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ELEKTROS Inc. Unveils Bold Expansion Strategy to Build a High-Speed EV Charging Network and Strengthen Its Long-Term Infrastructure Vision

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ELEKTROS (OTC:ELEK) outlined a strategic shift toward building a high-speed EV charging network. The company chose not to pursue further action related to U.S. Patent No. 12,522,100 B1 to focus on growth plans.

ELEKTROS is negotiating for a site hosting about 10–15 fast-charging stations under its brand and discussing a potential installation project with a major U.S. EV charging installer, subject to definitive agreements. Management plans to assess site economics, logistics, branding and demand as it explores participation in the expanding fast-charging infrastructure market.

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Company focus expands toward high-speed EV charging stations as global electric vehicle adoption continues to highlight the need for broader, faster and more reliable charging infrastructure

WEST PALM BEACH, FL / ACCESS Newswire / June 28, 2026 / ELEKTROS Inc. (OTC PINK:ELEK) announced that, following correspondence regarding U.S. Patent No. 12,522,100 B1, the Company has reviewed Jaguar Land Rover's response and has elected not to pursue the matter further. Management believes this allows the Company to focus its attention on executing its strategic growth initiatives.

The Company is negotiating to secure a location for approximately 10 to 15 high-speed EV charging stations to operate under the ELEKTROS brand. In parallel, the Company is in discussions with a major U.S. EV charging infrastructure installer regarding a potential installation project, subject to completing definitive agreements.

Management believes the proposed charging-station initiative, if completed, could represent a meaningful step toward building a physical ELEKTROS presence in the EV infrastructure market. The Company intends to evaluate charging-site economics, installation requirements, operating logistics, branding opportunities and potential customer demand as it continues discussions with potential infrastructure participants.

"This is an exciting step for ELEKTROS as we focus on building our business and executing our long-term vision," said Shlomo Bleier, Chief Executive Officer of ELEKTROS Inc. "As EV adoption continues to move forward, we believe charging access, speed and reliability remain central issues for consumers, automakers and infrastructure operators. ELEKTROS is focused on exploring a practical path toward participating in that future."

Industry Background: Verified Public Reporting on EV Charging Infrastructure

  • Elon Musk / Reuters: Reuters reported on May 10, 2024 that Tesla CEO Elon Musk said Tesla would spend more than $500 million in 2024 to expand its fast-charging network. Musk stated: "Tesla will spend well over $500M expanding our Supercharger network to create thousands of NEW chargers this year."

  • Reuters: Reuters reported that the planned Supercharger expansion followed Tesla workforce reductions and still reflected a stated commitment to expand fast-charging infrastructure.

  • Benzinga: Benzinga reported that Tesla opened select U.S. Supercharger stations to non-Tesla EVs and quoted Tesla as stating: "Access to an extensive, convenient and reliable fast-charging network is critical for large-scale EV adoption."

  • The Wall Street Journal: The Wall Street Journal reported in October 2025 that U.S. fast-charging ports increased by more than 80% over two years, reaching more than 60,300 by August, citing federal data from the Joint Office of Energy and Transportation.

  • Additional market context: Recent public reporting has continued to identify charging availability and access to fast charging as major considerations for EV drivers and fleet operators.

Strategic Focus

ELEKTROS believes the growth of electric vehicles globally may create opportunities for companies focused on high-speed charging locations, installation execution, site branding and infrastructure support. The Company's current focus remains on negotiating potential charging locations and evaluating a possible installation project, while maintaining disciplined attention to definitive agreements, customary conditions and practical execution.

Forward-Looking Statements:

This news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those expressed or implied. Negotiations and proposed projects remain subject to execution of definitive agreements and customary conditions. Statements regarding potential charging-station locations, infrastructure installation, branding, market opportunities, operating plans and future growth initiatives are forward-looking and are not guarantees of future performance.

Contact Information

ELEKTROS Inc.
West Palm Beach, Florida
Phone: 786-477-9003
Email: elektrosinc@gmail.com
Website: https://elektros.energy

Source Notes for Industry Background

SOURCE: Elektros, Inc.



View the original press release on ACCESS Newswire

FAQ

What expansion strategy did ELEKTROS (OTC:ELEK) announce on June 28, 2026?

ELEKTROS announced a strategic focus on developing high-speed EV charging locations. According to ELEKTROS, it is negotiating for a site that could host about 10–15 branded fast-charging stations and is exploring an installation project with a major U.S. EV charging infrastructure installer.

How many high-speed EV charging stations is ELEKTROS (OTC:ELEK) considering in its first project?

ELEKTROS is evaluating a location for approximately 10–15 high-speed EV charging stations. According to ELEKTROS, these stations would operate under the ELEKTROS brand, with the company reviewing site economics, installation requirements, operating logistics, branding opportunities and potential customer demand before any definitive commitments.

What did ELEKTROS decide regarding U.S. Patent No. 12,522,100 B1 and Jaguar Land Rover?

ELEKTROS elected not to pursue the matter further after reviewing Jaguar Land Rover’s response. According to ELEKTROS, this decision is intended to free management to focus on executing strategic growth initiatives, particularly around high-speed EV charging infrastructure development and related partnerships.

Who is ELEKTROS partnering with for its potential EV charging installation project?

ELEKTROS is in discussions with a major U.S. EV charging infrastructure installer about a possible installation project. According to ELEKTROS, any collaboration remains subject to completing definitive agreements and customary conditions, as the company evaluates practical execution and long-term infrastructure goals.

How does ELEKTROS view market opportunities in fast EV charging as of June 2026?

ELEKTROS believes global EV growth may create opportunities in high-speed charging locations and infrastructure support. According to ELEKTROS, it sees charging access, speed and reliability as central issues and is exploring a practical path to participate through site negotiations and potential installation projects.

What market context supports ELEKTROS’ focus on fast-charging infrastructure (OTC:ELEK)?

ELEKTROS highlights public reports showing rapid growth in U.S. fast-charging ports and major investments by Tesla. According to ELEKTROS, these reports emphasize that convenient, reliable fast charging and broader access remain critical for large-scale EV adoption by consumers and fleet operators.