Could Friday's Big News Announcement Be Why Past Champ (CSE: ACDC) Is Trending Green Early Today?
(Canada - ACDC) (U.S. - CRYBF)
CSE: ACDC is off to a solid start today.
Trending green early, this profile could attract a lot of attention this week after this past Friday's major news announcement:
EV Battery Tech Provides Update on Daymak Avvenire Campaign Powered by IoniX Pro Batteries
72 hours into the Daymak Avvenire Product Launch, Total Pre-Orders Surpass Expectations
VANCOUVER, BC, March 26, 2021 /CNW/ - Extreme Vehicle Battery Technologies Corp. (the "Company" or "EV Battery Tech") (CSE: ACDC) is pleased to announce that its partner, Daymak International Inc. ("Daymak"), has begun accepting pre-orders for its new Avvenire Products.
"We are extremely pleased with the numbers we have seen in the first 3 days of pre-orders but fully believe we have just started scratching the surface as far as the total number of pre-orders go," said Aldo Baiocchi President of Daymak.
Read the full article here.
That is peak good news and it sounds like it may get better.
Remember, this profile was trading as high as $.95 as recently as last month.
That provides CSE: ACDC with over 100% potential upside to recent highs.
I'm not saying this profile is going to go soaring to that level today, but with good news like we saw Friday, this is definitely one to watch closely.
If you haven't read my initial report yet, do so below and get CSE: ACDC on your radar now.
Today, I want you to focus in on a profile I brought to you recently that made a 28% move in the span of 2 days when it ran from an open of $.45 to a high of $.58 a few days later.
Plus, did you see Volvo's major announcement this month? If not, it's a mind-blower.
Check out this news being reported by Reuters: Betting on death of petrol cars, Volvo to go all electric by 2030
Volvo Chief Executive Håkan Samuelsson recently told reporters, “I am totally convinced there will be no customers who really want to stay with a petrol engine... We are convinced that an electric car is more attractive for customers.”
Obviously the "green car" revolution isn't new. This has been in the cards for some years now and has recently taken giant strides.
In 2019, the global EV market tallied a value of $162.34Bn and is believed that it may climb to the heights of over $800Bn by the year 2027.
Knowing these figures could generate big buzz for companies involved in the space and with key companies like Volvo dropping huge news like they did this week, I've been on the hunt for a new profile that could take advantage of this interesting situation.
What I found was a profile that has shown the ability to make unreal short term runs.
In fact, since the turn of the new year, this profile has exhibited two major breakouts of 742% run from a January 4th low to a January 8th high and a 400% run from a February 5th low to a February 9th high.
Could this profile's next breakout be staring us in the face?
Drop what you're doing now and get this breakout idea on your radar for Monday, March 29th:
Extreme Vehicle Battery Technologies Corp. (CSE: ACDC)
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.
Extreme Vehicle Battery Technologies Corp. also trades on the OTC Markets under the symbol (CRYBF).
Right now, the company has 5 potential breakout catalysts you need to put your eyes on.
Your No. 1 (CSE: ACDC) Potential Catalyst - Company Expects To Power Partner's EV With IonIX Pro Lithium Ion Battery
EV Battery Tech Partner, Daymak, Launches an Electric Vehicle Powered by IoniX Pro Batteries
The New Daymak Spiritus and all Daymak Avvenire Products are expected to be equipped with IoniX Pro Batteries
VANCOUVER, BC, March 23, 2021 /CNW/ - Extreme Vehicle Battery Technologies Corp. (the "Company" or "EV Battery Tech") (CSE: ACDC) is pleased to announce that it expects to provide its technology partner, Daymak International Inc. ("Daymak"), with a customized IonIX Pro Lithium Ion battery pack, which will be equipped with EV Battery Tech's patented and AI powered battery management system (BMS), for Daymak's all-new electric vehicle (EV), the Daymak Spiritus (the "Spiritus"). The Spiritus, as described below, will be added to the Daymak's Avvenire series. The Company also expects to provide batteries for all of the Daymak Avvenire series products(1).
Avvenire Series – Spiritus
The Spiritus is a 3-wheel, 2 seat EV which handles like a go-kart, offers quick acceleration of 60 MPH time of 1.8 seconds, and is set to contain some of the most advanced technology features which are set to be unveiled in the near future.
"For the Spiritus to achieve the fast acceleration of 0 to 60 in 1.8 seconds, we will require quality parts with solid performance. IoniX Pro products meets and exceeds all of our requirements," states Aldo Baiocchi President of Daymak.
Daymak has launched a crowdfunding campaign which has commenced today, and is set to end in 4 months, on July 23, 2021. Daymak has advised that placing an order now will guarantee a price and reduce additional costs from the final manufacturer suggested retail price. Daymak's crowdfunding campaign is subject to applicable laws and is being offered through the online platform, and the orders are subject to Daymak's terms and conditions.
