Exro Technologies (CSE: XRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for powertrains, today announced that its CEO, Sue Ozdemir, will sit as chair of newly formed National Electrical Manufacturers Association (“NEMA”) Automotive Component Council (“ACC”). According to the update, NEMA established the ACC to increase manufacturer collaboration in the changing and expanding automotive component market – one that traditionally has been a closed industry. “The automotive landscape is undergoing a transformation to one that is increasingly connected, electrified and eventually autonomous. Key aspects of this are the components, products and systems that constitute a vehicle whether its power driven via an internal combustion engine, electric power or a hybrid of power sources. Our members represent an integral part of the supply chain.” said NEMA president and CEO Kevin Cosgriff in the press release. “This council will advance industry interests in a changing market and explore how these changes can impact the manufacture of electrical products and systems.”
To view the full press release, visit http://ibn.fm/Jovjb
About Exro Technologies Inc.
Exro is a Clean Tech company that has developed a new class of control technology for electric powertrains. Exro’s advanced motor control technology, “Coil Driver,” expands the capabilities of electric motors and powertrains. The Coil Driver enables two separate torque profiles within a given motor. The first is calibrated for low speed and high torque, while the second provides expanded operation at high speed. The ability to change configuration allows efficiency optimization for each operating mode, resulting in overall reductions in energy consumption. The controller automatically and seamlessly selects the appropriate configuration in real time so that torque demand and efficiency are optimized.
The limitations of traditional electric machines and power technology are becoming more evident. In many increasingly prominent applications, traditional methods cannot meet the required performance. This means either oversizing the equipment, adding additional motors or implementing heavy mechanical geared solutions. Exro offers a new solution for system optimization through implementation of the technology which can yield the following results: increased drive cycle efficiency, reduced system volume, reduce weight, expanded torque and speed capabilities. Exro allows the application to achieve more with less energy consumed.
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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