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WPUR Confirms Off Grid EV Charging Technology Acquisition Negotiations
WPUR Confirms Off Grid EV Charging Technology Acquisition Negotiations.
About this update from Waterpure International, Inc.
[{"type":"text","content":"\n\n\n\nWPUR Confirms Off Grid EV Charging Technology Acquisition Negotiations\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 Confirms Off Grid EV Charging Technology Acquisition Negotiations\nPR Newswire\nDALLAS, Nov. 10, 2021\n\n\n\nDALLAS, Nov. 10, 2021 /PRNewswire/ -- WaterPure International, Inc. (USOTC: WPUR) today confirmed the company is in negotiations to acquire an innovative, off grid, EV charging technology solution. WPUR anticipates ultimately succeeding in the acquisition and deploying the technology initially in Sub Saharan Africa alongside its current water technology initiatives.\nWPUR yesterday revealed plans to add the electric utilities market to its current water utilities operations.\nWPUR has recently updated its decade old clean water operations and has already begun to trial new water delivery efficiencies and technologies in developing economic markets to be subsequently scaled for all global markets.\nWater scarcity today impacts over 3 billion people and by 2050 is expected to impact 5 billion.\nThe overall renewable water market was valued at an estimated value of over $263 billion in 2020 anticipated to grow to $500 billion by 2028.\nElectric utilities, particularly in developing economic regions, are also struggling with power shortages similar to the water scarcity issues. Too much of the global power supply comes from coal and the transition to electric powered vehicles (EVs) is anticipated to double demand for electricity.\nIn addition to its approach to water utilities, WPUR now plans to also begin trialing new electricity generation and delivery efficiencies and technologies in developing economic markets to also be subsequently scaled for all global markets.\nWPUR recently announced the company is on track to make a strategic water technology acquisition prior to the end of this year, 2021.\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 utilities industry currently generates over $4 trillion in a...