The Daymak Avvenire series will include the following five other individual vehicles:
- Terra – an e-bike designed for both on and off-road conditions;
- Foras – a covered recumbent bike designed to revolutionize travel;
- Tectus – an all-wheel-drive mobility e-scooter that is fully electric and designed for all weather conditions and roads;
- Aspero – the ultimate, lightweight, enclosed all-terrain vehicle; and
- Skyrider – a high-performance EV capable of flight.
"We are working closely with Daymak to develop all the batteries and BMS for the Avvenire series. This can only be achieved thanks to our advanced technology and efficient price models," stated EV Battery Tech CEO, Bryson Goodwin.
"We truly believe our AI powered BMS technology, combined with Daymak's Avvenire, will bring revolutionary EVs and LEVs products to the market in the coming years!" concluded Goodwin.
(1) Under the terms of the technology partnership agreement between EV Battery Tech and Daymak (the "Technology Partnership Agreement"). For further details on the Technology Partnership Agreement, see EV Battery Tech's news release dated February 8, 2021 (a copy of which is available under EV Battery's SEDAR profile at www.sedar.com).
Read the full article here.
Your No. 2 (CSE: ACDC) Potential Catalyst - Launching The IoniX Pro Smart Charger
EV Battery Tech Launches the IoniX Pro Smart Charger
EV Battery Tech targets disrupting one of the fastest growing segments in the EV industry
VANCOUVER, BC, March 16, 2021 /CNW/ - Extreme Vehicle Battery Technologies Corp. (the "Company" or "EV Battery Tech") (CSE: ACDC) is pleased to officially announce the launch of its previously unveiled IoniX Pro EV Smart Charger Series (the "EV Smart Charger").
One of the World's Fastest Growing Markets
The Electric Vehicle (EV) market is one of the fastest growing markets in the world. Projected to grow almost 5x over the next 6 years(1), the Company wants to ensure it was not only part of this rapidly growing revolutionary change, but also wants to be a disruptive force in it.
In order for EV's to grow at such a rapid pace, it is necessary that infrastructure be built to allow for such growth. One of the most obvious necessities are EV charging stations. Similar to the absolute requirement of gas stations for gasoline and diesel fueled vehicles to operate, it is equally important to build EV charging stations for EV's to be able to operate.
Billions of EV Charging Infrastructure Spending
EV infrastructure has become a global priority as major governments and corporations have committed to spending Bn's of dollars (USD) towards building EV charging infrastructure.
Royal Dutch Shell (Shell), one of the world's largest oil and gas companies, has recently announced its plans to increase its number of charging stations to 500,000 by 2025(2).
President Joe Biden has recently proposed to build 550,000 EV charging stations in the next few years, as part of the $2Tn USD plan to fight climate change(3).
Key Features of the EV Smart Charger
The Company's patented BMS technology is powered by Artificial Intelligence (AI), which not only bolsters superior battery monitoring, but also allows for remote maintenance and machine learning capabilities. This technology is intended to provide greater efficiency, greater reliability and increased safety.
Powered by Renewable Energy
Given the intermittent nature of renewable energies such as wind and solar power, they are not a reliable source of power for EV charging stations. However, the Company's new EV Smart Charger is expected to solve the intermittent issue by storing the power and then discharging the electricity into the EV Charger even when the sun is not shining or the wind is not blowing. The EV Smart Charger's AI capabilities is expected to be more efficient with each use as the machine learning will target the best times to be charging and discharging to maximize safety as well as the life of the battery.
Arbitrage – Peak Shaving
By having the ability to store power, customers of the EV Smart Charger are able to charge the battery during the "offpeak" hours and then discharge the electricity into the EVs during "peak" hours. This spread between peak and offpeak hours, can be very significant in major cities, with the prices more than doubling or tripling in peak periods.
No Extra Connection Costs
As many building owners have learned, the addition of charging stations usually requires a significant connection cost by the power utility company. This is due to the increased power required during peak hours. However, since the battery can be charged during offpeak hours, the building owners are able to potentially avoid this connection fee, by running EV Smart Chargers and only discharging electricity to the EV's from the stored battery electricity.
Variability allows for a wide range of uses
EV Battery Tech's lineup of EV Smart Chargers will include a single charging station, a standard commercial dual charging station and most impressively, our rapid charging station which is expected to power an EV in less than 25 minutes.
The size of the battery and the speed of the charger are variable, so smaller sized units are suited for residential and recreational charging, commercial dual charging stations are customizable for parking garages and office buildings and larger sized rapid-charging models are targeted for roadside super-fast charging.
Read the full article here.
