GreenEnergyBreaks – Exro Technologies Inc.’s (TSX: EXRO) (OTCQB: EXROF) Cell Driver(TM) ESS Completes 1st Major Phase Toward UL Product Certification

Company: Exro Technologies Inc. (EXROF)
Category: News

Exro Technologies (TSX: EXRO) (OTCQB: EXROF) is a leading clean technology company that has developed new generation power control electronics that expand the capabilities of electric motors and batteries. The company today announced that its Cell Driver(TM) Energy Storage System (“ESS”) has successfully completed large-scale module fire testing and the first major phase towards product certification from Underwriters Laboratories (“UL”). “We are absolutely thrilled with the performance of our energy storage system during this important first phase of UL testing, which is widely regarded as the most demanding of the certification requirements,” said Chief Executive Officer Sue Ozdemir. “As the world pushes forward with the electrification transition, Exro’s Cell Driver technology is proving to be a superior and cost-effective product offering that addresses major industry challenges in energy storage from safety, complexity of design, reliability and having a positive impact on the circular economy given a focus on repurposing used EV batteries for a second life in stationary storage. With Global Energy Storage Market Reports forecasting energy storage to be an approximately $100 billion market by 2030, we are looking forward to providing additional visibility into our progress towards commercialization over the coming months, as we work to capture market share in the under-serviced commercial and industrial sectors.”

To view the full press release, visit https://ibn.fm/ibIwK

About Exro Technologies Inc.

Exro is a leading clean technology company that has developed new generation power control electronics that change how the world optimizes energy by expanding the capabilities of electric motors and batteries. The company’s innovative technologies serve to bridge the performance-cost gap in e-mobility and stationary energy storage, and act to accelerate adoption towards a circular electrified economy by delivering more with less – minimum energy for maximum results. 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

About Green Energy Stocks

Green Energy Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the InvestorBrandNetwork (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

To receive SMS text alerts from Green Energy Stocks, text “Green” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.greennrgstocks.com

Please see full terms of use and disclaimers on the Green Energy Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.greennrgstocks.com/Disclaimer

Green Energy Stocks
Los Angeles, CA
greennrgstocks.com
415.949.5050 Office
[email protected]

Green Energy Stocks is part of the InvestorBrandNetwork.

Contact us: (310) 299-1717