Heinzmann Gmbh and Exro Technologies to Collaborate in Developing Advanced Coil Drive Technology for the Electric Micro Mobility and Lev Market
A further advancement in the commercialization of Exro’s Coil Drive technology
Collaboration project integrating Exro technology into micro-mobility applications with Heinzmann GMBH, a global manufacturer of electric drives up to 30 kW
Micro-mobility is projected to be a key factor in electric mobility adoption globally with an overall market size of USD $19B
Exro’s Coil Driver will help to expand the performance range of Heinzmann’s mobility applications by making them faster, stronger, and smarter
Calgary, AB (September 24, 2020) – Exro Technologies Inc. (TSXV:EXRO; OTCQB: EXROF) (the “Company”), a leading technology company which has developed a new class of power electronics for electric motors and powertrains, is pleased to announce it has initiated a collaboration with Heinzmann GMBH & Co. KG (“Heinzmann”) to integrate Exro’s patented coil drive technology into micro mobility applications.
Since 1985, Heinzmann has proven itself as a renowned manufacturer of electric drives up to 30 kW. A complete drivetrain system supplier, they provide integrated systems for micro and light mobility applications. A global player in the market, customers around the world trust Heinzmann’s quality powertrain equipment for their applications.
“We are excited to work with Heinzmann,” said EXRO CCO Josh Sobil. “They are a leader in the growing micro mobility and LEV sectors. This is our first partnership with a micro mobility drivetrain producer, and we’re excited to help them grow and further diversify their offering.”
Exro and Heinzmann will collaborate to integrate Coil Drive technology with Heinzmann’s advanced motor designs for mobility applications. The agreement will involve motor technology and integration support from Heinzmann, while Exro will provide testing, power electronics design, and supply. Exro's Coil Driver will improve the speed range and torque output capabilities of Heinzmann's traction applications. This provides new possibilities for optimizing powertrains to improve performance in gradeability, power density and top speed.
“We look forward to realizing the benefits of Coil Drive technology for our machines,” said Peter Mérimèche, Managing Director for Heinzmann. “This is a unique technical advancement in the power electronics market.”
Micro mobility is projected to be a transformational factor in the adoption of electric mobility in cities globally. With an overall market size of USD $19B and CAGR of 8.23% to 2025, the two companies are positioning themselves at critical time in this market.
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, our “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 its technology which can yield the following results: increased drive cycle efficiency, reduced system volume, reduced weight, expanded torque and speed capabilities. Exro allows the application to achieve more with less energy consumed.
For more information visit our website at www.exro.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Sue Ozdemir, Chief Executive Officer
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