- Exro completed new performance and efficiency testing using a
100 Volt Coil Driver and Zero Motorcycles' electric motor
demonstrating the ability of Exro's 100 Volt Coil Driver to
significantly increase motor output in light electric
vehicles.
- Coil Driver delivered improvements to power and torque and
enhanced efficiency at high speed with actual results aligning to
simulated results.
- The latest results support Exro's increasingly strong
competitive position in the lightweight electric mobility market
and support growing brand recognition for Exro in the market
for affordable light electric vehicle solutions.
CALGARY,
AB, March 22, 2022 /CNW/ - Exro
Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or
"Exro"), a leading clean technology company that has developed a
new class of power electronics for electric motors and batteries,
announced today it has completed side-by-side testing, using Exro's
100 Volt Coil Driver and Zero Motorcycles' OE premium electric
powertrain. The results validate Coil Driver's performance in
electric motorcycles and demonstrate the ability of Exro's 100 Volt
Coil Driver to improve motor performance in light electric
vehicles.
![Exro Logo (CNW Group/Exro Technologies Inc.) Exro Logo (CNW Group/Exro Technologies Inc.)](https://mma.prnewswire.com/media/1770640/Exro_Technologies_Inc__Tests_Show_Exro_s_Coil_DriverTM_Technolog.jpg)
Exro collaborated with Zero to demonstrate to the electric
motorcycle industry that Coil Driver can improve power and torque
without compromising efficiencies. Over the course of 18 months,
Zero provided motor technology and integration support, and Exro
produced and delivered power electronics that were designed to meet
the bike's specific performance requirements. Today, Exro is
excited to share that its 100 Volt Coil Driver increased both power
and torque in Zero's SR/F motorcycle with a Z-Force75-10 motor,
when compared to Zero's current Z-Force system.
A dynamometer ("dyno") was used to determine torque and power
outcomes during testing. Comprehensive simulations were conducted
prior to testing using Ansys software, the first simulation-driven
design tool that combines multi-physics simulation capabilities, to
predict the performance of the Coil Driver system for the ZF75-10
motor. The results from testing confirm a less than 4% deviation
from the simulated results, demonstrating Exro's expertise in
taking comprehensive simulations to optimal products with a high
degree of accuracy. To ensure consistency, all testing was
conducted at 100 Volts and within the DC power limit. Results were
as follows:
System
|
Peak Power
(kW)
|
Peak Torque
(Nm)
|
Zero ZF75-10 Base
System
|
70.1
|
189
|
Simulated Results with
Exro Coil Driver
|
93.3
|
228
|
Dyno Tested Results
with Exro Coil Driver
|
90
|
227
|
This new set of test results from Zero's motorcycle with Exro's
Coil Driver achieved over 13% more speed, 15% more torque, and 33%
more power, compared to Zero's motorcycle as it was originally
equipped. Overall data from drive efficiency testing delivered on
expectations, demonstrating Coil Driver's ability to improve power
and torque without compromising efficiencies.
The results align with outcomes from similar tests conducted
with other motorsport partners, including Untitled Motorcycles, and
support growing brand recognition for Exro in the market for
affordable light electric vehicle solutions. Across the board,
results demonstrate that Coil Driver makes electric motorcycles
faster, more powerful, and last longer on a single charge, which
can satisfy recreational motorcyclists' desire for speed and
performance, and younger motorcyclists' need for affordable
transportation solutions.
"We collaborated with Exro to evaluate performance enhancements
for our electric motorcycles and showcase our commitment to focused
and continuous product innovation," said Ryan Biffard, technical lead for powertrain
development with Zero. "Exro delivered on its technology
commitment. We saw a significant increase in motor torque and power
with the Exro 100 Volt Coil Driver and are excited to continue our
evaluation with Exro."
"Our work with Zero is an excellent demonstration of Exro's
electric powertrain expertise and marks a major milestone on our
path towards becoming the leading power electronics provider for
the electric motorcycle market," said Sue
Ozdemir, CEO of Exro. "The results are further proof of
Exro's ability to improve performance and efficiency in low voltage
electric vehicle applications and reinforce great confidence in our
engineering and development teams' ability to deliver superior
technology to the electric mobility markets. We've delivered on our
technology commitments and are moving forward to the next phase of
collaboration for commercialization with Zero."
About Exro Technologies Inc.
Exro is a clean technology company pioneering intelligent
control solutions in power electronics to help solve the most
challenging problems in electrification. Exro has developed a new
class of control technology that expands the capabilities of
electric motors, generators, and batteries. Exro enables the
application to achieve more with less energy consumed.
Exro's advanced motor control technology, the Coil
DriverTM, expands the capabilities of electric
powertrains by enabling intelligent optimization for efficient
energy consumption. Exro is working with many partners from all
over the world to bring their technology to the electric mobility
industries and beyond.
For more information visit our website at www.exro.com.
Visit us on social media @exrotech.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING
STATEMENTS
This news release contains forward-looking statements and
forward-looking information (together, "forward-looking
statements") within the meaning of applicable securities laws. All
statements, other than statements of historical facts, are
forward-looking statements. Generally, forward-looking statements
can be identified by the use of terminology such as "plans",
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variations of such words, or statements that certain actions,
events or results "may", "could", "would", "might", "will be
taken", "occur" or "be achieved". Forward looking statements
involve risks, uncertainties and other factors disclosed under the
heading "Risk Factors" and elsewhere in the Company's filings with
Canadian securities regulators, that could cause actual results,
performance, prospects and opportunities to differ materially from
those expressed or implied by such forward-looking statements.
Although the Company believes that the assumptions and factors used
in preparing these forward-looking statements are reasonable based
upon the information currently available to management as of the
date hereof, actual results and developments may differ materially
from those contemplated by these statements. Readers are therefore
cautioned not to place undue reliance on these statements, which
only apply as of the date of this news release, and no assurance
can be given that such events will occur in the disclosed times
frames or at all. Except where required by applicable law, the
Company disclaims any intention or obligation to update or revise
any forward-looking statement, whether as a result of new
information, future events or otherwise.
This information is qualified in its entirety by cautionary
statements and risk factor disclosure contained in filings made by
the Company with the Canadian securities regulators, including the
Company's annual information form for the financial year ended
December 31, 2020, and financial
statements and related MD&A for the financial year ended
December 31, 2020, filed with the
securities regulatory authorities in certain provinces of
Canada and available at
www.sedar.com. Should one or more of these risks or uncertainties
materialize, or should assumptions underlying the forward-looking
information prove incorrect, actual results may vary materially
from those described herein as intended, planned, anticipated,
believed, estimated or expected. Although the Company has attempted
to identify important risks, uncertainties and factors which could
cause actual results to differ materially, there may be others that
cause results not to be as anticipated, estimated or intended. The
Company does not intend, and does not assume any obligation, to
update this forward-looking information except as otherwise
required by applicable law.
Neither the Toronto Stock Exchange nor the Investment Industry
Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this press
release.
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SOURCE Exro Technologies Inc.