Exro Advances Medium-Duty Battery Electric Powertrain Integration with Coil Driver™ Project

Exro Technologies Inc., a leading clean-technology company specializing in electric vehicle propulsion systems, has made significant progress in integrating its innovative Coil Driver™ inverter technology with its proprietary EV propulsion system. This integration powers the SEA 5e, a Class 5 Battery Electric Truck built upon Hino’s Class 5 Rolling Cab Chassis. This pilot project is a pivotal step towards commercialization, paving the way for a cost-effective powertrain that aims to significantly reduce the cost of commercial electric vehicles, bringing them closer to the cost of combustion engines.

Exro’s 120a propulsion system, expertly controlled by the Coil Driver inverter, boosts system efficiency and reduces overall costs. This optimization of powertrains, achieved through right-sized and differentiated technology, results in unparalleled efficiency during real-world driving conditions. The integration also offers flexible packaging options, allowing for multiple truck bed configurations. This includes a transition from the existing 173″ platform currently in production to a highly demanded 150″ wheelbase, which is under development for release to customers by Q1 2025.

“We are excited about the innovative and cost-effective solutions that Exro continues to bring to the COE 5 (cab over electric class 5) market,” says KC Wong, Business and Product Development Director at Hino Trucks, a Toyota Group Company. This project aligns with the transportation sector’s ambitious emission reduction targets and the regulatory landscape shaped by the Advanced Clean Truck (“ACT”) and Advanced Clean Fleet (“ACF”) standards. These regulations, adopted in California and several other states, require a gradual increase in zero-emission vehicles (“ZEVs”) within commercial fleets starting in 2024.

By incorporating Coil Driver inverter technology, Exro actively contributes to the broader adoption of ZEVs. This collaboration ensures compliance with the ACT and ACF regulations, effectively promoting emission reduction within the commercial transportation sector. The enhanced efficiency and cost-effectiveness of the Coil Driver-enabled propulsion system make electric trucks a compelling option for fleet operators, accelerating the transition towards cleaner transportation solutions.

“Integrating Coil Driver™ inverter technology into the 120a has been a goal for Exro since merging with SEA Electric in April. This combination represents another step towards enabling the transition to cost-effective electrification platforms,” stated Exro CEO Sue Ozdemir. “This enhances the market impact of our technology, contributing significantly to the regulatory goals of reducing emissions and increasing the adoption of zero-emission vehicles in the commercial sector. Our technology supports regulatory compliance, while simultaneously driving cost reductions and efficiency improvements.”

Shareholders can anticipate continued advancements and increased market presence as Exro further expands its integration projects and partnerships. The successful integration of Coil Driver™ technology into the medium-duty propulsion platform signifies strides towards leading the medium-duty commercial vehicle market with efficient, cost-effective electric propulsion systems, highlighting Exro’s unwavering dedication to sustainable transportation solutions.

ABOUT EXRO TECHNOLOGIES INC.

Exro Technologies Inc., now expanded through the strategic acquisition of SEA Electric, is a leading clean technology company that has developed new generation power control electronics. Its innovative suite of solutions, including Coil Driver™, Cell Driver™, and SEA-Drive®, enhance the capabilities of electric motors and batteries, offering OEMs a comprehensive e-propulsion solution unmatched in performance and efficiency. Exro is reshaping global energy consumption, accelerating the adoption of a circular electrified economy by delivering more with less – minimum energy for maximum results. For more information, visit their website at www.exro.com.

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