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Extreme Vehicle Battery Technologies Corp. (ACDC.CN)

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0.2400+0.0100 (+4.35%)
At close: 3:59PM EST
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Previous Close0.2300
Open0.2500
Bid0.2350 x N/A
Ask0.2400 x N/A
Day's Range0.2300 - 0.2500
52 Week Range0.2300 - 0.2500
Volume7,495,410
Avg. VolumeN/A
Market Cap75.277M
Beta (5Y Monthly)-5.52
PE Ratio (TTM)N/A
EPS (TTM)-0.0070
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • EV Battery Tech reveals Features and Specifications of the  IoniX Pro TITAN™ Series
    GlobeNewswire

    EV Battery Tech reveals Features and Specifications of the IoniX Pro TITAN™ Series

    Figure 1 Product Rendering – Front View Figure 2 Product Rendering – Side View VANCOUVER, British Columbia, Jan. 18, 2021 (GLOBE NEWSWIRE) -- Extreme Vehicle Battery Technologies Corp. (the “Company” or “EV Battery Tech”) (CSE: ACDC) is pleased to reveal the features and specifications for its IoniX Pro TITAN ESS™ (the “TITAN”)1. The Company announced the unveiling of the IoniX Pro TITAN™ Series last week and is now proud to release the details and specifications of the first product to be rolled out in the series. Embed This Video https://youtu.be/8hUAmatr91E “While the Smart Wall Series will target the smaller scale home and office battery markets, the Titan Series will target large scale mega markets such renewable energy, cities and major industrial,” said EV Battery Tech CEO Bryson Goodwin. Product Rendering – Front View2 https://www.globenewswire.com/NewsRoom/AttachmentNg/23e77399-08b0-4233-bddf-5aa98398ff49 Similar to the Smart Wall Series, the Titan Series will be powered by EV Battery Tech’s patented and AI-driven Battery Management System (BMS). The size of the TITAN will be comparable to a standard 40HQ Container and its capacity per container will range from 500 kw/h to 3,000 kw/h, depending on the needs of the customer. Applications Renewable Energy StorageEnergy Peak ShavingPower Transportation SupportEnergy Load Tracking & Frequency RegulatingBack Up Power Product Rendering Side – View1 https://www.globenewswire.com/NewsRoom/AttachmentNg/ced372fd-5b5a-4d56-aad3-8f0baed54365 Features3 The TITAN is expected to have the following features: Ventilation designAir conditioned and temperature controlledHeat insulation and fire preventionAutomated fire fighting systemPower distribution system which guarantees power outputEmergency lighting systemGrounding lightning protection system Specifications4 The TITAN is expected to have the following specifications: CapacitykWh2000 Rated charge and discharge powerkW630 Rated charging timeH5(≥3H) Rated discharge timeH3(≥3H) Rated output frequencyHz60 Rated output voltageVac400 AC phase number 3 phases Allowable altitudemeter≤2000 Working environment temperature℃0—40 Working environment humidity%RH10—90 System efficiency%86(85~88) System cycle life(25℃)times5000 The Company’s entry into the large scale energy storage solutions (ESS) market is expected to put it in competition with Tesla and their MegaPack. In their most recent quarter, Tesla was quoted saying there is “unprecedented demand across the globe” for their ESS products. In fact, they went so far as to say that they are not able to keep up with the demand.5 “We are seeing significant growth in the demand for large scale ESS products and we are happy to be one of the first movers to announce a product with state-of-the-art BMS technology, which is expected to make it one of the safest and most reliable ESS products on the market,” mentioned Mr. Goodwin. “With this scalable product, we hope to service both small markets and large markets, ranging from minor remote back up to major cities. These products could be the answer to intermittent renewable energy, remote community reliance on fossil fuels and balancing of overloaded city grids,” continued Mr. Goodwin. The Company expects the full launch of the TITAN ESS and first orders for the product to commence this quarter. On behalf of the Company, Bryson Goodwin, Chief Executive Officer Email: info@evbattery.tech Phone: 604-352-2223 About EV Battery Tech Extreme Vehicle Battery Technologies Corp. is a blockchain and battery technology company with revolutionary, 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). Forward Looking Statements The information in this news release includes certain information and statements about management’s 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 Company’s launch of its TITAN series, the expected features, launch timeline and market reception of same. 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. The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release. ______________________________________________ 1 Expected to be launched in Q1 of 20212 Projected product rendering. Actual design of product may vary3 Features may vary on the final product4 Specifications may vary on the final product5 https://www.energy-storage.news/news/tesla-demand-for-powerwall-megapack-continues-to-outstrip-supply

