VANCOUVER – Extreme Vehicle Battery Technologies Corp. is pleased to announce its plans to launch the IoniX Pro EV Smart Charging Station (the “EV Smart Charger“).
The global Electric Vehicle (“EV“) market was valued at $162.34 billion in 2019, and is projected to reach $802.81 Billion by 2027, according to Allied Market Research1. EV Battery Tech is focused on providing clean energy solutions to the market, and with the increasing demand for EVs, the Company has conducted considerable research and development and is pleased to announce its intentions to launch its EV Smart Charger in the coming weeks.
“With the rapidly increasing number of new EV’s entering our roads each and every day, there is a significant shortage in EV infrastructure predicted to hit worldwide.” commented EV Battery Tech CEO, Bryson Goodwin.
On January 25, 2021, Joe Biden announced his intention to replace the US government fleet of vehicles with EV’s, in line with his $2-trillion Climate Plan.
A report by Governing2 says that the United States will look to increase workplace and public fast-charging by 400% before the year 2025 to keep up with the demand. “Los Angeles alone will require an additional 35,000 charge points, seven times the total in place as of 2017” the report states.
“The demand for Charging Stations is at an all-time high with no signs of slowing down” stated Mr. Goodwin. “We have been working on perfecting our smart charging station for quite some time. We continue to conduct research and to develop and improve our technology that enables us to have the opportunity to bring superior products to the market”.
Similar to the Company’s SmartWall series, and the TITAN series, the Company’s goal is to deliver the Smart Charger at a lower price point that its competitors, whilst ensuring the product remains of the highest quality. The Company continues to work with its technology partners to collaborate and develop products to meet global clean energy demands.
“Our engineering and production teams are ready for the task at hand: to build reliable, high quality battery products ” Goodwin said. “We expect overwhelming demand for battery products in the near future, including those of EV Battery Tech, and we are excited for the challenge of satisfying that increasing demand.” concluded Mr. Goodwin.