Electric Vehicle Technology Stock
Electric Vehicle Technology Stock CEO Robert Kang interviewed on best small cap stocks to buy investing news show, Money Info.
Leo Motors, Inc. is an electric vehicle technology stock involved in Electric Vehicle Development, Energy Storage Devices, Electric Conversion Kits and Electric Boat Technology.
The company is a pioneering in electric vehicle battery swapping. Leo invented the patented battery replacement system which relieves any charging time. This innovative solution provides an easy way to replace (switch or swap out) batteries that need to be charged with fully charged ones. This is a vital benefit for electric vehicle public buses, taxies and delivery trucks do not have enough time to recharge the batteries because they usually operate more than 18 hours per day. Leo’s Battery Swapping Machines, it debunks the time required to fuel vehicles of equivalent size with gas. The battery swapping machines are carts which replace battery cartridges and neglects the requirement of expensive robot arms that crawl out of the ground to handle massive battery packs. Using this shopping cart-sized device, 20 cartridges can be replaced within 5 minutes.
Leo has patents for the electric battery industry which we will be writing about in upcoming weekly reports. They have developed a lithium battery that can operate vehicles in sub-zero climates. Their subsidiary LGM has developed battery technology supported by the Korean government to make it possible to use electric battery technology for fishing boats. They have a cartridge system which is a light-weight replacement method of swapping electric batteries.
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