Why Extreme Vehicle Battery Technologies (CSE: ACDC) (OTC: CRYBF), leader in EV battery technology, has re-entered the digital currency mining space.
Are you looking for a way to play both the electric vehicle infrastructure market and the crypto space ?
In addition to utilizing blockchain technology to allow for the most efficient battery maintenance and processing this company also gives you direct exposure to cryptocurrency mining.
Why Are Investors Researching This Company?
- Crypto Exposure: The company has announced its acquisition of a large-scale crypto mining operation consisting of a proposed 100 digital currency miners
- Strategic Alliances: The company is one of Daymak Inc’s vendors, a leading Light Electric Vehicle (LEV) manufacturer with over $1 Billion in Pre-orders for their new EV line being released in 2023
- Revolutionary Solutions: The Company’s ROBe2 Protocol has been certified through the Renewable Energy Alliance (REA), making it the only carbon negative Cryptocurrency mining protocol
Let’s start with the most pressing opportunity. President Joe Biden recently signed a bill into law that has been in the works for years – a bipartisan deal on infrastructure with a price tag of $1.2 trillion. And while there are plenty of things inside of it, the big one we want to concentrate on, for this company at least, is the $7.5 billion allocated to charge electric vehicles.
With the ambition of society to move to electric-only, many more charging stations for electric cars will have to be installed. With the likes of Ford, GM, Honda, Mercedes-Benz, and others all planning an EV-heavy future, this may only be the start for EV-infrastructure projects. Think of all of the gas stations you see every day when you drive. You will likely need an equal amount of EV-charging stations to meet consumer demand for driving.
In its latest annual Electric Vehicle Outlook, BloombergNEF (BNEF) forecasts that global sales of zero-emission cars will rise from 4% of the market in 2020 to 70% by 2040. This may only be scratching the surface for transportation as a whole, though.
Extreme Vehicle Battery Technologies (CSE: ACDC) (OTC: CRYBF) is a Blockchain and Battery Infrastructure company with revolutionary, patented Battery Management Systems (BMS) designed to meet the exponentially growing demand for scalable, smart solutions for the rapidly expanding Electric Vehicle (EV) and Energy Storage Systems (ESS) markets.
Their difference boils down to a few things, and it’s what sets them apart. They fill a massive gap in the industry by utilizing:
- Artificial Intelligence
- Battery Management Systems
- Real-time Monitoring
- Remote Maintenance
- Energy Storage Systems
- Smart Charging Systems
- Battery Recycling
Not only that, but as of December 01, 2021, EV Battery Tech launched the IONiX Pro Smart Station, something that may revolutionize the EV charging station. From their news release:
“The Smart Station is the Company’s and IONiX Pro’s contribution to meeting growing EV demands. The Smart Station will consist of the previously announced IONiX Pro EV Smart Charger, along with the next product in the IONiX Pro TITAN series, the SmartCore (the “SmartCore”). The SmartCore, like the TITAN EnergyCore, is a large-scale energy storage system (ESS) that, within the Smart Station, will be located underground. Solar and wind power will send power to the SmartCore, where the energy will be stored and used by incoming consumers when required for their EVs.
How it works
- The Smart Station harnesses renewable energy via wind turbines and solar panels;
- The renewable energy is stored in the SmartCore below ground; and
- The customer plugs their EV into the EV Smart Charger, which transfers the stored energy from the SmartCore to the EV.
The Smart Station is poised to be capable of powering over 100 EVs per day, based on a 5MW SmartCore, and the average EV requiring approximately 40KW per charge.”
That’s how you get ahead of the game.
Recently, they announced the acquisition of a large-scale crypto mining infrastructure company, Optimal CP Inc for approximately $13.75 million.
CEO Bryson Goodwin on the deal:
“We began the pivot into the crypto space which has allowed our shareholders to participate in this market, whilst we continue to build out our products and services, and build further shareholder value. The acquisition of Optimal will provide us with an ideal opportunity to become a significant cryptocurrency miner!”
This is in addition to more splashes in the space, also noted in the release:
The Company has recently made progress within blockchain and cryptocurrency with its recent acquisition of CryptoPlug Technologies Inc. (“CryptoPlug”), a company which has been developing a blockchain-based crypto-compatible application for smartphones. Following this, the Company commenced a collaboration with the Renewable Obligation Base energy economy Protocol (the “ROBe2 Protocol”) through its subsidiary, IONiX Pro Battery Technologies Inc (“IONiX Pro”) product suite, to develop the first Proof of Renewable Protocol compatible hardware that will be capable of mining the ROBe2 Protocol.
Cryptocurrency is here to stay. After a major transitional period, we are seeing utilization in the forms of the NFT market, payment structures, country adoption, among other major catalysts. And while it is still very early, we have things such as the Metaverse, Web3, and other future technological shifts that cryptocurrency appears to feature in. Being a leader in the space, Extreme Vehicle Battery Technologies Corp (CSE: ACDC) (OTC: CRYBF) is a great play to take advantage of major societal shifts in the next 20-50 years.
There are many other reasons to get interested in this company, including several strategic partnerships that should be researched. However, the stock is a compelling case right now. After a 9400% surge from late October 2020 to February 9, 2021, the stock has consolidated to around $0.17 as of close on December 01. Given what we have gone over in this email, it appears an excellent time to start acquiring shares in the company:
If the EV market even comes close to its growth expectations, if crypto continues to be strong, and if the adoption of blockchain technology continues, Extreme Vehicle Battery Technologies Corp (CSE: ACDC) (OTC: CRYBF) is going to be one to watch. Get in before the surge and have something to tell your friends and family at the dinner table 10 years from now.
Of course, do your due diligence. Their website can be found here, but looking at recent investor presentations and financial performance numbers should also be researched. But be alert – opportunities like this don’t come along every day, and they can run away from you just as quickly.
Invest for the future, stick with your thesis, and profit.