A Promising New Chapter in Electric Vehicle Infrastructure

Rhea-AI Summary

Elektros (NASDAQ:ELEK) unveiled its patented multiplug charging system (U.S. Patent No. 12,522,100 B1), which the company says can enable parallel energy delivery and potentially cut EV charging to approximately 5–7 minutes under certain conditions. The company is in discussions with multiple U.S. automakers, though no agreements are finalized. Performance may vary by deployment environment, and the announcement frames the technology as an early-stage commercial opportunity rather than a completed customer rollout.

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SUNNY ISLES BEACH, FL / ACCESS Newswire / April 3, 2026 / Elektros Inc. is entering a pivotal moment where innovation, demand, and infrastructure development are aligning - creating a meaningful opportunity in the electric vehicle charging landscape.

In capital markets, the most compelling opportunities often emerge before they are widely recognized. As electric vehicle adoption accelerates globally, the need for faster, scalable charging solutions is becoming increasingly important.

"This is not just faster charging - it represents a shift in how time and efficiency are valued in the electric vehicle ecosystem," said Shlomo Bleier, CEO of Elektros Inc. "Reducing charging times from nearly an hour to minutes has the potential to influence behavior, infrastructure design, and overall market dynamics."

At the center of this development is Elektros' patented multiplug charging system (U.S. Patent No. 12,522,100 B1), designed to enable parallel energy delivery and potentially reduce charging times to approximately 5 to 7 minutes under certain conditions.

While performance outcomes may vary depending on deployment environments, internal evaluations suggest the technology could represent a meaningful advancement over conventional charging methods.

The company is currently engaged in discussions with multiple U.S.-based automotive manufacturers regarding potential strategic opportunities, including licensing arrangements and broader commercial applications.

While no agreements have been finalized, these discussions may reflect growing industry interest in next-generation charging infrastructure.

As the transition to electric mobility continues to accelerate, infrastructure innovation is expected to play a central role in shaping the future of transportation and energy systems.

Contact Information:

Website: www.elektros.energy
Email: elektrosinc@gmail.com
Phone: 786-477-9003

Forward-Looking Statements:

This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected.

SOURCE: Elektros, Inc.

View the original press release on ACCESS Newswire

FAQ

What does Elektros (ELEK) claim about its multiplug charging system patent?

Elektros claims its patented multiplug system can enable parallel energy delivery to speed charging. According to the company, U.S. Patent No. 12,522,100 B1 supports a design that may reduce charging times to roughly 5–7 minutes under certain conditions, though outcomes can vary by deployment.

How fast can Elektros' technology charge electric vehicles according to Elektros?

Elektros says its system could reduce charging to about 5–7 minutes in some conditions. According to the company, internal evaluations indicate potential meaningful improvements over conventional charging, but actual performance depends on site, vehicle, and grid conditions.

Has Elektros (ELEK) signed commercial deals with automakers yet?

No, Elektros has not finalized any agreements with automakers at this time. According to the company, it is engaged in discussions with multiple U.S.-based manufacturers about licensing and commercial opportunities, but nothing is binding yet.

What investor implications should ELEK shareholders consider from this announcement?

The announcement signals potential technology upside but no guaranteed revenue near term. According to the company, the patent and OEM discussions indicate interest, but absence of signed deals means commercialization timelines and financial impact remain uncertain.

What limitations did Elektros mention about expected charging performance?

Elektros cautions that charging outcomes may vary depending on deployment environments and conditions. According to the company, internal evaluations show promise, but real-world performance will depend on factors like grid capacity, vehicle compatibility, and installation specifics.

Where can investors contact Elektros or find more information about ELEK news?

Investors can reach Elektros via the company website or direct contact details provided in the announcement. According to the company, contact options include the website www.elektros.energy, email elektrosinc@gmail.com, and phone 786-477-9003 for inquiries.