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Electrification is playing a prominent role in the global transition from fossil fuels to sustainable energy sources. As energy costs rise amid increased demand, Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) holds a vital key that unlocks performance and efficiency improvements throughout the entire electrification ecosystem.
Hillcrest’s first application for its inverter technology is focused on the growing EV market. Hillcrest’s SiC high-efficiency traction inverter technology converts the DC output from the batteries into AC input used by the motor. The expected benefits of Hillcrest’s traction inverter have been confirmed via testing and…
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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