NetworkNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) Enters Strategic Partnership with Early Leader in Electrification
Hillcrest (CSE: HEAT) (OTCQB: HLRTF), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation electrical systems, today announced its entry into a memorandum of understanding (“MOU”) with a global tier 1 automotive leader in mobility innovation. Under the terms of the MOU, Hillcrest and the supplier will collaborate to integrate an optimized version of Hillcrest’s 250-kilowatt (kW), 800-Volt (V) inverter into a future powertrain system. “Our partner is an early leader in electrification and has a shared understanding that efficiency is at the core of our electrified future,” said Hillcrest CEO Don Currie. “We…