[ACCESSWIRE]
SEOUL, SOUTH KOREA / ACCESSWIRE / October 27, 2015 / Leo Motors Inc. (OTCQB: LEOM) has filed a patent application for its battery power pack comprised of battery cells that deliver full capacity and power in extreme cold temperatures.
Traditional batteries fail in extreme cold temperatures thus incapacitating Electric Vehicles in the extreme cold regions of the world. Even though China has regulations requiring 30% of new government-purchased vehicles to be electric, there are few EV's in the Northern parts of China. Russia has the same problem in its cold regions.
LEO has solved the cold region problem with its newly invented Nano Carbon Technology (CNT) electric vehicle battery power pack that functions and supplies full power in low temperatures (under -49 degrees F) without any capacity or power loss.
Named the "Extreme Power Pack," Leo's new battery power packs will be used for electric snow mobiles and Energy Storage Systems as well electric vehicles in very cold regions worldwide.
Dr. Shi Chul Kang, LEO CEO said, "We are pioneering the EV market in the cold regions such as the northeastern parts of China and Russia and we expect to establish LEOM as the EV leader in such markets because we have broken through the former technology barriers to create the Extreme Power Pack.
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the company's reports and registration statements filed with the Securities and Exchange Commission.
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SOURCE: Leo Motors
