Jacksonville, FL, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Global Warming Solutions, Inc. (TICKER: GWSO) today announced the launch of ALTERNA MOTORS, LLC., a wholly-owned subsidiary of GLOBAL WARMING SOLUTIONS Inc., to design and develop electric vehicles ("EV") and EV charging solutions.
Vladimir Vasilenko, Chief Executive Officer of Global Warming Solutions, commented, "This is an important milestone for GWSO. As Tesla has demonstrated, an end-to-end business model in the sustainable energy space can generate significant value. With the addition of EV and EV charging segments to our diverse business, we are positioning Global Warming Solutions for the future of renewable energy."
A new subsidiary of Global Warming Solutions will focus on the design and development of new EV technologies and plans to partner with major manufacturers, as necessary.
“Our team has extensive experience, going back to early 2000, by building hydrogen-based products. The company is working on a new EV technology and will file a Patent in the next 60 days”, stated Artemy Madatov.
“This patent describes a sodium-based device for supplying vehicles with hydrogen. Тhe device will be attractive for owners of electric vehicles because of its cost savings and ease of use.
The advantages of our technology:
- Using inexpensive and available sodium, as sodium is readily available at a fraction of the cost of lithium.
- A simplified production technology reduced the cost of the system by 10x compared to lithium-ion batteries.
- The system does not reduce its energy capacity during the entire life of the vehicle (400,000 miles).
- The system is always ready to operate the vehicle, … just start it up and drive.
- The system can store a charge for an extended time when the vehicle is idle.
“The President-elect and his team have laid out an ambitious, comprehensive approach to energy policy that recognizes renewable energy’s ability to grow America’s economy and create a cleaner environment, while keeping electricity costs low and combating the threat of climate change. Mr. Biden plans to spend $2 trillion on EV infrastructure as well as other green projects. This includes building over half a million charging stations by 2030 and restoring the full EV tax credit ,” concluded Artemy Madatov
About Global Warming Solutions, Inc.
Global Warming Solutions, Inc. (GWSO) develops and commercializes technologies that help mitigate Global Warming and its effect on our planet. The Company targets two areas that help reduce the extent of Global Warming and fight issues that have risen as a result: Clean Energy and Carbon Reduction. Current climate models predict that global temperatures will rise sharply over the next century. The increase in temperatures can be slowed or eliminated by decreasing the amounts of greenhouse gases released into the Earth’s atmosphere. Global Warming Solutions seeks to leverage its experience and management to help make a difference in the fight for climate change.
To learn more about Global Warming Solutions, Inc. Visit: http://www.gwsogroup.com
Forward-Looking Statements
This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent the Company’s current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the opinions of the Company’s management only as of the date of this release. Please keep in mind that the Company is not obligating itself to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as: potential, expect, look forward, believe, dedicated, building, or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by the Company herein are often discussed in filings the Company makes with the United States Securities and Exchange Commission (SEC) available at www.sec.gov and on the Company’s website at https://www.gwsogroup.com.
Contact:
Vladimir Vasilenko
CEO
Global Warming Solutions, Inc.
Vladimir@gwsogroup.com