Core Insights - Polar Power Inc. has received an initial purchase order for fifty next-generation EVMC30K mobile chargers, aimed at providing emergency roadside fast-charging for electric vehicles that have depleted their batteries before reaching a charging station [1][12] Product Overview - The EVMC30K Chargers deliver up to 30 kW of level 3 fast charging power, enabling stranded EV drivers to resume their journey quickly without the need for towing [2] - These chargers operate independently of the grid, utilizing a propane-fueled Toyota prime power engine and a high-efficiency Polar DC alternator, and are also available in natural gas and diesel options [2] - The charging time for the EVMC30K Chargers is between 15 to 30 minutes, sufficient for drivers to reach the nearest charging station, similar to providing gasoline to a stranded motorist [3] Market Need and Applications - There is a significant market demand for mobile EV charging solutions, particularly for automotive dealerships, car rental agencies, and fleet operators who face challenges with EVs losing charge during transportation or storage [4][10] - The mobile charging technology addresses critical pain points such as range anxiety and phantom discharge, providing a practical alternative to towing [4] - Polar Power's compact DC-based system can be installed on small vehicles, making it more versatile compared to existing mobile charging solutions that require larger transport vehicles [4] Business Strategy - Polar Power is negotiating a two-year distribution agreement for sales and service of its mobile chargers, which is expected to enhance its presence in the niche market of mobile EV charging solutions [4]