developing, manufacturing and selling all-electric sport utility vehicles and energy generation and storage systems. Elektros is not just targeting the electric vehicle market. But plans to make its own electric vehicle. By signing a contract with Segula Technologies. They have their US base in Detroit MI. Establishes them squarely in the electric vehicle arena. The company also plans to develop its own electric SUVs.

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March 16, AppliancesInc. has entered into an exclusive agency framework agreement with Jinshun Import and export Xuzhou Co., LTD from China to exclusively sell and distribute JIEX electric vehicles. The agreement provides that at least 2,000 units will be produced by JIEX and distributed by ELEK with unit increases of 30% every 12 months. The Company has also entered into a Regulatory Advisory Agreement (“Advisory Agreement”) with California-based IDIADA Automotive Technology USA LLC to conduct crash testing and certify Appliances Sonic vehicles direct from China. IDADA provides a renowned certification program that closely examines overseas vehicle production and conducts a high level gap analysis to assess what is needed for National Highway Traffic Safety Administration (NHTSA) and Federal Motor Vehicle Safety Standards (FMVSS) compliance. The IDIDA team recently visited Appliances Sonic point of the production site in China.

Elektros is in the process of purchasing several electric vehicles from Tesla, Inc. to launch the company’s highly anticipated all-electric vehicle rental car division. This order form will include several Tesla models that are expected to ship in October of this year. With current demand for vehicles at record highs, the company looks forward to providing consumers with accessible and affordable car rental alternatives that will also help reduce carbon footprints in the future. The company also anticipates strong demand from consumers who want to experience Tesla vehicles for the first time without having to purchase the vehicle. The first fleet of all-electric vehicles will be available through Turo, a car-sharing company, in Sunny Isles Beach, Florida, before expanding to other cities nationwide. The company looks forward to pioneering the future of electric mobility with sustainability in mind.

On June 3, ELEK announced that it had filed a patent with the United States Patent and Trademark Office for a revolutionary portable charger battery that will be compatible with all established electric vehicle companies such as Tesla Motors. and Mercedes-Benz EQS.

The portable battery will be like a briefcase that will hold an extension cord and allow consumers to plug in their electric vehicle anytime and anywhere in case they don’t have access to a traditional electric vehicle charger. This technology will have the consumer in mind and depending on the type of electric vehicle, the portable charger can be stowed neatly in the trunk, connecting to the vehicle’s main battery and turning on with a simple switch on the dashboard in if needed. The company aims to perfect this world-renowned battery technology over the next year to make it compatible with all Tesla models and other electric vehicles such as the Mercedes-Benz EQS. The company is excited to continue providing electric mobility solutions that help shape the future of the electric vehicle industry.

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Currently trading in a $50 million market Evaluation ELEK is an exciting stock that has surged from current levels to over $8 per share in November 2021, a run we reported on after the company announced “Miami Billionaire, Dr. Michael Dezer is a new majority shareholder of the company. dr. Dezer is the renowned real estate developer, recognized for its investments in New York and Florida. Also, he is a well-known collector of classic car memorabilia. Since he recently knocked over an ELEC penny has been moving north. The stock has a huge gap to fill from current levels and soared to $0.50 in one day in March, so it still has plenty of spring and can move quickly. Of the 426,670,714 shares currently issued and outstanding, 397,085,404 are restricted, leaving a low float of just 29,585,310 free-trading ELEK shares worth $3.5 million. The company is also reporting progress on June 3, it filed a patent with the United States Patent and Trademark Office for a revolutionary portable charger battery that will be compatible with all established electric vehicle companies such as Tesla Motors and Mercedes-Benz EQS. We’ll update ELEK when more details emerge, so make sure you’re subscribed to Microcapdaily so you know what’s going on with ELEK.

Disclosure: We do not hold any positions in ELEK, long or short, and we have not been compensated for this article.

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