| Calgary, Alberta (March 25, 2021) – Exro Technologies Inc. (TSXV: EXRO, OTCQB: EXROF) (the “Company” or “Exro”), a leading clean technology company which has developed a new class of power electronics for electric motors and batteries, is pleased to announce validation of the motor and inverter system solution for light mobility with global electric drives manufacturer Heinzmann GmbH & Co. KG (“Heinzmann”).
Figure 1. Exro Coil Driver integrated with the Heinzmann PMS 120 motor on the test bench.
Exro validated integration of its 100 Volt Coil Driver for light electric vehicles alongside Heinzmann’s PMS 120 motors (the “machine” or “machines”), and testing has proven that dynamic coil switching under load is successful and operating as expected at peak currents. The test results showed significant improvement to the speed range of the machine while delivering an expanded torque map and maintaining high efficiency operation. By introducing multiple dynamic coil configurations, the Coil Driver was able to optimize motor torque and speed capabilities and effectively function at the mechanical limitations of the machine.
“We are thrilled to see the successful integration of our motors with the Coil Driver technology,” said Peter Mrimche, Managing Director for Heinzmann. “This will deliver a unique system solution for light mobility applications and we are looking forward to bringing this to market alongside Exro.”
Established in Germany in 1897, Heinzmann is a proven innovator of complete electric drive solutions with a wide range of applications around the world. Today, customers trust Heinzmann for the quality and expertise behind their sophisticated powertrain equipment.
“This validation is a major milestone toward commercialization of our Coil Driver technology across all segments,” said Josh Sobil, Chief Commercial Officer of Exro. “The combined system solution not only demonstrates how our technology enables greater control of an electric motor, but also breaks significant barriers for us to generate revenue from delivering our Coil Driver to all mobility segments.”
The Company is now moving forward to refinement of a standard solution to start commercializing alongside Heinzmann by fourth quarter 2021. The optimized motor and Coil Driver integration will bring a new solution with enhanced performance to light electric vehicles including electric scooters, electric motorbikes, municipal vehicles, and more.
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 our website at www.exro.com.
  
ON BEHALF OF THE BOARD OF DIRECTORS |