Calgary, Alberta (December 1, 2021) – Exro Technologies Inc. (TSX:EXRO, OTCQB: EXROF) (the “Company” or “Exro”), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today an update on the Coil Driver™ voltage for its partnership with LAND Electric Motorcycles (“LAND E-Moto” or “LAND”). LAND selected a higher voltage Coil Driver system for its new District motorcycle design to create a more powerful powertrain for the lightweight electric motorcycles market.
Exro and LAND have agreed to optimize the powertrain for the LAND District motorcycle with Exro’s 48 V Coil Driver. During the validation process LAND advanced the design to accommodate a higher voltage system, which would enable battery swapping for an optimized motorcycle, which in turn, requires a higher voltage Coil Driver. The new Coil Driver offering adds versatility to Exro’s low voltage product offering and enables stronger support for the light electric mobility market.
Exro and LAND remain committed to a long-term partnership and are now moving forward with a 72 V Coil Driver, which requires extending the timelines. The continued development will have both teams working towards the new 72V drive and are targeting completion by end of Q3 2022. Preliminary results off the test bench are promising with the new drive size. The teams are currently determining the best motor and drive combination for this size application to create an optimized powertrain.
“Our long-term partnership with Exro has evolved into a larger goal” said Scott Colosimo, Chief Executive Officer of LAND. “LAND will stay focused on the successful commercialization of the District motorcycle with Exro technology inside our next generation release.”
“Our partnership with LAND continues to present an exciting opportunity for the commercialization of our Coil Driver technology,” said Sue Ozdemir, Chief Executive Officer of Exro. “Although changing to a higher voltage system has required deadline extensions, the opportunity for us to move forward with a 72 V Coil Drive System means that we can deliver an even more robust powertrain system solution to the lightweight electric motorcycles market together. I am proud of the extra efforts made by the Exro engineering team to adapt mid-project to meet our partner’s needs.”
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 allover the world to bring their technology to the electric mobility industries and beyond.
For more information visit our website at www.exro.com.
Visit us on social media @exrotech.
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