# 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.

- Type: Contract
- Announced: 2022-10-05
- Status: announced
- Products: Coil Driver inverter, hybrid diesel-electric powertrain
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Exro Technologies](https://endata.com/companies/53051.md)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/exro-signs-product-development-agreement-with-global-market-leader-for-off-highway-application-of-hybrid-electric-powertrain-301641435.html), 2022-10-05: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.