- Hillcrest Energy recently provided investors with an update on the company’s commercial endeavors
- Hillcrest successfully completed dynamic load bench demonstrations of its SiC traction inverter with two potential e-mobility customers
- The news comes alongside the company’s growing customer traction, with Hillcrest announcing that it is simultaneously progressing through demonstration and co-development programs with 6 potential e-mobility customers
- On the product front, Hillcrest revealed it is nearing the proof-of-concept stage for its upcoming grid-connect inverter, with the technology expected to be unveiled prior to year end
Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF), a clean technology company focused on developing transformative power conversion technologies, recently provided investors with an ongoing update as to the development of their innovative 800-volt, 250-kilowatt Zero Voltage Switching (“ZVS”) traction inverter commercial prototype.
Electric vehicle sales are rapidly gaining shares across the globe, with the expected count of electric vehicles within the global auto pool expected to nearly quadruple in the coming year to 77 million vehicles. At their heart, each of those 77 million electric vehicles will contain multiple…
NOTE TO INVESTORS: The latest news and updates relating to HLRTF are available in the company’s newsroom at https://ibn.fm/HLRTF
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