Industry Perspective:

"Lithium batteries are the new oil." - Elon Musk, Tesla CEO (publicly reported statement regarding the strategic importance of battery materials).

"Lithium, nickel, cobalt, manganese and graphite are crucial to battery performance, longevity and energy density." - International Energy Agency (IEA), Global EV Outlook.

WEST PALM BEACH, FL / ACCESS Newswire / June 5, 2026 / Elektros Inc. (OTC Pink:ELEK) is pleased to provide shareholders with an update regarding the Company's intellectual property initiatives surrounding U.S. Patent No. 12,522,100, entitled "Multi-Port Charging Assembly for Electric Vehicles."

The Company recently received correspondence from intellectual property counsel representing Volkswagen Group of America acknowledging receipt of Elektros' communication concerning the Company's patented EV charging technology. The correspondence indicates that Volkswagen's legal team intends to review the Company's patent and the matters raised in Elektros' letter.

Elektros believes that protecting and enforcing its intellectual property portfolio is an important responsibility to its shareholders. The Company's management remains committed to safeguarding the value of its patented technologies and ensuring that its intellectual property rights are appropriately respected.

"Our patent represents years of research, development, and dedication," stated Shlomo Bleier, Chief Executive Officer of Elektros Inc. "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 Company's patented Multi-Port Charging Assembly technology is directed toward addressing one of the most significant challenges facing electric vehicle adoption: charging convenience and charging time.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws.

Contact Information
Elektros Inc.
Email: [email protected]
Website: www.elektros.energy

SOURCE: Elektros Inc.