PENNY ROCKET PICKS

[Robertscott]

$HLRTF has now signed a memorandum of understanding (MOU) with a global Tier 1 automotive leader in mobility innovation.

According to the terms of the MOU, Hillcrest and the supplier will collaborate to integrate an optimized version of Hillcrest’s 250-kilowatt (kW), 800-Volt (V) inverter into a future powertrain system. The joint project is expected to run through 2023.

Throughout the process, Hillcrest and this new partner will test a series of configurations with the end goal of commercializing a nominal 350kW product that takes advantage of Hillcrest’s unique and highly efficient inverter. The adaptable nature of Hillcrest’s technology allows a high level of optimization and seamless integration with the supplier’s future product.

“Our partner is an early leader in electrification and has a shared understanding that efficiency is at the core of our electrified future,” said Hillcrest CEO Don Currie. “We are thrilled to collaborate on a project that could become the basis for many future products.”