QualityStocksNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Achieves ‘Amazing Breakthrough’ in Electric Bike Technology, Micro-Mobility Applications
Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for electric motors and powertrains, today announced that third-party testing has proven its patented Coil Driver technology dramatically improves performance of electric bikes. According to the update, Vancouver-based Motorino Electric, a manufacturer and distributor of electric bikes and motorcycles, completed field testing of Exro's technology through 2020 against a standard electric bike. Testing found a more than 20% performance increase, and up to 50% in climbing conditions, of the Exro-enhanced electric bike. Exro will now start negotiations on a commercial product…