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EV Battery Tech Commences 2022 With Significant Sales Orders And Crypto Developments

EV Battery Tech and IONiX Pro made notable progress during the final quarter of 2021 by landing significant sales, unveiling its first custom battery system and acquiring large-scale crypto assets

Extreme Vehicle Battery Technologies Corp. with its subsidiary, IONiX Pro Battery Technologies Inc. is pleased to provide a summary of notable sales and acquisitions completed during the third quarter of 2021.

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IONiX Pro Home SmartWall – SOLD OUT

On September 28, 2021, the Company announced that IONiX Pro’s flagship product, the IONiX Pro Home SmartWall (the “SmartWall”) recommenced presales. Presale orders were received immediately and continued until December 14, 2021, when the Company received a presale order of 1,000 SmartWalls, which pushed sales over and above its pre-set maximum due to global supply constraints. The orders will be filled on a first-come-first-serve basis, based on the timing of orders on the Company’s website. The estimated price of each SmartWall remains at $5,500 USD, despite the supply shortages.

To further compliment the growth in sales and infrastructure for the SmartWall, on December 16, 2021, the Company and Daymak Inc. (“Daymak”) signed a sales, distribution and service partnership for the distribution and service of the SmartWall. The Company and Daymak will share Daymak’s existing facilities and Daymak has also commenced building the first SmartWall Showroom at its Toronto location. Daymak has plans to build SmartWall showrooms at various locations in its dealer network from Los Angeles to Rome.

The SmartWall allows users to monitor their home energy storage system remotely and features remote monitoring, maintenance and repair functions, thanks to EV Battery Tech’s patented BMS technology. These features are expected to give the SmartWall an edge over its competitors as they promote increased reliability, safety and longer lifespans. The SmartWall has a capacity of 15kW and has been designed to allow it to be stacked in parallel with multiple devices to allow consumers to increase their desired capacity up to 150kW.

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Daymak Avvenire Spiritus UNVEILED – Powered by IONiX Pro Custom Battery System

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On December 9, 2021, EV Battery Tech, IONiX Pro and their partner Daymak streamed the unveiling of the Daymak Avvenire Spiritus (the “Spiritus”) functional prototype. The Spiritus will be powered by a custom IONiX Pro battery system, which will use EV Battery Tech’s patented battery management system (BMS) technology pursuant to the partnership between the parties.

The Spiritus is a 3-wheel, 2-seat EV which can offer quick acceleration of 60 MPH time of 1.8 seconds.  The Spiritus will come in two models, the Spiritus Deluxe and the Spiritus Ultimate, with two different price points making the EV more accessible to more consumers.

Blockchain and Crypto Developments

The Company also made significant developments on its core blockchain and crypto business in 2021.

  • The Company made an early-stage investment in the Renewable Obligation Base energy economy, which recently announced the completion of a financing, which increased its implied valuation 5-fold since the Company’s early-stage investment.
  • The Company acquired a blockchain-based, crypto compatible technology to compliment the development of its Smart Command phone application.
  • The Company acquired Optimal CP Inc. (“Optimal”), a company focused on the development and management of crypto mining facilities, with plans to develop a facility of 1,000 ASIC miners.

PREDICTIONS-SERIES-2022

“We finished 2021 very strong, with better-than-expected SmartWall presale orders, significant blockchain and crypto developments and further collaborations with our partner Daymak, which unveiled its first Spiritus showcasing a custom IONiX Pro battery system,” boasted EV Battery Tech CEO, Bryson Goodwin.

“We kick off 2022 working hard to deliver SmartWalls and building up our first crypto mining facility. We are all confident and believe 2022 will be another year of tremendous growth,” concluded Mr. Goodwin.

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[To share your insights with us, please write to sghosh@martechseries.com]

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