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NetworkNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Announces Update on Potencia Collaboration

Company: Exro Technologies Inc. (EXROF)
Category: News

Exro Technologies (CSE: XRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for powertrains, today provided an update on its partnership with Potencia Industrial, S.A. DE C.V. (“Potencia”). Exro and Potencia are collaborating to accelerate the transition to commercial electric vehicles with innovative new powertrain technologies. Exro, in a multistate integration program, has delivered the first stage of the project to provide the Motor Driver to be tested and validated in Potencia’s world-class facility in Mexico City. The Exro-Customized Driver will be used as the inverter for the Pronto Power Flexible Powertrain. Once validated, Exro will then supply a Coil Switching Driver that will enable maximum efficiency and powertrain performance for the application. “This is a major milestone for Exro and we are excited to continue working with the team at Potencia to validate our technology. Despite some delays, we are pleased to have delivered the Driver and to continue our development efforts,” Exro CEO Sue Ozdemir said in the news release. “Exro is just beginning to take our place in the power electronics market and is setting a new standard for inverter performance. Working together, our joint technologies will transform the transition to electric vehicles.”

To view the full press release, visit http://nnw.fm/0yokm

About Exro Technologies Inc.

Exro is a Clean Tech company that has developed a new class of control technology for electric powertrains. Exro’s advanced motor control technology, “Coil Driver,” expands the capabilities of electric motors and powertrains. The Coil Driver enables two separate torque profiles within a given motor. The first is calibrated for low speed and high torque, while the second provides expanded operation at high speed. The ability to change configuration allows efficiency optimization for each operating mode, resulting in overall reductions in energy consumption. The controller automatically and seamlessly selects the appropriate configuration in real time so that torque demand and efficiency are optimized.

The limitations of traditional electric machines and power technology are becoming more evident. In many increasingly prominent applications, traditional methods cannot meet the required performance. This means either oversizing the equipment, adding additional motors or implementing heavy mechanical geared solutions. Exro offers a new solution for system optimization through implementation of the technology which can yield the following results: increased drive cycle efficiency, reduced system volume, reduce weight, expanded torque and speed capabilities. Exro allows the application to achieve more with less energy consumed.

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://nnw.fm/EXROF

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