Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, today announced the successful new vehicle integration of its 100 Volt Coil Driver(TM) technology. Per the update, this marks the second vehicle integration of the company’s Coil Driver technology within the past month and follows an independent assessment proving the technology successfully combines two traditionally separate formats of power electronics for the first time and has the potential to reduce the weight and cost of electric powertrains. “Last month in our company update webcast, I spoke to Exro’s robust pipeline, which includes several strong NDA partners and at least ten active projects,” said Sue Ozedmir, CEO of Exro. “I’m pleased to provide our shareholders with an update on one of these NDA projects and highlight another successful vehicle integration of our Coil Driver technology. This milestone is another tangible example of how the Coil Driver can be customized and scaled to meet our customers’ powertrain requirements to ultimately optimize performance.”
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About Exro Technologies Inc.
Exro is a clean technology company pioneering intelligent control solutions in power electronics to help solve the most challenging problems in electrification. Exro has developed a new class of control technology that expands the capabilities of electric motors, generators and batteries. Exro enables the application to achieve more with less energy consumed. Exro’s advanced motor control technology, the Coil Driver(TM), expands the capabilities of electric powertrains by enabling intelligent optimization for efficient energy consumption. Exro is working with many partners from all over the world to bring their technology to the electric mobility industries and beyond. For more information, visit the company’s website at www.Exro.com.
NOTE TO INVESTORS: The latest news and updates relating to EXROF are available in the company’s newsroom at http://ibn.fm/EXROF
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