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InvestorNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTD) (FRA: 7HIA.F) Announces Completion of First ZVS-Enabled Power Module for EV Space
June 14, 2023

InvestorNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTD) (FRA: 7HIA.F) Announces Completion of First ZVS-Enabled Power Module for EV Space

Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTD) (FRA: 7HIA.F), a pioneering clean-technology company offering transformative power-conversion technologies and state-of-the-art control system solutions, has completed the design phase for the industry’s first silicon carbide (“SiC”) power module optimized for Hillcrest’s proprietary Zero Voltage Switching (“ZVS”) technology. According to the company, the ZVS-enabled power modules are designed to provide offer increased levels of power density, system efficiency, performance and reliability for EV applications up to 1,000 volts; the modules could reduce and possibly eliminate the need for EMI filters and shielding, saving manufacturers hundreds of dollars per vehicle and reducing the overall weight of the powertrain. The proprietary power modules are being developed in partnership with Systematec GmbH; Hillcrest is retaining all intellectual property. “Our partners at Systematec GmbH have been developing and designing silicon carbide power devices for the automotive sector for nearly 20 years,” said Hillcrest Energy Technologies chief technology officer Ari Berger in the press release. “Their extensive hardware experience combined with our proprietary ZVS technology platform are allowing us to expand the efficiency and performance possibilities for power conversion devices. Our current ZVS-enabled traction inverter is already delivering industry-leading results in e-mobility applications. The ability to integrate and build our own, ZVS-enabled power modules for applications up to 1,000 volts will allow us to achieve ever more impressive levels of system efficiency, reliability, reduced cost and performance.”

To view the full press release, visit https://ibn.fm/k4soi

About Hillcrest Energy Technologies Ltd.

Hillcrest Energy Technologies is a clean-technology company developing high-value, high-performance 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 HLRTD are available in the company’s newsroom at https://ibn.fm/HLRTF

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