Elektros Inc. Advances Patented Multi-Port EV Charging Technology to Address Growing Global Demand (OTC Markets:ELEK)

Rhea-AI Summary

Elektros (OTC:ELEK) announced continued development of its patented multi-port EV charging system aimed at improving charging efficiency, infrastructure utilization and scalability as global EV adoption rises.

The company holds U.S. Patent No. 12,522,100 B1 for technology that enables simultaneous multi-vehicle charging from a single unit, optimizes energy distribution, and targets commercial networks, municipalities and private operators to reduce wait times and lower capital expenditure per installation.

AI-generated analysis. Not financial advice.

Positive

• U.S. patent granted: Patent No. 12,522,100 B1 for multi-port EV charging
• Simultaneous charging capability increases throughput per installation point
• Target markets: commercial charging networks, municipalities, and private operators

Negative

• None.

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SUNNY ISLES BEACH, FL / ACCESS Newswire / April 19, 2026 / Elektros Inc. (OTC:ELEK) today announced continued development of its patented multi-port electric vehicle (EV) charging system, designed to significantly improve charging efficiency, infrastructure utilization, and scalability as global EV adoption accelerates.

The company's proprietary technology enables multiple electric vehicles to charge simultaneously from a single charging unit, addressing one of the most critical constraints in EV infrastructure: limited access and congestion at charging stations.

By increasing throughput per installation point, Elektros aims to reduce capital expenditure requirements while enhancing operational efficiency for commercial charging networks, municipalities, and private operators.

The system is engineered to:

• Support simultaneous multi-vehicle charging

• Optimize energy distribution across connected vehicles

• Reduce wait times and congestion at charging locations

• Improve return on infrastructure investment

Industry data continues to highlight the urgency of scalable EV charging solutions:

"The expansion of fast-charging networks is essential to supporting widespread EV adoption and unlocking the full potential of electric mobility." - Benzinga

"Global demand for electric vehicles is accelerating rapidly, making scalable and accessible charging infrastructure a critical priority." - Reuters

"As EV adoption grows, the need for widespread high-speed charging solutions becomes increasingly urgent." - Barron's

"Reliable and fast charging infrastructure is a cornerstone of the global transition to electric vehicles." - Wall Street Journal

"Scaling EV infrastructure is one of the defining challenges of the energy transition." - Financial Times

The company's patented technology (U.S. Patent No. 12,522,100 B1) can be viewed here: View Patent

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

Contact Information:

Elektros Inc.
Phone: 786-477-9003
Email: elektrosinc@gmail.com
Website: www.elektros.energy.com
Ticker: ELEK (OTC Markets)

SOURCE: Elektros, Inc.

View the original press release on ACCESS Newswire

FAQ

What did Elektros (ELEK) announce on April 19, 2026 about its EV charging technology?

Elektros announced continued development of a patented multi-port EV charging system. According to the company, the system (U.S. Patent No. 12,522,100 B1) supports simultaneous charging, optimizes energy distribution, and aims to reduce congestion and capital costs for charging operators.

How does Elektros' patented multi-port system affect charging station throughput for ELEK shareholders?

The system increases throughput by enabling multiple vehicles to charge from one unit. According to the company, this design raises utilization per installation point, potentially lowering capital expenditure requirements for commercial and municipal operators seeking scalable charging solutions.

What is the significance of U.S. Patent No. 12,522,100 B1 for Elektros (ELEK)?

The patent secures Elektros' multi-port EV charging approach and its core technical claims. According to the company, the granted patent protects simultaneous multi-vehicle charging and energy distribution methods, supporting commercial deployment and differentiating its infrastructure offering.

Which markets is Elektros (ELEK) targeting with its multi-port EV charging technology?

Elektros is targeting commercial charging networks, municipalities, and private operators. According to the company, these segments benefit from higher throughput, reduced wait times, and improved return on infrastructure investment as EV adoption accelerates globally.

Will Elektros (ELEK) reduce capital expenditure for charging operators with its multi-port chargers?

The company says the technology can reduce capital expenditure per installation by increasing vehicle throughput. According to Elektros, fewer physical charging units may be needed for the same capacity, improving infrastructure ROI for operators and public hosts.