Financial News

InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Innovating Solutions That Bridge Performance-Cost Gap to Electrification

Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean technology company that has developed new generation power control electronics that expand the capabilities of electric motors and batteries, today announced its entry into a new product development agreement with a major global equipment supplier. The agreement includes development and delivery of an engineered-to-order system incorporating Exro’s proprietary Coil-Driver(TM) inverter for a new hybrid diesel-electric product for off-highway application. “This new product development is a perfect example of how Exro is innovating solutions with customers that bridge the performance-cost gap to electrification,” said Exro CEO Sue Ozdemir. “Our partner is a global leader in its space and looking to evolve its currently fully diesel line-up into the future. A successful development that demonstrates our already proven capabilities in other applications opens a huge door with this yet-to-be-named partner, as well as many other industries with a similar challenge to solve.”

To view the full press release, visit https://ibn.fm/brNWO

About Exro Technologies Inc.

Exro is a leading clean technology company that has developed new generation power control electronics that change how the world optimizes energy by expanding the capabilities of electric motors and batteries. The company’s innovative technologies serve to bridge the performance-cost gap in e-mobility and stationary energy storage, and act to accelerate adoption towards a circular electrified economy by delivering more with less – minimum energy for maximum results. 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.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Use the myMotherLode.com Keyword Search to go straight to a specific page

Popular Pages

  • Local News
  • US News
  • Weather
  • State News
  • Events
  • Traffic
  • Sports
  • Dining Guide
  • Real Estate
  • Classifieds
  • Financial News
  • Fire Info
Feedback