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Hillcrest Energy Technologies Ltd.’s (CSE: HEAT) (OTCQB: HLRTF) Inverter Technology Enables Greater EV Efficiency Amid Growing EV Market

  • EV sales strong despite supply chain disruptions and energy shortages
  • Widespread EV adoption hinges on improved range and efficiency
  • HLRTF’s EV traction inverter has the potential to improves performance, reduce weight, increase payload, decrease heat production, boost range
  • HLRTF signed MOUs with Hercules Electric Mobility and global Tier 1 automotive supplier

Electric vehicle (“EV”) sales are rising despite supply chain disruptions and energy shortages. As consumer demand continues to increase, inverter technology developed by Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) is growing in importance by enabling improved performance and efficiency: two factors critical to widespread EV adoption.

Power inverter technology is essential to electric motor operation because it converts a battery’s DC power into the AC power used by the electric motor. While technological innovation continues to make strides, inverter size and power density continue to present mechanical and design challenges to…

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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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