Rising Gas Prices Spur Global Shift Toward Electric Vehicles - Elektros Advances Patented Technology Designed to Help Reduce Charging Times

Rhea-AI Summary

Elektros (NASDAQ:ELEK) on April 5, 2026 highlighted rising global gasoline prices and growing consumer demand for electric vehicles, promoting its patented charging technology to reduce charging times.

The company cites its multiplug charging system and U.S. Patent No. 12,522,100 B1 as positioning Elektros to address charging convenience and efficiency needs.

AI-generated analysis. Not financial advice.

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SUNNY ISLES BEACH, FL / ACCESS Newswire / April 4, 2026 / Amid rising global gasoline prices and increasing consumer demand for cost-efficient mobility, Elektros Inc. believes the world is entering a transformative shift toward electric vehicles. As drivers seek relief from escalating fuel costs, the appeal of EV ownership continues to accelerate at an unprecedented pace.

Elektros is advancing its patented charging technology designed to help reduce charging times and improve overall efficiency. This innovation aims to enhance convenience within the EV market and address one of the key considerations for widespread adoption.

The Company believes that as fuel costs remain elevated, millions of consumers worldwide will continue transitioning toward electric vehicles, creating meaningful demand for faster and more efficient charging infrastructure. Elektros' proprietary multiplug charging system is positioned to participate in this evolving landscape.

"We are witnessing a global paradigm shift," said Shlomo Bleier, CEO of Elektros Inc. "As gasoline prices continue to rise, consumers are actively seeking smarter alternatives. Our focus is on improving charging efficiency and supporting the broader adoption of electric vehicles. We believe Elektros is well positioned within this emerging opportunity."

View Elektros Patent: U.S. Patent No. 12,522,100 B1

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

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

How does Elektros (ELEK) claim its patented tech will reduce EV charging times?

Elektros says its patented multiplug charging system is designed to shorten charging durations and improve throughput. According to the company, U.S. Patent No. 12,522,100 B1 covers the innovation aimed at increasing convenience and efficiency in EV charging infrastructure.

What evidence did Elektros (ELEK) provide on April 5, 2026 for market demand due to rising gas prices?

Elektros linked rising gasoline prices to accelerating consumer interest in EVs and faster charging. According to the company, elevated fuel costs are driving millions toward electric vehicles and increasing demand for efficient charging solutions.

Does Elektros (ELEK) have an issued patent for its charging system and what is the patent number?

Yes. Elektros referenced an issued U.S. patent for its charging technology. According to the company, the patent is U.S. Patent No. 12,522,100 B1 for its multiplug charging system design.

What is the expected investor impact of Elektros (ELEK) announcing its multiplug charging system?

The announcement signals potential positioning in growing EV charging demand but provides no financial metrics or commitments. According to the company, the news emphasizes technology readiness rather than quantified revenue or contracts.

Where can investors find more information about Elektros (ELEK) and its patent details?

Investors can access company contact details and the patent reference provided in the announcement. According to the company, the website www.elektros.energy and U.S. Patent No. 12,522,100 B1 give additional technical and contact information.

Will Elektros (ELEK) immediately deploy its charging system following the April 5, 2026 announcement?

The company described its technology as advancing toward market relevance but did not announce deployment timelines or commercial contracts. According to the company, the focus is on improving charging efficiency to support broader EV adoption.