WEST PALM BEACH, FL / ACCESS Newswire / October 29, 2026 / Lithium's Role in the Next Era of Electric Mobility

As electric transportation expands, access to battery materials remains an important part of the supply-chain discussion. Lithium is a principal component in the lithium-ion batteries used in most battery-electric vehicles. ELEKTROS Inc. (OTC PINK:ELEK) is considering a hard-rock lithium opportunity in northern New York, on the U.S. side of the Canadian border, as a possible addition to its longer-term strategic focus. This is an early-stage opportunity under consideration only; no acquisition, verified mineral resource or mine development is being announced.

A Potentially More Direct Domestic Supply Route

The company is examining the broader strategic question of whether a viable domestic lithium source could offer a more direct path from mineral-bearing material to an American processor. A successful U.S. project could potentially reduce dependence on ocean shipping and limit exposure to certain import-related procedures or tariffs. Those possibilities are conditional and would require satisfactory geological work, confirmed ownership and mineral rights, permitting, environmental review, transportation arrangements, refinery capacity, available capital and favorable economics. No such advantages have been demonstrated for the contemplated location.

A Wider Industry Conversation

The lithium sector remains a significant topic in discussions about electric vehicles, energy storage and industrial supply chains. In an October 22, 2026 article titled "Lithium's $100 Billion Supply Gap Hands Albemarle a Domestic Moat," Benzinga examined potential industry investment and supply requirements. The article relates to other companies and market-wide estimates. It does not indicate an agreement, reserve, financing commitment or endorsement involving ELEKTROS. Forecasts and market estimates are inherently uncertain.

Patent Focus: Multi-Port EV Charging

Alongside its lithium-related evaluation, ELEKTROS continues to consider potential partnerships involving its multi-port EV charging patent, U.S. Patent No. 12,522,100 B1. The company believes that evaluating opportunities across both materials and charging technology is relevant to the evolving electric-mobility landscape. Patent ownership does not, by itself, demonstrate commercial deployment or market acceptance. No completed prototype, licensing agreement or revenue stream is being announced.

Due Diligence Comes First

Before any potential project could advance, key fundamentals would need to be examined. These include property title and mineral rights, existing geological data, independent sampling where appropriate, environmental and permitting obligations, transportation and processing options, and the availability and cost of financing. ELEKTROS intends to approach potential opportunities with care and recognizes that no transaction, production timetable or commercial success is guaranteed.

Commitment to Transparent Progress

ELEKTROS thanks its shareholders for following the company's developing areas of interest. Management believes that credibility is earned through substantiated progress and clear disclosure. The company is grateful to its shareholders for their continued attention and expresses gratitude to Almighty God for the opportunity to explore new possibilities. Investors should review ELEKTROS' public disclosures and understand the risks of investing in microcap securities. This announcement is not a prediction of the future trading price or performance of ELEK shares.

About ELEKTROS Inc.

ELEKTROS Inc. is publicly traded on the OTC market under ticker symbol ELEK. The company's areas of interest include hard-rock lithium opportunities, EV charging infrastructure and patented EV charging technology. The northern New York location referenced in this release has not been acquired and is not an operating or producing mine.

Forward-Looking Statements and Important Risk Disclosure

This release includes forward-looking statements within the meaning of applicable securities laws relating to possible property acquisition, lithium mineralization, resources, mining, processing, transportation, tariffs, financing, prospective customers, charging technology and commercial opportunities. Forward-looking statements are based on current expectations and are not guarantees. ELEKTROS has not announced a completed acquisition in New York, an independently verified mineral resource or reserve, a feasibility study, a mining permit, an operating mine, a production schedule, a refinery supply agreement or a commercial charging prototype. Actual results may be affected by geological uncertainty, title and mineral rights, permitting, environmental obligations, access to capital, commodity prices, processing capacity, logistics, counterparties, technology development, competition and market volatility. ELEK is a speculative microcap security, and investors could lose some or all of their invested capital. Actual events and results may differ materially from those described or implied. ELEKTROS undertakes no obligation to update forward-looking statements except as required by law.

Investor & Media Contact

ELEKTROS Inc. | Publicly Traded | OTC Ticker Symbol: ELEK
Phone: 786-477-9003
Email: elektrosinc@gmail.com
Website: https://elektros.energy

Industry and Patent References

Benzinga, October 22, 2026: "Lithium's $100 Billion Supply Gap Hands Albemarle a Domestic Moat."

https://www.benzinga.com/markets/commodities/26/10/62523013/lithiums-100-billion-supply-gap-hands-albemarle-a-domestic-moat

U.S. Patent No. 12,522,100 B1: https://patents.google.com/patent/US12522100B1/en

SOURCE: Elektros, Inc.