- Hillcrest Energy began 2022 with proof-of-concept of its innovative traction inverter technology that overcomes shortfalls in today’s tech and improves EV motor efficiency
- The company ended the year with its first 800-volt 250-kilowatt commercial prototype that has attracted the attention of leading EV makers and Tier 1 automotive suppliers
- Hillcrest announced two co-development partners and is now working with them both to integrate the ZVS traction inverter into their specific commercial applications
As the new year arrives, it is a commonplace for companies and investors to reflect upon the last 12 months and hypothesize about where the next year will lead. In the EV space, 2022 will likely be remembered as the start of a steep adoption trajectory as more makes and models hit the roads. In that lane, the year was full of important milestones for Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a developer of high-performance power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems.
In the words of Hillcrest CEO Don Currie, “the company met or exceeded every milestone we set out to achieve.” Those are confident words from a company that is drawing industry attention for its ZVS inverter technology. Power inverter technology is an unsung hero in Evs that converts…
NOTE TO INVESTORS: The latest news and updates relating to HLRTF are available in the company’s newsroom at https://ibn.fm/HLRTF
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