  • EV Battery Tech Provides Updates on Definitive Agreement with EcoVille and LOI with Hillcrest
    GlobeNewswire

    EV Battery Tech Provides Updates on Definitive Agreement with EcoVille and LOI with Hillcrest

    VANCOUVER, British Columbia, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Extreme Vehicle Battery Technologies Corp. (the “Company”) (CSE: ACDC) is pleased to provide updates on its definitive agreement with Squamish EcoVille Ltd. dba EcoVille Ltd. (“EcoVille”) dated November 12, 2020 (the “Definitive Agreement”) and its letter of intent with Hillcrest Petroleum Ltd. (TSX-V: HRH) (“Hillcrest”) dated November 18, 2020 (the “Letter of Intent”). EcoVille DevelopmentsThrough the Definitive Agreement, the Company secured the rights to be the sole, exclusive provider of energy storage system (“ESS”) solutions for the EcoVille development in British Columbia. The intention behind the Definitive Agreement was for the Company to outfit the Squamish BC development’s buildings and renewable energy generation systems.Since announcing the Definitive Agreement in November 2020, the Company has unveiled the IoniX Pro “SmartWall” series (the “SmartWall™ series”). The SmartWall™ series is a portfolio of ESS products intended for home, commercial office and industrial market segments. The Company intends to outfit the EcoVille development with its SmartWall™ products. The first product to launch in this series will be the IoniX Pro Home ESS SmartWall™.Earlier this week, the Company also unveiled the IoniX Pro “TITAN™” series (the “TITAN™ series”). The TITAN™ series is a portfolio of ESS products intended for major industrial, remote backup and renewable energy market segments. The Company intends to outfit the EcoVille development with its TITAN™ products for their electric power backup and renewable energy infrastructure. Details of the launch of the TITAN™ series products are expected in the near future.“We are very proud to working with EcoVille in their development of clean communities, which we believe are the way of the future,” said Bryson Goodwin, President and CEO EV Battery Tech.“We believe this development will serve as a flagship development to showcase our cutting-edge technology and premium products, and we hope to serve many more communities like this one as we continue to launch our products,” continued Mr. Goodwin.Hillcrest DevelopmentsThrough 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 OfficerEmail: info@evbattery.techAbout EV Battery TechEV 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.Forward Looking StatementsThe information in this news release includes certain information and statements about management’s 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 Company’s intention behind the Definitive Agreement; the Company’s intention to outfit the EcoVille development with its products; the Company’s hope to serve many more communities as it launches its products; the EcoVille development showcasing the Company’s technology and premium products; the Company’s intention behind the Letter of Intent and its plans with respect to development of its ESS product. 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.The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

  • EV Battery Tech Announces Specs of the IoniX Pro Home Smart Wall
    Newsfile

    EV Battery Tech Announces Specs of the IoniX Pro Home Smart Wall

    Vancouver, British Columbia--(Newsfile Corp. - January 6, 2021) -  Extreme Vehicle Battery Technologies Corp. (CSE: ACDC) (the "Company" or "EV Battery Tech") is pleased to announce the specifications for the upcoming launch of its IoniX Pro Home Smart WallTM (the "Home Smart WallTM"). The Company announced the unveiling of the IoniX Pro Smart Wall Series last week and is now proud to release the details of its upcoming launch of the Home ...