Ionix Technology, Inc (IINX)

[SF Wolf]

Ionix and HiBoss will hold a press conference launching world's first 12-minute fast charging EV



2021-06-02

LAS VEGAS, NV, June 1, 2021 --Ionix Technology, Inc. (OTCQB: IINX), ("Ionix Technology", "IINX" or "the Company"), a business aggregator in the fields of photoelectric display and smart energy, today announced that it will hold a press conference launching the world's first 12-minute fast charging electric vehicles with its strategic partner Hiboss at Beijing International New Energy Automobiles Industry Expo on June 10, 2021. This marks the first time that IINX's self-developed fast charging technology has been applied to EV manufactured by HiBoss.



Expo Background: Beijing International New Energy Automobiles Industry Expo is the prestigious annual event of the new energy vehicle industry with greater scale and influence in China. This expo is expected to cover an area of 40,000 square meters, with 550 global exhibitors and 50,000 professional visitors.



The upcoming launch conference of the world's first 12-minute fast charging EV marks a more in-depth and detailed strategic cooperation between IINX and Hiboss. IINX fast charging technology, adopting a brand new battery fast charging mode, significantly reduces the charging time needed for EV. Depending on the 12-minute fast charging technology of IINX, Hiboss's EVs will be more competitive and cost-effective in the market. In the case of basic equivalence with current benchmarking vehicle models of international market, the charging time of IINX owns an overwhelming advantage.



Mr. Li Cheng, CEO of IINX, said, “At present, the battery system is the core component of electric models, no matter in the two-wheel or four-wheel EV market. Whoever can act as the leader of this industry in the future will have the most powerful voice. IINX and Hiboss will work together to fully integrate superior resources, innovate models, and constantly broaden cooperation fields and ideas to achieve rapid development."

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