NetworkNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Announces Update on Potencia Collaboration

Aug 5, 2020

Exro Technologies (CSE: XRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for powertrains, today provided an update on its partnership with Potencia Industrial, S.A. DE C.V. (“Potencia”). Exro and Potencia are collaborating to accelerate the transition to commercial electric vehicles with innovative new powertrain technologies. Exro, in a multistate integration program, has delivered the first stage of the project to provide the Motor Driver to be tested and validated in Potencia’s world-class facility in Mexico City. The Exro-Customized Driver will be used as the inverter for the Pronto Power Flexible Powertrain. Once validated, Exro will then supply a Coil Switching Driver that will enable maximum efficiency and powertrain performance for the application. “This is a major milestone for Exro and we are excited to continue working with the team at Potencia to validate our technology. Despite some delays, we are pleased to have delivered the Driver and to continue our development efforts,” Exro CEO Sue Ozdemir said in the news release. “Exro is just beginning to take our place in the power electronics market and is setting a new standard for inverter performance. Working together, our joint technologies will transform the transition to electric vehicles.”

To view the full press release, visit http://nnw.fm/0yokm

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://nnw.fm/EXROF

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]

NetworkNewsWire is part of the InvestorBrandNetwork

More News

article.head.headline
Oct 27, 2026
13 New Blu-Rays and 4Ks Worth Trick-or-Treating for

Vampires, backrooms and “The Pope’s Exorcist” The post 13 New Blu-Rays and 4Ks Worth Trick-or-Treating for appeared first on TheWrap.

article.head.headline
Oct 27, 2026
Politico Plans Live Video Coverage of Midterm Elections

Politico isn’t leaving live video coverage of the midterm elections to the usual suspects. The political-news outlet will steam “Politico Elections Live” on Tuesday, November 3, beginning at 9 p.m., with five of its top journalists analyzing real-time results. The program will stream on Politico.com and the Politico app and also via YouTube. The panel […]

article.head.headline
Oct 27, 2026
Jennifer Lawrence’s Mes° Haircare Line: Products, Prices & Where to Buy

Jennifer Lawrence launched her new mes° haircare line on Tuesday (October 27), with three products! Fans of the Academy Award-winning […] The post Jennifer Lawrence’s Mes° Haircare Line: Products, Prices & Where to Buy appeared first on Just Jared - Celebrity News, Entertainment News & Photos.

article.head.headline
Oct 27, 2026
Billy Evans Felt ‘Violated’ by Shower Scene in ‘You Can See Everything,’ Source Says Amid Director Claiming Billy ‘Didn’t Care’

You really can see everything of Billy Evans in the new documentary You Can See Everything as he appears full […] The post Billy Evans Felt ‘Violated’ by Shower Scene in ‘You Can See Everything,’ Source Says Amid Director Claiming Billy ‘Didn’t Care’ appeared first on Just Jared - Celebrity News, Entertainment News & Photos.

article.head.headline
Oct 27, 2026
Ancestral Memory Meets AI in Himalayan Drama ‘Shirjara: Song of Grandmother’ at Tokyo Gap-Financing Market

A Himalayan drama that sets a grandmother’s stories against the rise of artificial intelligence is aiming for a Cannes premiere next year. Director Bikash Subedi’s Nepali feature “Shirjara: Song of Grandmother” has wrapped principal photography and is at the Tokyo Gap-Financing Market to raise its last $44,000. Described as a speculative drama, the film moves […]

article.head.headline
Oct 27, 2026
Robert Downey Jr’s Son Indio Downey Books First Lead Movie Role with Personal Connection to Character

Indio Downey is set to star in a new movie! The 33-year-old musician and eldest son of Robert Downey Jr […] The post Robert Downey Jr’s Son Indio Downey Books First Lead Movie Role with Personal Connection to Character appeared first on Just Jared - Celebrity News, Entertainment News & Photos.

article.head.headline
Oct 27, 2026
Punk Band Guitar Wolf Rocks Back Into Takeuchi Tetsuro’s ‘Wild Zero Overdrive’ at Tokyo Gap-Financing Market

Guitar Wolf, a real-life punk outfit with a long record of touring internationally, headlines “Wild Zero Overdrive,” director Takeuchi Tetsuro’s follow-up to his 1999 film “Wild Zero.” The project is among those at this year’s Tokyo Gap-Financing Market. Takeuchi said he is using the original as a template and updating it for the present day. […]

article.head.headline
Oct 27, 2026
Young Storytellers Creates The Jamie Tarses Fund To Support Writing Programs In L.A. Public Schools

Young Storytellers, the Los Angeles nonprofit that brings mentorship and storytelling programs to public school students, has announced the creation of The Jamie Tarses Fund. It is named in memory of the television executive and producer, who was a founding member of the organization’s board and died in 2021. The fund will support Young Storytellers’ […]

article.head.headline
Oct 27, 2026
“Not A Single Chuckle From Me”: These 24 Classic Sitcoms And Comedy Films Did Absolutely Nothing For These People Except Waste Their Time

You’re telling me there are people in the universe who don’t like Parks & Recreation?!?! View Entire Post ›

article.head.headline
Oct 27, 2026
Joy Behar Returned To ‘The View’ After Nearly A Month-Long Absence To The Tune Of Elton John’s “The B***h Is Back”

Joy Behar returned to The View on Tuesday after a month-long absence following an accident that dislocated her shoulder. The ABC daytime talk show co-host was greeted by an effusive live audience cheering her comeback as Elton John’s “The B**h Is Back” played in the background. “You should’ve played ‘God Save the Queen ‘; that would’ve been […]

article.head.headline
Oct 27, 2026
Demi Lovato Briefly Hospitalized Over Allergic Reaction

Demi Lovato is on the mend after a recent health scare. The "Body Say" singer was briefly hospitalized over an allergic reaction to a mysterious food, with Lovato sharing a photo with what...

article.head.headline
Oct 27, 2026
Acrobatic Pastor’s Secret Obsession Drives Boo Junfeng’s ‘Trinity’ at Tokyo Gap-Financing Market

A celebrity preacher who performs daredevil stunts for his congregation while hiding his fixation on a young follower sits at the center of “Trinity,” the new feature from director Boo Junfeng, which is among the projects at this year’s Tokyo Gap-Financing Market. Structured in three chapters modeled on the Father, Son and Holy Spirit, the […]


YOUR NEWS, OUR NETWORK.

Do you have Great News you want to tell the world?

Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.

Buzz Online Daily

Spreading good vibes to our readers no matter where you are.

NEWSLETTER