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EV Battery Tech (CSE:ACDC) reports notable progress during the final quarter of 2021

Technology
CSE:ACDC
05 January 2022 12:45 (EDT)

Source: gobenewswire.com

EV Battery Tech (ACDC) reported significant sales, unveiled its first custom battery system and acquired large-scale crypto assets.

IONiX, a subsidiary of EV Battery Tech, released its Pro Home SmartWall earlier in 2021 and presales commenced on September 28. In December IONiX received a presale order of 1,000 SmartWalls which pushed sales over the limit due to global supply constraints.

EV Battery Tech and Daymak have entered a partnership in regards to sales, distribution and service. Daymak is building a SmartWall showroom in Toronto and has plans for more globally.

Daymak, EV Battery Tech, and IONiX showcased the Daymak Avvenire Spiritus on December 9, 2021.

The Avvenire Spiritus is powered by a custom IONiX battery system that uses EV Battery Tech’s patented battery management system.

EV Battery Tech made developments on its core blockchain and crypto business. EV Battery Tech made an investment in the Renewable Obligation Base energy economy and acquired a blockchain-based, crypto compatible technology, as well as acquired Optima CP, a company focused on the development and management of crypto mining facilities.

CEO of EV Battery Tech, Bryson Goodwin, reflected.

“We kick off 2022 working hard to deliver SmartWalls and building up our first crypto mining facility. We are all confident and believe 2022 will be another year of tremendous growth.”

Daymak is a Toronto-based company that develops and distributes personal light electric vehicles.

IONiX is a corporation focusing on battery products and services. The SmartWall allows users to monitor their home energy storage system remotely and has maintenance and repair functions.

EV Battery Tech is a blockchain and battery technology company that has a patented Battery Management System.

EV Battery Tech (ACDC) is unchanged at C$0.14 per share at 12:33 PM EST.

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