Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) (FRA: 7HIA) Seeks to Address Electric Vehicle Energy Efficiency Issues Through Proprietary Powertrain Solution
Electric vehicle charging infrastructure can be notorious for its efficiency losses, with onboard car chargers habitually losing 14% or more of the energy put into the vehicle Hillcrest Energy Technologies has looked to address that issue through the release of their simplified EV charger solution The traction inverter market is projected to reach $7 billion by 2025 at a CAGR of 17.57% due to increased demand for EV’s Electric vehicle (“EV”) owners are currently living through a scenario not entirely dissimilar to that being borne by their internal combustion engine vehicle driving counterparts. Over the past year, several car-charging operations…