Hillcrest (CSE: HEAT) (OTCQB: HLRTF) is developing new power conversion technologies to improve efficiency and curtail electric vehicle (“EV”) costs. “Hillcrest, a one-time fossil fuels producer, has ditched that model to pivot into clean energy technologies. The company specializes in developing control systems and electric power conversion devices for powertrains and charging applications in addition to renewable energy generation and storage systems. As noted by Hillcrest CEO Don Currie, the company is at an inflection point after developing and successfully testing a cutting-edge 250-kilowatt (‘kW’), 800-volt (‘V’) Silicon Carbide (‘SiC’) EV traction inverter prototype. The inverter’s adaptable design gives Hillcrest a competitive advantage with the flexibility to quickly meet customers’ needs with a smaller, lighter and more powerful product,” a recent article reads. “[Our] highly adaptive power conversion technology is at an exciting stage of growth and development, evidenced in part by our two recent strategic partnerships including a global tier 1 automotive supplier,” Currie is quoted saying.
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About Hillcrest Energy Technologies Ltd.
Hillcrest 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. Hillcrest is publicly traded on the CSE under the symbol HEAT and on the OTCQB Venture Market as HLRTF. For more information, please visit www.HillcrestEnergy.tech.
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