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Wednesday, 02/24/2021 9:47:03 AM

Wednesday, February 24, 2021 9:47:03 AM

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$CRYBF $ACDC - News: EV Battery Tech Announces the Launch of the IoniX Pro RV Freedom Battery

VANCOUVER, BC , Feb. 24, 2021 /CNW/ - Extreme Vehicle Battery Technologies Corp. (the " Company " or " EV Battery Tech ") (CSE: ACDC) is pleased to announce the official launch of the IoniX Pro Recreational Vehicle Freedom (the " RV Freedom ").

IoniX Pro RV Freedom Series (CNW Group/EV Battery Tech)

The Company recently announced its intention to launch its RV Series on January 26, 2021 and has today begun taking orders for the first product in the series, the RV Freedom , through the IoniX Pro website www.ionixpro.com .

The Recreational Vehicle (RV) market was estimated at US $51 billion in 2019, and projections are showing the US market to hit US $77 billion by 2026. 1 The Company believes it is entering the market at an ideal time to meet consumer demand with an advanced product.

" Between the COVID 19 pandemic limiting international travel, and safe domestic travel, we are excited to bring one of the most advanced RV batteries to the market " said EV Battery Tech CEO, Bryson Goodwin .

" We believe that RV enthusiasts should have the choice of renewable energy and the option to travel with the ease, comfort, reliability and the green choice of eco-friendly battery technology " continued Mr. Goodwin.

The RV Series is not just for RV's, but was also designed for the following use cases:

Recreational vehicle accessories
Backup power for camp sites
Backup power for remote lodging
Emergency power supply for cars, boats, and trucks
The Company is also pleased to launch its new, redesigned renderings of its IoniX Pro Home SmartWall and TITAN Pro series, in stainless steel coverings, available to view on the IoniX Pro website.

" Keep an eye out, we anticipate additional product announcements, technology advancements and exciting joint ventures to look forward to in 2021 " concluded Goodwin.

On behalf of the Company,
Bryson Goodwin , Chief Executive Officer

________________

1 https://www.globenewswire.com/news-release/2020/11/11/2124945/0/en/Global-Recreational-Vehicle-RV-Market-Will-Reach-USD-77-Billion-by-2026-Facts-Factors.html#:~:text=According%20to%20the%20%5B195%2B%20Pages,6%25%20from%202020%20to%202027

About EV Battery Tech

Extreme Vehicle Battery Technologies Corp. is a blockchain and battery technology company with revolutionary, patented Battery Management Systems (BMS) designed to meet the growing demand for scalable, smart solutions for the rapidly growing Electric Vehicle (EV) and Energy Storage Solution (ESS) markets. The company has committed to assisting global recycling solutions by offering recycling initiatives using their technology to analyze and fully refurbish used batteries.

Further information about the Company is available on its website ( https://www.evbattery.tech ).

Forward Looking Statements

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward-looking statements and information can be identified by the use of words such as "expects", "anticipates", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward looking statements in this news release include, but are not limited to, statements relating to: the timeline of the Company's launch of the RV Series; expected growth in the RV market; the favourable timing of the Company's entry into the RV market; the development, performance, and reliability of the Company's products; the competitiveness of the Company's products; the proposed use cases for the RV Series; and additional product announcements, technology advancements, and joint ventures in 2021. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

The CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

SOURCE EV Battery Tech


Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2021/24/c5338.html