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ELEKTROS Reinforces Strategic EV Charging Vision Amid Expanding Global Infrastructure Demand

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ELEKTROS (OTC Pink: ELEK) reaffirmed its strategic focus on opportunities in the rapidly growing electric vehicle (EV) charging sector. The company is evaluating potential locations for approximately 10 to 15 high-speed EV charging stations to operate under the ELEKTROS brand.

According to ELEKTROS, any future installations would depend on definitive agreements, financing, regulatory approvals, and customary conditions. Management plans to emphasize site selection, branding, customer demand and operational planning as it pursues long-term growth and seeks to enhance shareholder value within the expanding global EV charging infrastructure market.

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In the Jul 16 session, ELEK declined 1.96%, reflecting a mild negative market reaction.

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Publicly Traded • ELEKTROS Inc. • Ticker Symbol: ELEK

WEST PALM BEACH, FL / ACCESS Newswire / July 16, 2026 / ELEKTROS Inc. (OTC Pink:ELEK) today reaffirmed its commitment to pursuing innovative opportunities within the rapidly evolving electric vehicle charging industry. As demand for dependable, high-speed charging solutions continues to expand, the Company remains focused on evaluating strategic initiatives that management believes can support sustainable long-term growth and enhance long-term shareholder value.

The Company continues evaluating potential locations for approximately 10 to 15 high-speed EV charging stations operating under the ELEKTROS brand. Any future installations remain subject to definitive agreements, financing, regulatory approvals, and customary business conditions.

Management believes dependable charging infrastructure will remain an important component of the continued adoption of electric vehicles worldwide. Accordingly, ELEKTROS intends to carefully evaluate site selection, branding, customer demand, operational planning, and additional strategic opportunities as it advances its long-term objectives.

"Our goal is to thoughtfully pursue opportunities that strengthen our business while positioning ELEKTROS for long-term success," said Shlomo Bleier, Chief Executive Officer of ELEKTROS Inc.

Reuters and Bloomberg have both reported extensively on the continuing global expansion of electric vehicle adoption and charging infrastructure. Elon Musk, CEO of Tesla, has stated: "We're making our Supercharger network open to other EVs," underscoring the importance of broader fast-charging accessibility.

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. Proposed projects, negotiations, installations, expansion initiatives, and other business opportunities remain subject to definitive agreements, financing, regulatory approvals, and customary conditions. Forward-looking statements are not guarantees of future performance.

Contact Information

ELEKTROS Inc.
Phone: 786-477-9003
Email: elektrosinc@gmail.com
Website: https://elektros.energy

SOURCE: Elektros, Inc.



View the original press release on ACCESS Newswire

FAQ

What strategic EV charging plans did ELEKTROS (ELEK) announce on July 16, 2026?

ELEKTROS announced it is evaluating locations for about 10 to 15 high-speed EV charging stations under the ELEKTROS brand. According to ELEKTROS, these potential stations are part of its long-term strategy to pursue growth opportunities in the expanding global EV charging infrastructure market.

How many EV charging stations is ELEKTROS (ELEK) considering developing?

ELEKTROS is currently evaluating potential sites for approximately 10 to 15 high-speed EV charging stations. According to ELEKTROS, these prospective locations remain subject to definitive agreements, financing, regulatory approvals, and other customary business conditions before any installations could move forward.

Are ELEKTROS (ELEK) EV charging station plans already finalized and funded?

No, ELEKTROS’ EV charging station plans are still under evaluation and are not finalized or funded. According to ELEKTROS, any future installations would depend on definitive agreements, available financing, required regulatory approvals, and satisfaction of customary business and operational conditions.

How does ELEKTROS (ELEK) describe its long-term strategy in the EV charging market?

ELEKTROS describes its long-term strategy as thoughtfully pursuing EV charging opportunities that can support sustainable growth and shareholder value. According to ELEKTROS, management will focus on site selection, branding, customer demand, operational planning, and additional strategic opportunities aligned with global EV adoption trends.

Why does ELEKTROS (ELEK) see high-speed charging infrastructure as important?

ELEKTROS believes dependable high-speed charging infrastructure is an important component for continued global EV adoption. According to ELEKTROS, growing demand for reliable, fast charging solutions underpins its interest in evaluating branded stations and broader strategic opportunities within the evolving EV charging ecosystem.