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, has announced the execution of several partner milestones and progress towards the commercialization of its Coil Driver technology. During Exro’s first quarterly webcast, CEO Sue Ozdemir shared partner, technology and company updates, as well as an opportunity to engage directly with Exro. Among the highlights, Ozdemir discussed completion of the Coil Driver installation with Potencia Industrial that marks the first vehicle integration for the technology and successful performance testing with Zero Motorcycles. In addition, Exro announced progress towards securing equipment necessary to bypass the long lead times currently faced by the electric vehicle industry, and that new facilities remain on track to be completed next year. A recording of the webcast and the presentation file will be available on the company’s website.
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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 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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