WPUR Announces EV Charging Contract
November 12 2021 - 12:09PM
InvestorsHub NewsWire
Dallas, TX -- November 12, 2021 -- InvestorsHub
NewsWire -- WaterPure International, Inc. (USOTC:
WPUR) today announced entering into an agreement to provide an
electric vehicle charging solution for a special purpose electric
vehicle operation in Sub-Sahara Africa. Details of the
agreement are confidential pending an anticipated announcement by
WPUR’s client with details about the special purpose electric
vehicle operation. The special purpose electric vehicle
operation is expected to launch next year.
WPUR recently revealed plans to add the electric
utilities market with a focus on electric vehicle charging to its
current water utilities operations.
WPUR has recently updated its decade old clean
water operations and has already begun to trial new water delivery
efficiencies and technologies in developing economic markets to be
subsequently scaled for all global
markets.
Water scarcity today impacts over 3 billion
people and by 2050 is expected to impact 5
billion.
The
overall renewable water market was valued at an estimated value of
over $263 billion
in 2020 anticipated to grow to $500
billion by 2028.
Electric utilities, particularly in developing
economic regions, are also struggling with power shortages similar
to the water scarcity issues. Too much of the global power
supply comes from coal and the transition to electric powered
vehicles (EVs) is anticipated to double demand for
electricity.
In
addition to its approach to water utilities, WPUR now plans to also
begin trialing new electricity generation and delivery efficiencies
and technologies in developing economic markets to also be
subsequently scaled for all global
markets.
WPUR recently announced the company is on track
to make a strategic water technology acquisition prior to the end
of this year, 2021.
WPUR also recently confirmed the company is in
negotiations to acquire an innovative, off grid, EV charging
technology solution.
The
market for water technology products and services purchased by
water utility companies is over $64 billion
expected to reach $83 billion by
2023.
The
global electric utilities industry currently generates over
$4 trillion in annual
revenue without providing
adequate electricity globally.
The
global electric vehicle charging market was valued at
$10 billion in 2020
expected to grow to $27 billion by 2027.
Look for more details coming soon on the pending
water technology acquisition and the off-grid EV charging solution
acquisition negotiations.
Disclaimer/Safe
Harbor: This news release contains forward-looking statements
within the meaning of the Securities Litigation Reform Act. The
statements reflect the Company's current views with respect to
future events that involve risks and uncertainties. Among others,
these risks include the expectation that any of the companies
mentioned herein will achieve significant sales, the failure to
meet schedule or performance requirements of the companies'
contracts, the companies' liquidity position, the companies'
ability to obtain new contracts, the emergence of competitors with
greater financial resources and the impact of competitive pricing.
In the light of these uncertainties, the forward-looking events
referred to in this release might not
occur.
Contact:
Sean Mathis
info@wpurinc.com
972-918-5256
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