InvestorNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA.F) Reports Growing Demand for ZVS Inverter

June 24, 2024 10:22:13

Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI), an innovative clean-technology company specializing in power-conversion technologies, is seeing increased interest in its ZVS inverter and has announced that demonstration slots for new customers are being scheduled into next year. Hillcrest inverters, which feature the company’s proprietary Zero Voltage Technology (“ZVS”) platform, provide superior electromagnetic compatibility and deliver an industry-leading efficiency of up to 99.7%, which translates into a cost savings of up to $2,200 per vehicle in electric-vehicle (“EV”) traction applications. In addition, the ZVS inverter provides exceptional efficiency and enhances power quality in stationary, grid-connected applications. “The demand from potential customers in both electric vehicle (‘EV’) and stationary applications is accelerating as we continue to adapt to customer feedback, improve our technology and generate even more impressive test results,” said Hillcrest Energy Technologies CEO Don Currie in the press release. “Between the burgeoning pipeline of demonstration requests and our product-development efforts with partners like Ocean Batteries AS and several European automotive manufacturers, we are approaching full capacity this year. New customer demonstrations not already in our pipeline are being scheduled into early 2025, a very positive indicator of the expanding interest in our technology.”

To view the full press release, visit https://ibn.fm/6DNeY

About Hillcrest Energy Technologies Ltd.

Hillcrest Energy Technologies is a clean-technology company focused on providing advanced power-conversion technologies and digital-control systems for next-generation powertrains and grid-connected renewable energy systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power a more sustainable and electrified future. For more information about the company, please visit www.HillcrestEnergy.tech.

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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