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InvestorNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) Files Patent Application for Innovative EV Charging Solution
June 8, 2022

InvestorNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) Files Patent Application for Innovative EV Charging Solution

Hillcrest (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation electrical systems, today announced its filing of a patent application for a simplified EV charging solution. Per the update, initial proof-of-concept lab testing confirms that the enhanced powertrain solution provides universal, backward compatible, bidirectional (“V2X”) charging capabilities. With the patent application submitted, development efforts will continue with the goal of naming a launch partner and proof of concept validation in 2023. “In conjunction with the fast switching frequency capabilities of the Hillcrest high-efficiency inverter, our universal, bidirectional charging architecture could maximize the efficiency and minimize the hardware in both the powertrain and the charging system,” said Hillcrest CTO Ari Berger. “An EV capable of accessing AC or DC power across a variety of voltage levels in a wired or wireless environment offers a new level of interoperability not currently available. This could dramatically change the way we think about charging infrastructure and broaden the charging options available to drivers now and in the future.”

To view the full press release, visit https://ibn.fm/UHT8y

About Hillcrest Energy Technologies Ltd.

Hillcrest is a clean technology company developing high value, high performance power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power a more sustainable and electrified future. Hillcrest is publicly traded on the CSE under the symbol HEAT, on the OTCQB Venture Market as HLRTF and the Frankfurt Stock Exchange as 7HIA.F. For more information, please visit www.HillcrestEnergy.tech.

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