Elektros Inc Stock Price, News & Analysis

Elektros (OTC PINK:ELEK) has announced an exclusive rights agreement with Jiangsu Jinpeng Group for the production of Elektros Sonic vehicles in the U.S. This partnership positions Elektros to advance its electric vehicle offerings, aiming to receive U.S. Department of Transportation approval within 12 months through a major automotive engineering firm. The collaboration focuses on providing a more economical electric vehicle option, with production progress moving swiftly. Elektros plans to launch the Elektros Sonic vehicle to consumers as early as 2023, enhancing its footprint in the electric vehicle market.

Elektros (OTC PINK:ELEK) has secured exclusive rights with Jiangsu Jinpeng Group for the production of Elektros Sonic vehicles in the U.S. This agreement ensures that Jinpeng Group will exclusively manufacture electric vehicles for Elektros. The company aims to have its Sonic vehicles approved by the U.S. Department of Transportation within a year. Elektros is enthusiastic about its partnership with Jinpeng and is committed to offering a more economical electric vehicle option while expecting to disrupt the industry.

Elektros (OTC PINK:ELEK) has secured exclusive rights with Jiangsu Jinpeng Group to produce electric vehicles in the U.S. This agreement marks a significant milestone in Elektros's strategy to bring the Elektros Sonic vehicle to market. The company aims for certification by the U.S. Department of Transportation within a year and is focused on providing economical electric vehicle options. Elektros emphasizes its commitment to sustainability and innovation in the electric vehicle sector.

Elektros (OTC PINK:ELEK) has signed a contract with Applus+ IDIADA to crash test certify its Elektros Sonic vehicles, starting a 12-month certification process. This collaboration aims to comply with U.S. Department of Transportation regulations and ensure adherence to National Highway Traffic Safety Administration standards. Elektros anticipates that this approval will allow them to offer a more affordable electric vehicle option to consumers by 2023. The company is confident in IDIADA's industry expertise and global connections to support the vehicle's success.

Elektros (OTC PINK: ELEK) announced receipt of a proposal from Applus+ IDIADA to crash test certify its Sonic vehicles from China. This certification aims to ensure compliance with NHTSA and FMVSS standards. Elektros considers IDIADA's expertise critical for expediting U.S. regulatory approval. Following a formal agreement, IDIADA's team will assess production processes in China. The company aims to deliver affordable electric vehicles soon, joining the growing electric mobility market.

Elektros (OTC PINK: ELEK) announced a formal proposal from Applus+ IDIADA to crash test certify its Sonic vehicles directly from China. This proposal will help expedite the vehicle certification process, ensuring compliance with NHTSA and FMVSS standards. After formalizing the contract, IDIADA will assess production compliance in China. Elektros aims to provide an affordable electric vehicle option, with plans for the Sonic vehicle launch in 2023.

Elektros (OTC PINK:ELEK) has announced its intent to acquire Sunday Scooters, an established electric scooter company operating in the U.S. and Mexico. The agreement was reached verbally on March 15, 2022, at the Diplomat Hotel in Florida. Elektros sees this acquisition as a strategic move to enhance its presence in the electric mobility sector, which includes its upcoming Elektros Sonic electric vehicle. The company aims to reduce carbon footprints through efficient transportation solutions. Final purchase agreement details are in process.

Elektros (OTC PINK:ELEK) intends to acquire Sunday Scooters, an electric scooter company operating in the U.S. and Mexico. The negotiation took place at the Diplomat Hotel on March 15, 2022, where both parties reached a verbal agreement. Elektros aims to leverage this acquisition to enhance its position in the electric mobility sector, competing against companies like Bird (BRDS). Final details are being submitted to solidify the purchase agreement. This move aligns with Elektros' mission to reduce carbon footprints through innovative transportation solutions.

Elektros (OTC PINK:ELEK) has announced the hiring of consultant Doniel Gold, an entrepreneur with extensive connections in the electric vehicle (EV) sector. The company is finalizing exclusive rights for its Elektros Sonic vehicle in conjunction with Jinpeng Group. With production on track, Elektros aims to deliver its first Sonic vehicles this summer, positioning itself as a competitive player amidst rising gas prices. This strategic move is expected to enhance Elektros's market presence and operational capabilities.