Exro Technologies (TSX: EXRO) (OTCQB: EXROF) is a leading clean technology company that has developed a new class of power electronics for electric motors and batteries. The company today announced that it has initiated the process to obtain Underwriter Laboratories (“UL”) certification for its Energy Storage System (“ESS”), powered by its patented Battery Control System(TM) (“BCS”) technology. “Our patented cellular-level battery control offers a reliable solution to power a system that is not only cost-effective, but also helps to prevent thermal runaway making it a safe, dependable option for commercial and industrial applications,” said Exro CEO Sue Ozdemir. “Energy storage in the U.S. has become a booming billion-dollar annual market, but there are not enough available batteries to meet demand due to raw materials shortages and competition with the EV market. We are maximizing battery lifespans and helping to advance battery recycling with our ESS to provide low-cost energy storage solutions that support the grid of the future.”
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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(TM), expands the capabilities of electric powertrains by enabling intelligent optimization for efficient energy consumption. Exro is working with many partners from all over the world to bring its technology to the electric mobility industries and beyond. 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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