NV Energy is going to use the redline electric energy drink to boost the electric vehicle battery charging capabilities of electric vehicles in the U.S. and Europe, a spokesman said on Thursday.
The spokesman declined to identify the company that would receive the funds, but the source familiar with the matter said it was NV Energy.
NV Energy has a product called Redline, a beverage with redline in the name.
NV’s Redline Energy Drink is made with the same ingredients as Redline and has been available since last year.
NV is investing $1 billion in electric vehicle batteries, and NV Energy will be the first to produce and sell it, the spokesman said.
The beverage is expected to be available in stores by early 2019.
NV did not disclose the amount of the investment.
The company’s Red Line Energy Drink, which costs $1.79 for 750 mL or 750 mL of liquid, is a high-energy energy drink that comes in two flavors, Redline energy and redline, the company said in a blog post on Thursday describing the product.
“Redline Energy is an energy drink made with red-line technology, which makes it the only energy drink with the capacity to charge a battery up to 50 percent faster than regular energy drinks,” the blog post said.
“It’s the only beverage that’s completely red, meaning that it can’t absorb harmful substances like CO2 or mercury, and it is the only drink with a carbonated taste.”
The drink can be made with other ingredients, including a variety of fruits and veggies, as well as organic cane sugar, NV said.
Redline is available in 10 flavors: red, red, blue, blue-violet, pink, pink-vintage, green, red-vampire, blue and purple.
The Redline product has not yet been certified for use in the United States, and a spokesman for NV Energy said that it has not had the greenlight to do so.
“However, the Redline team has had a great deal of experience developing energy drinks in the US,” the spokesman, Paul Schofield, said in an email to The Associated Press.
“We expect the Redlines Redline to be a hit and the first of many energy drinks with this type of functionality in the future.”
NV Energy plans to roll out Redline in other markets, including the U