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NetworkNewsBreaks – Exro Technologies Inc. (TSX.

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Post# of 48
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Posted On: 02/03/2021 2:47:17 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Provides Update on Coil Driver Collaboration with Potencia

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 released an update on its Coil Driver for electric cars with Potencia Industrial, S.A. DE C.V. The update noted that testing is complete on the integration of the Potencia electric motor with Exro’s 100 volt Coil Driver, and the Coil Driver will be shipped to Potencia this week. Exro had been targeting a late 2020 shipping date. Exro’s team will now work with the Potencia to conduct rigorous testing to ensure operational validation in an electric car application; Potencia is expected to provide performance validation results by Q3 2021. “Despite the slight delay, we are delighted to get the Coil Driver over to Potencia now and can’t wait to see the results from their performance tests,” Exro CEO Sue Ozdemir in the press release. “I am proud of all the extra efforts from our engineering team to get this completed. Our collaboration with Potencia remains strong, and we will continue to make this project deliverable a priority in the months ahead.”

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