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Extreme Vehicle partner taking preorders for Avvenire


2021-03-26 07:49 ET - News Release

Mr. Bryson Goodwin reports

EV BATTERY TECH PROVIDES UPDATE ON DAYMAK AVVENIRE CAMPAIGN POWERED BY IONIX PRO BATTERIES

Extreme Vehicle Battery Technologies Corp.'s partner, Daymak International Inc., has begun accepting preorders for its new Avvenire products.

All of the Daymak Avvenire products are expected to be equipped with customized IoniX Pro Lithium-Ion battery packs, which will be equipped with EV Battery Tech's patented and AI powered battery management system (BMS). Daymak estimates that over 30% of its production cost will be in the battery and BMS systems from by IoniX Pro.

All retail pre-orders are potential sales and require a minimum deposit2 and distributor pre-orders require a letter of interest. All deposits are non-refundable.

"We are extremely pleased with the numbers we have seen in the first 3 days of pre-orders but fully believe we have just started scratching the surface as far as the total number of pre-orders go," said Aldo Baiocchi President of Daymak.

Daymak is already Canada's largest Light Electric Vehicle (LEV) distributor, with one of the largest distribution networks in North America which includes Walmart, Costco, TSC, QVC, Best Buy, Hudson's Bay plus a network of 150 dealers across Canada and the USA. Daymak also has showrooms in Los Angeles, California, Toronto, Ontario, and Rome, Italy with more expected in the future.

"In the first quarter of 2021 we primarily focused on bringing state of the art ESS products to the market," said Robert Abenante, IoniX Pro Chief Innovation Officer. "We are now ready to shift our focus to these custom battery packs for Daymak's impressive line of Avvenire Products."

The Flagship Electric Vehicle from Daymak is expected to hit the streets in 2023 according to Daymak.

"We are beyond excited to see these beautifully crafted EVs on the street in the near future and we know every ride in one of your vehicles will be a memorable one." concluded Mr. Baiocchi.

For a live counter of pre-order sales please visit http://daymakavvenire.com/campaign/.

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.

1 $48,974,370 of the pre-orders have been through wholesale channels with letters of intent and the retail total of pre-orders stands at $2,941,000. Currency is in Canadian dollars.2 $100 and some orders requires a minimum deposit of $500. Currency is in Canadian dollars.