EXROF - InvestorNewsBreaks - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Announces Milestones Updates Ahead of Quarterly Webcast
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.”
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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 its technology to the electric mobility industries and beyond. For more information, visit the company’s website at www.Exro.com.
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