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, has announced updates related to a number of the company’s new and ongoing projects that mark important milestones and progress towards the commercialization of its Coil Driver(TM) technology. Shareholders will receive these partner, technology and company updates, as well as answers to their questions submitted in advance, during Exro’s quarterly webcast hosted by CEO Sue Ozdemir. A recording of the webcast and the presentation file will be available on the company’s website. The announcement’s highlights included an update on the in-vehicle demonstration as part of Exro’s ongoing partnership with Potencia Industrial, S.A. DE C.V. “The latest testing of Exro Coil Driver integrated with our Y45 electric motor demonstrates the capabilities of our partnership and of Exro to deliver versatile solutions for light-duty industrial electric vehicles,” said Tomas Gottfried, technical director at Potencia Industrial. “As part of our ongoing partnership, we look forward to exploring additional applications of this cost-effective technology in medium- and heavy-duty commercial vehicles, as we at Potencia deliver on our mission to enable Latin America’s transition to electrification.”
To view the full press release, visit https://ibn.fm/dgsvm
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 its 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
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.
As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com
InvestorWire is part of the InvestorBrandNetwork.
