Elektros Inc. Strengthens EV Charging Patent Portfolio Amid Dialogue with Volkswagen Group

Elektros Inc. (OTC Pink: ELEK), a company focused on electric vehicle (EV) technology, has provided a significant update concerning its intellectual property portfolio, specifically U.S. Patent No. 12,522,100, titled "Multi-Port Charging Assembly for Electric Vehicles." This patent addresses key challenges in EV adoption, notably charging convenience and reducing charging time.

The company recently received correspondence from intellectual property counsel representing Volkswagen Group of America. This communication acknowledged receipt of Elektros' letter regarding its patented EV charging technology and indicated that Volkswagen's legal team intends to review the patent and the issues raised by Elektros.

Elektros views the protection and enforcement of its intellectual property rights as a critical responsibility to its shareholders. The company's management remains dedicated to safeguarding the value of its patented technologies and ensuring that these rights are respected within the evolving EV market.

Shlomo Bleier, Chief Executive Officer of Elektros Inc., emphasized the importance of the patent, stating, "Our patent represents years of research, development, and dedication. We believe innovative charging solutions will continue to play an important role in the future evolution of electric vehicle infrastructure. As a company, we remain diligent in protecting our intellectual property and advancing technologies designed to improve the EV ownership experience."

The patented Multi-Port Charging Assembly technology is designed to tackle one of the most significant barriers to electric vehicle adoption: the convenience and speed of charging. By enabling multiple charging ports, the technology aims to enhance user accessibility and reduce wait times, thereby supporting broader EV infrastructure development.

Industry perspectives underscore the strategic importance of battery materials and EV technology. Tesla CEO Elon Musk has publicly stated, "Lithium batteries are the new oil," highlighting the critical role of battery innovation. The International Energy Agency (IEA) further notes that materials such as lithium, nickel, cobalt, manganese, and graphite are essential for battery performance, longevity, and energy density.

Elektros' focus on intellectual property protection aligns with these industry trends, positioning the company to contribute meaningfully to the EV sector's growth and the critical minerals market.

This development comes amid increasing global attention on sustainable transportation and the electrification of vehicles, where charging infrastructure remains a pivotal factor.

Investors and stakeholders are advised that this press release contains forward-looking statements within the meaning of federal securities laws, which involve risks and uncertainties.

Elektros continues to monitor and engage with key industry players to ensure its patented technologies are recognized and leveraged appropriately as the electric vehicle market expands.