Business
WPUR Builds Recurring Revenue Model To Serve $100B EV And Water Tech Sectors
WPUR Builds Recurring Revenue Model To Serve $100B EV And Water Tech Sectors.
About this update from Waterpure International, Inc.
[{"type":"text","content":"\n\n\n\nWPUR Builds Recurring Revenue Model To Serve $100B EV And Water Tech Sectors\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nWPUR Builds Recurring Revenue Model To Serve $100B EV And Water Tech Sectors\nPR Newswire\nDALLAS, Nov. 17, 2021\n\n\n\nDALLAS, Nov. 17, 2021 /PRNewswire/ -- WaterPure International, Inc. (USOTC: WPUR) today announced the company is forecasting a recurring revenue model to begin generating and rapidly expanding revenue next year in 2022 by providing services in the electric utilities sector with an emphasis on the electric vehicle (EV) charging subsector, and the water technology sector with combined market values over $100 billion.\nWPUR recently updated its decade old clean water operations and begun to trial new water delivery efficiencies and technologies in developing economic markets to be subsequently scaled for all global markets.\nWPUR also recently revealed plans to add the electric utilities market with a focus on electric vehicle charging to its current water utilities operations.\nWPUR has revealed a pilot clean water project already implemented and operating at a dairy operation in Sub Sarah Africa.\nWPUR has also recently announced entering into an agreement to provide an electric vehicle (EV) charging solution for a special purpose electric vehicle operation in Sub-Sahara Africa.\nThe market for water technology products and services purchased by water utility companies is over $64 billion expected to reach $83 billion by 2023.\nThe global electric vehicle charging market was valued at $10 billion in 2020 expected to grow to $27 billion by 2027.\nWPUR recently announced the company is on track to make a strategic water technology acquisition prior to the end of this year, 2021.\nWPUR also recently confirmed the company is in negotiations to acquire an innovative, off grid, EV charging technology solution.\nEV charging and water technology have combined market values over $100 billion. WPUR is implementing a strategy to establish a recurring revenue model serving both.\nLook for key updates with additional details on WPUR's p...