Turbo Energy, S.A. (NASDAQ:TURB) ("Turbo Energy" or the "Company"), a global provider of AI-optimized solar energy storage technologies and solutions, today announced that the United States Patent and Trademark Office ("USPTO") has granted the Company U.S. Patent No. 12,503,000 B2, protecting its advanced optimization procedure and system designed to optimize electric vehicle ("EV") charging in residential solar energy installations with battery storage. The patented technology strengthens Turbo Energy's positioning in the rapidly expanding U.S. residential EV charging market, which the Company estimates could exceed $12.5 billion annually by the end of the decade, based on company estimates derived from publicly available projections from the U.S. Department of Energy (DOE) and the National Renewable Energy Laboratory (NREL), and electricity price data from the U.S. Energy Information Administration (EIA).
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