Your No. 3 (CSE: ACDC) Potential Catalyst - IoniX Pro RV Freedom Battery Launch
EV Battery Tech Announces the Launch of the IoniX Pro RV Freedom Battery
VANCOUVER, BC, Feb. 24, 2021 /CNW/ - Extreme Vehicle Battery Technologies Corp. (the "Company" or "EV Battery Tech") (CSE: ACDC) is pleased to announce the official launch of the IoniX Pro Recreational Vehicle Freedom (the "RV Freedom").
The Company recently announced its intention to launch its RV Series on January 26, 2021 and has today begun taking orders for the first product in the series, the RV Freedom, through the IoniX Pro website www.ionixpro.com.
The Recreational Vehicle (RV) market was estimated at US $51Bn in 2019, and projections are showing the US market to hit US $77Bn by 2026. The Company believes it is entering the market at an ideal time to meet consumer demand with an advanced product.
"Between the CV 19 pandemic limiting international travel, and safe domestic travel, we are excited to bring one of the most advanced RV batteries to the market," said EV Battery Tech CEO, Bryson Goodwin.
"We believe that RV enthusiasts should have the choice of renewable energy and the option to travel with the ease, comfort, reliability and the green choice of eco-friendly battery technology," continued Mr. Goodwin.
The RV Series is not just for RV's, but was also designed for the following use cases:
- Recreational vehicle accessories
- Backup power for camp sites
- Backup power for remote lodging
- Emergency power supply for cars, boats, and trucks
The Company is also pleased to launch its new, redesigned renderings of its IoniX Pro Home SmartWall and TITAN Pro series, in stainless steel coverings, available to view on the IoniX Pro website.
"Keep an eye out, we anticipate additional product announcements, technology advancements and exciting joint ventures to look forward to in 2021," concluded Goodwin.
Read the full article here.
Your No. 4 (CSE: ACDC) Potential Catalyst - Agreement With EcoVille Ltd. To Provide Energy Solutions
EV Battery Tech Signs Definitive Agreement to Supply a $100Mn EcoVille Development Project with ESS Solutions for Renewable Energy, Buildings and EV Charging Stations
VANCOUVER, British Columbia, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Extreme Vehicle Battery Technologies Corp. (the “Company” or “EV Battery Tech”) (CSE: ACDC) is pleased to announce that on November 10, 2020 it entered into an agreement with Squamish EcoVille Ltd. dba EcoVille Ltd. (“EcoVille”), to provide energy storage system (ESS) and electric vehicle (EV) charging solutions for their upcoming carbon-neutral, self-sufficient eco-community (the “Agreement”).
Pursuant to the Agreement, EV Battery Tech has been engaged by EcoVille as the exclusive provider of ESS solutions for its Squamish development’s renewable energy generation systems and buildings. EV Battery Tech has also been engaged to supply “Smart” charging stations to be installed in the development and provide services such as real-time monitoring. The Agreement lays out an implementation and roll-out plan for each phase of the EcoVille Squamish project. The project is expected to generate sales of ESS and EV Charging products supplied through the application of the Company’s technology.
About the EcoVille Development
EcoVille develops eco-communities by bringing together innovative technologies that enable communities to achieve self-sufficiency and carbon neutrality. Currently, EcoVille is developing projects in Squamish and Vancouver, British Columbia.
“We are not looking to be just a developer, but a community builder that harmonizes with surrounding nature, and generates a learning environment for individuals to understand our options to reduce our impact on the climate,” commented Geoff Forrester, a Senior Member of EcoVille’s leadership team.
“We are very excited to work with EV Battery Tech. Their technology fits perfectly into our scope to have a clean, sustainable community and their solutions are more cost-effective than our alternatives. We believe this is the beginning of a long and fruitful business relationship,” continued Mr. Forrester.
Carbon-Neutral Eco-Community - Batteries Included!
EcoVille intends to create some of the world's most eco-friendly buildings by implementing the appropriate technologies. EV Battery Tech will play a large role by providing ESS solutions enabling buildings to source power from renewable sources and deploy energy reliably throughout the day. The ESS solutions will be powered by the Company’s patented Battery Management System (BMS) which has revolutionary features such as real-time monitoring and remote maintenance.
Renewable energy is one of the most effective tools we have in the fight against climate change, according to the Natural Resources Defense Council (NRDC). Power generation from wind, solar and other intermittent power sources are only possible with ESS solutions. EV Battery Tech is providing state of the art ESS solutions for EcoVille to ensure it can make use of wind, solar and tidal renewable energy technologies, for its upcoming eco-friendly development.
Smart Charging StationsNo technologically advanced carbon-neutral development would be complete without charging stations set up for electric vehicles. EV Battery Tech will be providing EcoVille with some of the world’s first “Smart” charging stations that can be completely powered by renewable energy, provide real-time data and function independently of power grids.
