Monday, December 21, 2020

QualityStocksNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Announces Validation of Intelligent Battery Technology for Second Life Applications

 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, today announced its completion of the technology validation on its Battery Control System (“BCS”) – formerly known as the intelligent battery management system. According to the update, the BCS can expand the capabilities of batteries by enabling a greater depth of control on the cells, with cells remaining in a battery at the end of first life able to be optimized to rejuvenate the same battery into a new second life. Because the same principles that govern coil groupings in electric motors can also apply to managing cells in a battery, Exro can establish a greater depth of control on battery cells. “This is a great example of the synergy we have with our advanced control technology in multiple markets,” said Sue Ozdemir, chief executive officer of Exro. “This technology validation is a great first step in our path to advancing battery control in energy storage applications.”

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

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 powertrains by enabling two separate torque profiles within a given motor. A major advancement in the sector, dynamic motor configuration enables efficiency optimization for each operating mode resulting in reduction of energy consumption. The controller automatically selects the appropriate configuration in real time so that power and efficiency are intelligently optimized. 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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