Financial News
InvestorNewsBreaks – Exro Technologies Inc.’s (TSX: EXRO) (OTCQB: EXROF) Coil Driver(TM) Shown to Improve Electric Motorcycle Performance, Enhance Efficiencies
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, today announced completion of side-by-side testing using Exro’s 100 Volt Coil Driver and Zero Motorcycles’ OE premium electric powertrain. According to the update, the results validate Coil Driver’s performance in electric motorcycles and demonstrate the ability of Exro’s 100 Volt Coil Driver to improve motor performance in light electric vehicles. “Our work with Zero is an excellent demonstration of Exro’s electric powertrain expertise and marks a major milestone on our path towards becoming the leading power electronics provider for the electric motorcycle market,” said Sue Ozdemir, CEO of Exro. “The results are further proof of Exro’s ability to improve performance and efficiency in low voltage electric vehicle applications and reinforce great confidence in our engineering and development teams’ ability to deliver superior technology to the electric mobility markets. We’ve delivered on our technology commitments and are moving forward to the next phase of collaboration for commercialization with Zero.”
To view the full press release, visit https://ibn.fm/KwQ7t
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.
NOTE TO INVESTORS: The latest news and updates relating to EXROF are available in the company’s newsroom at http://ibn.fm/EXROF
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