Extreme Vehicle Battery Technologies Corp. (the 'Company' or 'EV Battery Tech') (CSE: ACDC) is pleased to announce that on November 10, 2020 it entered into an agreement with Squamish EcoVille Ltd. dba EcoVille Ltd. ('EcoVille'), to provide energy storage system (ESS) and electric vehicle (EV) charging solutions for their upcoming carbonneutral, self-sufficient eco-community (the 'Agreement').

Pursuant to the Agreement, EV Battery Tech has been engaged by EcoVille as the exclusive provider of ESS solutions for its Squamish development's renewable energy generation systems and buildings. EV Battery Tech has also been engaged to supply 'Smart' charging stations to be installed in the development and provide services such as real-time monitoring. The Agreement lays out an implementation and roll-out plan for each phase of the EcoVille Squamish project. The project is expected to generate sales of ESS and EV Charging products supplied through the application of the Company's technology.

About the EcoVille Development

EcoVille develops eco-communities by bringing together innovative technologies that enable communities to achieve self-sufficiency and carbon neutrality. Currently, EcoVille is developing projects in Squamish and Vancouver, British Columbia. 'We are not looking to be just a developer, but a community builder that harmonizes with surrounding nature, and generates a learning environment for individuals to understand our options to reduce our impact on the climate.' commented Geoff Forrester, a Senior Member of EcoVille's leadership team. 'We are very excited to work with EV Battery Tech. Their technology fits perfectly into our scope to have a clean, sustainable community and their solutions are more cost-effective than our alternatives. We believe this is the beginning of a long and fruitful business relationship' continued Mr. Forrester.

Contact:

Tel: 604-325-2223

Email: info@evbattery.tech

About EV Battery Technologies

EV Battery Tech is a blockchain and battery technology company with exclusive North and South American distribution rights as well as European and African distribution rights to patented battery management systems (BMS) designed to meet the growing demand for scalable, smart solutions for the electric vehicle (EV) and energy storage solution (ESS) markets. EV Battery Tech's technology is based on artificial intelligence (AI) algorithms designed to analyze the short comings of batteries in today's market. The resulting extraordinary technology allows batteries to have more efficient power management and longer battery life, while offering realtime monitoring and remote maintenance. The Company's AI technology will also allow it to use recycled batteries in its ESS manufacturing process, making it one of the greenest battery technology companies in the industry.

Forward Looking Statements

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward looking statements in this news release include, but are not limited to, statements relating to: EcoVille's planned development and use of the Company's technologies therein; the benefits to EcoVille and the Company of their partnership and completion of the Agreement. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forwardlooking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.

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