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Exro Technologies Inc T.EXRO

Alternate Symbol(s):  T.EXRO.WT | T.EXRO.WT.A | EXROF

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.


TSX:EXRO - Post by User

Post by Danno13on May 22, 2024 9:21am
147 Views
Post# 36051634

Exro's partner (Vicinity)

Exro's partner (Vicinity)
Corporate logo
 
Vicinity Motor Corp. Fully Complies with US Federal Motor Vehicle Safety Standards Testing for VMC 1200 Class 3 Electric Truck

EPA Vehicle Certification and Compliance Testing and Expected Upcoming CARB Approval Paves Way for Sale Across the United States

VANCOUVER, BC / ACCESSWIRE / May 22, 2024 / Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC) ("Vicinity" or the "Company"), a North American supplier of commercial electric vehicles, announced today the VMC 1200 all-electric truck has completed and met all applicable United States Federal Motor Vehicle Safety Standards (FMVSS) testing required for United States National Highway Traffic Safety Administration (NHTSA) self-certification, which permits sales in the US.

In the United States, the NHTSA issues and enforces FMVSS for vehicles that are manufactured domestically or imported. FMVSS identifies mandatory safety performance requirements for vehicles and motor vehicle equipment. The Vehicle Safety Act requires that vehicles be certified to comply and requires the manufacturer to certify the vehicle as compliant .

In addition, the Class 3 VMC 1200 has also completed U.S. Environmental Protection Agency (EPA) Vehicle Certification and Compliance Testing to confirm compliance with the EPA's emissions standards to verify the accuracy of fuel economy test results. The all electric VMC 1200 was documented by the EPA with 57 MPGe in urban duty cycle testing.

Vicinity also expects to receive certification from the California Air Resources Board (CARB) as a zero-emission vehicle in the state of California, The certification is awarded to vehicle manufacturers who meet specific emissions standards in compliance with CARB regulations. Once CARB certification is secured, Vicinity will initiate measures to participate in California's HVIP incentive program which provides incentives reducing the purchase cost of commercial electric vehicles.

"Meeting FMVSS compliance provides further assurance that the VMC 1200 meets all relevant safety requirements in the United States, paving the way for the vehicle to be legally sold in this critical market," said Brent Phillips, President of Vicinity Motor Corp. "While much of what is happening in the commercial EV space is developmental or pre-production, Vicinity is leading the way with OEM production solutions that can make an environmental and economic impact today.

"Obtaining CARB compliance in California will allow the VMC 1200 to be sold in every state throughout the United States. CARB certification will also clear the way for the VMC 1200 to be considered for the California Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP). Vehicles permitted into the HVIP program are eligible for monetary vouchers to reduce the total cost for the purchaser. We look forward to upcoming announcements as we work closely with our partners to validate the VMC 1200 for U.S. sales," concluded Phillips.

About Vicinity Motor Corp.

Vicinity Motor Corp. (NASDAQ:VEV) (TSXV:VMC) ("VMC") is a North American supplier of electric vehicles for both public and commercial enterprise use. The Company leverages a dealer network and close relationships with world-class manufacturing partners to supply its flagship electric, CNG and clean-diesel Vicinity buses, as well as the VMC 1200 electric truck to the transit and industrial markets. For more information, please visit www.vicinitymotorcorp.com.


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