IQST - iQSTEL To Develop Battery Solution For Electric Vehicle Industry
January 28 2021 - 9:06AM
InvestorsHub NewsWire
New York, NY -- January 28, 2021 --
InvestorsHub NewsWire -- iQSTEL, Inc. (USOTC:
IQST) today announced a new battery development initiative
targeting the burgeoning electric vehicle
industry.
iQSTEL’s subsidiary, loT Labs Mx
(www.iotlabs.mx),
leads the company’s Technology Division. IoT Labs has for the
last two years been developing an array of IoT solutions. IoT
Labs, now a part of iQSTEL, is accelerating its development efforts
on a battery solution for the Electric Vehicles (EV) industry with
the synergies it has gained through the technology and business
base provided by iQSTEL’s Telecom
Division.
IoT Labs also engages in the development
of other technologies. Its landmark Smart Gas technology
(www.iotsmartGas.com)
won the Smart Appliance of the Year award from Iot Break through
(www.iotbreakthrough.com).
Stemming from IoT Lab’s Smart Gas
experience, IoT Labs has initiated a research and development
project to build a Smart solution designed specifically for the
Chemical Industry (www.iotsmartTank.com)
to assist in the management of pressurized and non-pressurized
containers, vessels and tanks.
Recently, IoT Labs began working with
Alternet Systems, Inc. (USOTC:
ALYI) to develop Smart EV solutions (www.iotsmartEV.com)
that IoT Labs will in turn market to the entire EV industry.
Under the current project timeline, IoT Labs anticipates a Smart EV
solution suite prototype by July of this
year.
In conjunction with IoT Labs ongoing work
with Alternet Systems, IoT Labs is expanding its EV industry scope
to include the development of a proprietary battery solution
(www.iQBatteries.com).
The battery development initiative is well underway.
iQSTEL plans to soon release more details on the battery
development initiative. Stay
tuned.
About iQSTEL Inc
(Updated):
iQSTEL Inc (OTC:
IQST) (www.iQSTEL.com) is a US-based publicly-listed company
offering leading-edge Telecommunication, Technology and Fintech
Services for Global Markets, with presence in 13 countries.
The company provides services to the
Telecommunications, Electric Vehicle (EV), Liquid Fuel
Distribution, Chemical and Financial Services Industries. iQSTEL
has 4 Business Divisions: Telecom, Technology, Fintech and
Blockchain, with worldwide B2B and B2C customer relations operating
through its subsidiaries: Etelix, SwissLink, QGlobal SMS,
SMSDirectos, IoT Labs, Global Money One and itsBchain. The Company
has an extensive portfolio of products and services for its
clients: SMS, VoIP, 4G & 5G international infrastructure
connectivity, Cloud-PBX, OmniChannel Marketing, IoT Smart Electric
Vehicle Platform, iQ Batteries, IoT Smart Gas Platform, IoT Smart
Tank Platform, Visa Debit Card, Money Remittance, Mobile Number
Portability Application MNPA (Blockchain Platform) and Settlement
& Payments Marketplace (Blockchain Platform).
Safe Harbor
Statement: Statements in this news release may be
"forward-looking statements". Forward-looking statements include,
but are not limited to, statements that express our intentions,
beliefs, expectations, strategies, predictions or any other
statements relating to our future activities or other future events
or conditions. These statements are based on current expectations,
estimates and projections about our business based, in part, on
assumptions made by management. These statements are not guarantees
of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual
outcomes and results may, and are likely to, differ materially from
what is expressed or forecasted in forward-looking statements due
to numerous factors. Any forward-looking statements speak only as
of the date of this news release and iQSTEL Inc. undertakes no
obligation to update any forward-looking statement to reflect
events or circumstances after the date of this news
release.
iQSTEL
Inc.
IR US Phone: 646-740-0907, IR
Email: investors@iqstel.com
Source: iQSTEL Inc. and its
subsidiaries:
www.iqstel.com ; www.etelix.com ; www.qglobalsms.com ; www.swisslink-carrier.com ; www.smsdirectos.com ; www.iotlabs.mx ; www.iotsmartev.com ; www.iQBatteries.com ; www.iotsmartgas.com ; www.iotsmartTank.com ; www.globalmoneyone.com ; www.visamoneyone.com ; www.itsBchain.com
iQSTEL (QX) (USOTC:IQST)
Historical Stock Chart
From Aug 2024 to Sep 2024
iQSTEL (QX) (USOTC:IQST)
Historical Stock Chart
From Sep 2023 to Sep 2024