EV Battery Tech Developing Industry's First Blockchain Solution for Real Time Battery Repair & Maintenance

VANCOUVER, BC, May 12, 2021 /CNW/ - Extreme Vehicle Battery Technologies Corp. (the "Company" or "EV Battery Tech") (CSE: ACDC) is developing a blockchain-based system (the "ACDC Blockchain") to reduce the need for Battery and EV maintenance. The solution will use the Company's proprietary Battery Management System (BMS) combined with blockchain technology.

The company states the ACDC Blockchain will operate within an ecosystem of four key components:

• Identification & Tracking
• City Grid Management
• Remote Battery Diagnostic, Repair and Reporting
• Cryptocurrency

"While our product engineers have been developing the physical assets of EV Battery Tech, our software development team has been working behind the scenes on this revolutionary technology," said EV Battery Tech CEO Bryson Goodwin.

Since the outset of the calendar year, EV Battery Tech has launched the IoniX Pro Home SmartWall, the Titan ESS, the IoniX Pro Smart Charging Station and the RV Freedom Battery, all using its proprietary remote BMS with advanced AI technology.

"2021 has already been a monumental year for us, however with the unparalleled growth of the battery market, we feel that as a company we are still in our infancy," continued Goodwin.

The Company is currently working on not only the ACDC Blockchain, but also an integrated smart application for iOS and Android in which users can remotely control, monitor and diagnose their EV Battery Tech products.

"We plan to launch the ACDC Blockchain later this year. These will indeed, be exciting times ahead of us." says Goodwin.

On behalf of the Company,

Bryson Goodwin, Chief Executive Officer

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)

Contact Numbers and Emails  

For further information about the Company, please visit https://www.evbattery.tech.  
For further information about the Company's Products please visit https://www.ionixpro.com. 
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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", "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 Company's development of the ACDC Blockchain, the use case therefor and the development timeline therefor; and the Company's work on an integrated smart application for iOS and Android in which users will be able to remotely control, monitor and diagnose their EV Battery Tech products. 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