“The business model for using smart charging stations based on EV Battery Tech’s ESS solutions is a no brainer. It allows for a win-win solution for everyone involved,” stated Mr. Forrester.
Bryson Goodwin, President and CEO of the Company comments:
“Clean communities are the future, and with the impact our technology will have on these communities’ bottom lines, we are expecting significant expansion and sales in North and South America. EcoVille represents a growing demand for ESS solutions, where energy can be stored for consistent energy supply, eliminating many demand concerns that arise from clean communities.”
“This will be the flagship project to showcase the Company’s technology and will be leveraged to commercialize further into other communities.”
Read the full article here.
The company also recently released an update on both the Definitive Agreement with EcoVille and LOI with Hillcrest.
Read them here.
Your No. 5 (CSE: ACDC) Potential Catalyst - Closing Of Definitive Agreement With RichPower And IBT
EV Battery Tech Closes Acquisition to Bring Patented BMS Technology to North America, South America, Europe and Africa
VANCOUVER, British Columbia, Oct. 30, 2020 (GLOBE NEWSWIRE) -- Extreme Vehicle Battery Technologies Corp. (the “Company” or “EV Battery Tech”) (CSE: ACDC) is pleased to announce that it has signed a marketing and development agreement with Jiangsu RichPower New Energy Co. Ltd. (“RichPower”) and Intelligent Battery Technologies (“IBT”) and closed the acquisition contemplated in its distribution and technology license agreement with Rich Power and IBT (the “Definitive Agreement”).
RichPower is a leader in the battery management system (BMS) and energy storage system (ESS) industries in China. A vertically integrated company, RichPower is involved in activities ranging from research and development to battery production. RichPower operates facilities in Shanghai and Suzhou, two of the largest cities in China. The facilities are host to some of the world’s top research experts and state-of-the-art manufacturing equipment. These facilities offer turnkey and full-cycle services, providing products and services to the electric vehicles, power grid system providers, remote mine energy and commercial building power applications markets.
RichPower has been able to differentiate itself by its ability to use Artificial Intelligence (“AI”) to remotely manage and significantly extend the life of any battery system. Through the use of AI, it has developed a “smart” BMS that learns and evolves with user behaviours resulting in a significant increase in power saving and efficiency. Its AI algorithms can specifically predict future failures and provide more stable operations and remote maintenance on battery systems.
RichPower holds more than 70 national patents ranging from software, technology, invention and utility authorization, with several more patents pending. With RichPower’s experienced R&D department, the Company has no doubt they will continue to provide leading edge customized solutions for the Company’s clients in the North American, South American, European and African markets (the “Target Markets”).
The closing of the Definitive Agreement will now allow EV Battery Tech to develop battery technologies for the Target Markets with features which include, but are not limited to:
- Artificial Intelligence
- Real-time Monitoring
- Remote Maintenance
- Longer Battery Life
- More Efficient Power Supply
- Smart Charging Systems
- Battery Recycling
- Blockchain Infrastructure
“We are very happy to be bringing our technology to the global markets through our partner EV Battery Technologies,” stated Jingke (Jack) Han, President and CEO of RichPower. “We are extremely proud of our technology and the market share we have captured in Asia and we are now excited to partner with EV Battery Tech to become a disruptive force in the global markets,” continued Mr. Han.
Rich Power has created a majority-owned subsidiary, IBT, to assist in developing RichPower’s technologies in the North American market. EV Battery Tech will be working closely with IBT to develop its blockchain technology and adapt RichPower’s battery technology for the North American markets.
“EV Battery Tech is just the business partner we needed to get RichPower’s ground-breaking technologies into international markets, starting here, in North America. We are excited to be able to commercialize quickly with the help of EV Battery Tech,” commented Yoga Yogendran, President and CEO of IBT.
“We are very fortunate to be bringing a proven technology to the North American market,” stated Bryson Goodwin, President and CEO of EV Battery Tech. “RichPower has not only commercialized these technologies, but made a name for themselves in China. We now have the opportunity to work with them to become an early mover in the North American market,” concluded Mr. Goodwin.
Read the full article here.
(CSE: ACDC): Top 5 Potential Catalyst Recap
No. 1 - Company Expects To Power Partner's EV With IonIX Pro Lithium Ion Battery
No. 2 - Launching The IoniX Pro Smart Charger
No. 3 - IoniX Pro RV Freedom Battery Launch
No. 4 - Agreement With EcoVille Ltd. To Provide Energy Solutions
No. 5 - Closing Of Definitive Agreement With RichPower And IBT
Coverage is officially initiated on (CSE: ACDC). While you still have time now, do this: