- For some EV owners, charging may cost more than filling up, highlighting the need for enhancing EV efficiency – a metric that relies heavily on the productivity of their complex powertrain system
- Performance of powertrain components directly affects cost, driving range, charge time, and overall driving experience; as a result, inverter technology could determine the speed and success of EV adoption
- Hillcrest’s proprietary ZVS inverter technology is designed to bring benefits for both OEMs in terms of potential for significant savings in the construction of the vehicles, and for the end user
EV manufacturers may need to step up their game as, in today’s economic environment with rising electricity prices, drivers will want to ensure more confidence if they are to choose between an electric car and its conventional counterpart. With a higher purchase price relative to their combustion-engine equivalent, the recent jump in electricity rates could tip the scale for some drivers. That is where innovative solutions like Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) ZVS inverter can help EVs become more efficient and work smarter, not harder.
For some drivers, the lure of EVs has been on a downward slope once the recent energy price volatility entered the equation. Electricity rates in some parts of the country have leaped 30% since last summer, while gasoline prices have decreased below their peak in…
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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