Strategic Lithium Supply Chain Initiative Supports Long-Term Growth Vision

Rhea-AI Summary

ELEKTROS (OTC PINK: ELEK) reported that management is actively evaluating strategic opportunities to reinforce its long-term role in the electric vehicle ecosystem. A key focus is identifying a U.S.-based lithium refinery that could accept approximately five to ten containers of hard-rock lithium per month, subject to definitive agreements, financing, regulatory approvals, and customary conditions.

According to Elektros, management is also assessing potential locations for about 10 to 15 high-speed EV charging stations under the ELEKTROS brand. One option under review combines a large parking area with a pizzeria to support customer convenience while vehicles recharge. The company said its objective is to thoughtfully pursue opportunities aligned with its long-term strategy and shareholder value.

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Publicly Traded • ELEKTROS Inc. • Ticker Symbol:ELEK

WEST PALM BEACH, FL / ACCESS Newswire / July 25, 2026 / ELEKTROS Inc. (OTC PINK:ELEK) today announced that management continues to actively evaluate strategic opportunities to strengthen the Company's long-term position in the electric vehicle ecosystem. Among the Company's highest priorities is identifying a U.S.-based lithium refinery capable of accepting approximately five to ten containers of hard-rock lithium per month, subject to definitive agreements, financing, regulatory approvals, and customary business conditions.

At the same time, management continues evaluating potential locations for approximately 10 to 15 high-speed EV charging stations under the ELEKTROS brand. One location under evaluation includes a large parking area together with a pizzeria, providing EV drivers with a convenient place to dine while their vehicles recharge. Management believes customer convenience is an important component of a successful charging experience and continues working through logistics, infrastructure planning, and strategic relationships.

"Our objective is to thoughtfully pursue opportunities that strengthen our long-term strategy while creating value for shareholders," said Shlomo Bleier, Chief Executive Officer of ELEKTROS Inc.

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, refinery relationships, expansion initiatives, and other opportunities remain subject to definitive agreements, financing, regulatory approvals, and customary business conditions.

Contact Information
ELEKTROS Inc.
Phone: 786-477-9003
Email: elektrosinc@gmail.com
Website: https://elektros.energy
Publicly Traded • ELEKTROS Inc. • Ticker Symbol:ELEK

SOURCE: Elektros, Inc.

View the original press release on ACCESS Newswire

FAQ

What strategic lithium supply initiative did ELEKTROS (ELEK) announce on July 25, 2026?

ELEKTROS announced it is evaluating a U.S.-based lithium refinery able to accept five to ten containers of hard-rock lithium per month. According to Elektros, any arrangement would depend on definitive agreements, financing, regulatory approvals, and customary business conditions.

Is ELEKTROS (ELEK) building its own EV charging stations in the United States?

ELEKTROS is currently evaluating potential locations for approximately 10 to 15 high-speed EV charging stations under the ELEKTROS brand. According to Elektros, these plans remain under review as management works through logistics, infrastructure planning, and potential strategic relationships.

How many lithium containers per month is ELEKTROS (ELEK) targeting for U.S. refining partners?

ELEKTROS is looking for a U.S. lithium refinery that could handle about five to ten containers of hard-rock lithium per month. According to Elektros, this target volume is contingent on reaching definitive agreements and obtaining needed financing and regulatory approvals.

How does customer convenience factor into ELEKTROS (ELEK) EV charging plans?

Customer convenience is a stated priority in ELEKTROS’ EV charging plans, including evaluating a site with a large parking area and an onsite pizzeria. According to Elektros, such amenities could offer drivers a place to dine while their vehicles recharge.

What is ELEKTROS (ELEK) management’s stated objective with its lithium and charging initiatives?

Management’s objective is to pursue opportunities that support the company’s long-term strategy and create shareholder value. According to Elektros, the lithium refinery search and potential high-speed charging locations are part of this broader electric vehicle ecosystem vision.