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NetworkNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Achieves Major Milestone Toward Commercialization of Coil Driver

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

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, today announced validation of the motor and inverter system solution for light mobility with global electric drives manufacturer Heinzmann GmbH & Co. KG. According to the update, Exro validated integration of its 100 Volt Coil Driver for light electric vehicles alongside Heinzmann’s PMS 120 motors (the “machine”). Testing demonstrated successful dynamic coil switching under load and expected operation at peak currents. The test results showed significant improvement to the machine’s speed range while delivering an expanded torque map and maintaining high efficiency operation. “This validation is a major milestone toward commercialization of our Coil Driver technology across all segments,” said Josh Sobil, chief commercial officer of Exro. “The combined system solution not only demonstrates how our technology enables greater control of an electric motor, but also breaks significant barriers for us to generate revenue from delivering our Coil Driver to all mobility segments.”

To view the full press release, visit https://nnw.fm/9mQbE

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, expands the capabilities of powertrains by enabling two separate torque profiles within a given motor. A major advancement in the sector, dynamic motor configuration enables efficiency optimization for each operating mode resulting in reduction of energy consumption. The controller automatically selects the appropriate configuration in real time so that power and efficiency are intelligently optimized. 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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