Exro signs product development agreement for hybrid electric powertrain

Exro Technologies signed a product development agreement with a global market leader (under NDA) for an off-highway hybrid diesel-electric application using Exro's Coil Driver inverter. The agreement includes a purchase order for sample units by Q1 2023, with potential series production of 8,000-10,000+ units annually.

“The agreement includes development of a new product offering utilizing Exro's next-generation Coil Driver TM automotive inverter technology for a hybrid diesel-electric application.”prnewswire.com

• 1 source
• prnewswire.comExro Signs Product Development Agreement with Global Market Leader for Off-Highway Application of Hybrid Electric PowertrainExro Technologies Inc.Oct 5, 2022

Summarized from public sources; check the original articles before acting on it.