Nov. 18, 2022, CALGARY, AB /PRNewswire/ – Exro Technologies Inc. (TSX: EXRO), (OTCQB: EXROF) (the “Company” or “Exro”) is happy to announce that it has won the National Electrical Manufacturers Association’s 2022 “Illuminations Award for Business Innovation” (NEMA). Exro was chosen by the NEMA Nominations and Awards Committee due to its technological ingenuity and effective use of cutting-edge technology. Exro is thrilled to join the list of previous e-mobility award winners, which also includes organisations like ChargePoint Holdings Inc.

NEMA, an ANSI-accredited Standards Development Organization (SDO) comprised of company executives, electrical authorities, engineers, scientists, and technicians, was established in 1926. The “Illuminations Award for Business Invention” is given annually to a business that has succeeded via entrepreneurship, the use of cutting-edge technology, or ground-breaking innovation. Sue Ozdemir, CEO of Exro, accepted this year’s prize Friday night at the NEMA Annual Meeting and Awards Gala Dinner in Amelia Island, Florida.

Sue Ozdemir said while accepting this prize, “Accepting this award from NEMA, a company I esteem greatly for its contributions to our industry and who shares Exro’s dedication to guiding the transition to a sustainable electrified future, makes me extremely proud. Even though Exro is still a relative newcomer to the electrification scene, we have advanced our cutting-edge proprietary technologies for e-mobility (Coil DriverTM) and stationary energy storage (Cell DriverTM) from relative proof-of-concepts in 2019 to manufacturing commercialization with the start of series production in Q3 2023. We owe a great deal of gratitude to NEMA for this honour and for the industry leadership it offers to the many outstanding producers of electrical goods.”

Source: Prnewswire