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ELPW vs KULR

Elong Power Holding Limited Class A Ordinary Shares and KULR Technology Group, Inc.

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Elong Power Holding Limited Class A Ordinary Shares

Elong Power Holding Limited research, develops, produces, and markets application of high-power lithium-ion battery packs, cells, and parts for electric vehicles and construction machinery. It also offers lithium-ion batteries for energy storage systems. In addition, the company provides battery cells, modules, system integration, and battery management system. Further, it is involved in the research, development, manufacture, and sale of backup power supplies, energy storage systems, and accessories. The company was founded in 2014 and is based in Ganzhou, China.

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KULR Technology Group, Inc.

KULR Technology Group, Inc., through its subsidiary, KULR Technology Corporation, develops and commercializes thermal management technologies for electronics, batteries, and other components applications in the United States. It provides lithium-ion battery thermal runaway shields; automated battery cell screening and test systems; safeCASE; fiber thermal interface materials; phase change material heat sinks; internal short circuit devices; and CRUX cathodes, as well as AI-powered robotic exoskeletons for U.S. Workforce. The company's technologies are used in electric vehicles, energy storage, battery recycling transportation, cloud computing, and 5G communication devices. It sells its products for applications, such as lithium-ion battery energy storage, electric vehicles, 5G communication, cloud computer infrastructure, consumer, and industrial devices. The company was formerly known as KT High-Tech Marketing Inc. and changed its name to KULR Technology Group, Inc. in August 2018. The company was founded in 2013 and is headquartered in Webster, Texas.

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