Alpine 4 Holdings, Inc. (ALPP) Subsidiaries, RCA Commercial and Elecjet, Enter Material Transfer Agreements with OEMs to Begin Testing of its Latest AX-03 Class of Solid-State Batteries

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Apr 18, 2023

PHOENIX, AZ / ACCESSWIRE / April 18, 2023 / Alpine 4 Holdings, Inc. (NASDAQ:ALPP), a leading operator and owner of small market businesses, announced that its subsidiaries, RCA Commercial and Elecjet, have entered into Material Transfer Agreements (MTA) with US based OEMs from sectors including the RV industry, Electric Tractors, in addition to Energy Storage Systems / Powerwalls. These MTAs are the culmination of months of discussions with these OEMs and their electrification needs. The Company anticipates that as the OEMs conduct their own internal testing procedures on the AX class of batteries, this will lead to long-term market contracts for the AX Class of power cells. The overall market size of these industries exceeds $10 Billion in market opportunity for the Company.