$KULR Under Radar EV Play Ramping Off Key Support

KULR Technology Group Inc. (OTCMKTS:KULR) is an under-the-radar electric vehicle play that has a chance to catch fire:

- KULR's board features Xia Zuoquan, Co-Founder of Chinese Electric Vehicle and Battery Maker, BYD, which is backed by American billionaire Warren Buffett,

- KULR is a pick-and-shovel play on the EV market... hottest industry play in the stock market over past 6 months

- According to MarketsandMarkets, the electric vehicles market is projected to reach approximately 27 million units by 2030 from an estimated 3.3 million units in 2019 for annualized growth of 21.1%.

- Grandview Research projects the global 5G services market size is estimated to reach $41.5 billion by 2020 and expand at annualized growth of 43.9% from 2021 to 2027.

- KULR tech is hedge for L-Ion batter tech.. removes downside risk for EV manufacturers by shifting odds on neg events, which represents a unique niche in one of the fastest growing industries in the market

- The total energy storage market is expected to grow to $554 billion in annual revenue by 2035 from $59 billion in 2019 for a compound annual growth rate of 15% according to a report by Lux Research

- KULR’s intellectual property strategy includes pursuing patent protection for new innovations in core carbon fiber architecture development, application development, acquisition of intellectual property, and licensing of third-party patents and intellectual property. As of May 14, 2020, the company has eight pending nonprovisional and provisional patent applications and four patents granted. KULR also has an exclusive license to four third party patents.

- KULR recent analyst research projects 83.8% increase in revenue to $1.5 million from $816,000 projected for 2020.