December 23, 2022
EOS Linx Increases EV Chargers by 2600% in Second Year, Plans to Deploy Mobile App in 2023
EOS Linx Increases EV Chargers by 2600%
The leader in EV charging expects 4,000 sockets to be operational in 2023

BRENTWOOD, Tenn., Dec. 22, 2022 – EOS Linx, an owner and operator of a growing national, solar-supported electric vehicle (EV) charging network committed to advancing an EV lifestyle-based solution through advanced edge technology and user-focused functionality, significantly increased its footprint in only its second year of operation, marking 2600% growth in 2022. Charging infrastructure is required to meet the increasing demand for EVs — nearly 10% of vehicles are estimated to be electric by 2030 — and EOS Linx has expanded its presence through a variety of measures to provide drivers and communities with a sustainable solution, allowing them to charge when and where it meets their lifestyle.

Partnering with some of the biggest names in hospitality and retail over the last 12 months, EOS Linx installed charging sites at convenient, strategic locations in Alabama, Georgia, Tennessee, and Texas. Their exponential growth in 2022 is expected to continue into next year with roughly 4,000 sockets estimated to be fully operational across six states, as expansion reaches Arizona and Florida by the end of 2023.

“With EV adoption still in the early stages, many drivers worry about how far they can travel before they need to plug in again. The partnerships we forged this year will significantly accelerate our ability to help solve that challenge,” said Blake Snider, CEO of EOS Linx. “Our mission is to make the journey smoother for EV drivers and we’re eager to build on our recent success and provide more solutions in 2023 through increased collaboration to meet the demand of this explosive market.”

EOS Linx significantly advanced its mission of supporting community-wide electrification programs in 2022 by selecting NeoVolta as its battery supplier. NeoVolta’s customized energy storage systems will be integrated at stations deployed and activated in 2023. The partnership was reinforced by the appointment of Brent Willson, CEO and founder of NeoVolta (NASDAQ: NEOV), to EOS Linx’s Board of Directors. Willson has two decades of executive management experience during his time serving in the Marines, and brings a skill set that includes expert risk assessment, supply chain, and logistics insight — all of which will assist EOS Linx in its goal of creating a more sustainable planet.

EOS Linx has several plans in the works that will improve the EV driving experience in 2023, including the launch of a mobile application that allows drivers to easily search and view charge stations, as well as offer flexible payment options. EOS Linx also plans to launch an additional product suite that will provide more options for sites to customize EV chargers based on individual locations and unique charging needs.

Learn more about the EOS Linx difference and how its chargers are built for the future.

About NeoVolta

NeoVolta designs, develops, and manufactures advanced energy storage systems for both residential and industrial use. Its storage solutions are engineered with lithium iron phosphate (LiFe(PO4)) battery chemistry, which is clean, nontoxic, and nonflammable. The residential-focused NeoVolta NV14 is equipped with a solar-rechargeable 14.4 kWh battery system, a 7,680-Watt inverter, and a web-based energy management system with 24/7 monitoring. The system’s 6,000-cycle battery life, one of the longest on the market, translates to 16.5 years of useful life, based on a full charge and discharge each day. The NV14 has passed the product safety standards set forth by Underwriters Laboratories (UL) for battery energy storage safety testing.

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About EOS Linx

EOS Linx combines solar energy and energy storage in its charging stations to support a more renewable electrification solution for electric vehicle charging, performing even when grid power is interrupted. The comprehensive charging solution includes solar power generation and storage, electric vehicle charging, AI-based security, and digital out-of-home advertising that adds immediate value to each location. At EOS Linx we believe sustainable energy infrastructure is the future. We are the smartest solution to power today’s on-the-go lifestyle.

Forward-Looking Statements

Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Forward-looking statements in this press release include, without limitation, the timing of the ADP rollout, the future performance, reliability, and safety of NeoVolta’s NV14 storage system and the ability of the NV14 to be successfully integrated with residential backup generators. Although NeoVolta believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. NeoVolta has attempted to identify forward-looking statements by terminology including ”believes,” ”estimates,” ”anticipates,” ”expects,” ”plans,” ”projects,” ”intends,” ”potential,” ”may,” ”could,” ”might,” ”will,” ”should,” ”approximately” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under the “Risk Factors” section of NeoVolta’s Form 1-A filing filed with the Securities and Exchange Commission (“SEC”) and updated from time to time in its other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. NeoVolta undertakes no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.