Kamis, 12 November 2020

SCC News Alert: Definitive Agreement to Supply $100M Project for Canadian Patented AI-Battery Tech Company


Hello Traders!


This week's focus, Extreme Vehicle Battery Technologies (CSE: ACDC) just released jaw-dropping news @ 6:30AM today:


EV Battery Tech Signs Definitive Agreement to Supply a $100M EcoVille Development Project with ESS Solutions for Renewable Energy, Buildings and EV Charging Stations


See the full press release linked at the top of our full profile page:

https://www.smallcapcanada.com/report/


or visit GlobeNewswire:


EV Battery Tech Signs Definitive Agreement to Supply a $100M EcoVille Development Project with ESS Solutions for Renewable Energy, Buildings and EV Charging Stations


According to this morning's breaking mega-news:


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.


Geoff Forrester, a Senior Member of EcoVille's leadership team, stated:


"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.


And:


"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 Extreme Vehicle Battery Technologies (CSE:ACDC) commented:


"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."


The implications of this news for a young company like ACDC is mind-boggling!


See the full press release linked at the top of our full profile page:

https://www.smallcapcanada.com/report/


or visit GlobeNewswire:


EV Battery Tech Signs Definitive Agreement to Supply a $100M EcoVille Development Project with ESS Solutions for Renewable Energy, Buildings and EV Charging Stations


Be sure you have Extreme Vehicle Battery Technologies Corp (CSE: ACDC) at the top of your screen this morning.


If we see ACDC move back upward towards recent higher levels, it could get highly exciting to watch.


ACDC closed at 0.045 yesterday.


Activity rose significantly the first two days of this week, posting volume of 8.1M and 7.1M, respectively.


This situation could be heating up.

 

We urge members to take swift action to start researching CSE: ACDC right away. This could be an exceptional situation developing as we speak.


For further information on CSE: ACDC visit the company's website:

https://www.evbattery.tech/


Corporate Presentation:

EV Battery Technologies Presentation


Quote:

https://thecse.com/en/listings/technology/extreme-vehicle-battery-technologies-corp.


As always, we encourage you to do further research.



Very Best Regards,



Editor, SCC










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