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Global Tier 1 Automotive Supplier Engages Hillcrest in ZVS Technology Evaluation

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Hillcrest Energy Technologies (HLRTF) has initiated a technology evaluation project with a leading global Tier 1 automotive supplier, ranked among the top 15 by revenue. The project will assess Hillcrest's Zero Voltage Switching (ZVS) technology for potential integration into the supplier's next-generation EV inverter applications.

The initial phase focuses on evaluating the ZVS technology's benefits within the supplier's inverter architecture. If successful and mutually agreed upon, subsequent phases would involve integration and validation of the technology into the supplier's inverter platform. The ZVS technology aims to eliminate switching losses and enhance electromagnetic compatibility (EMC) performance.

This collaboration represents a significant opportunity for Hillcrest to validate its technology in real-world automotive applications and potentially accelerate its path to commercialization.

Hillcrest Energy Technologies (HLRTF) ha avviato un progetto di valutazione tecnologica con un importante fornitore automobilistico globale di livello 1, classificato tra i primi 15 per fatturato. Il progetto valuterà la tecnologia di Zero Voltage Switching (ZVS) di Hillcrest per una possibile integrazione nelle applicazioni di inverter EV di nuova generazione del fornitore.

La fase iniziale si concentra sulla valutazione dei benefici della tecnologia ZVS all'interno dell'architettura dell'inverter del fornitore. Se avrà successo e verrà concordato reciprocamente, le fasi successive comporteranno l'integrazione e la convalida della tecnologia nella piattaforma inverter del fornitore. La tecnologia ZVS mira ad eliminare le perdite di commutazione e migliorare le prestazioni di compatibilità elettromagnetica (EMC).

Questa collaborazione rappresenta un'opportunità significativa per Hillcrest di convalidare la propria tecnologia in applicazioni automobilistiche reali e potenzialmente accelerare il suo percorso verso la commercializzazione.

Hillcrest Energy Technologies (HLRTF) ha iniciado un proyecto de evaluación tecnológica con un importante proveedor automotriz global de nivel 1, clasificado entre los 15 mejores por ingresos. El proyecto evaluará la tecnología de Conmutación a Voltaje Cero (ZVS) de Hillcrest para una posible integración en las aplicaciones de inversores de vehículos eléctricos de próxima generación del proveedor.

La fase inicial se centra en evaluar los beneficios de la tecnología ZVS dentro de la arquitectura del inversor del proveedor. Si tiene éxito y se acuerda mutuamente, las fases posteriores implicarían la integración y validación de la tecnología en la plataforma del inversor del proveedor. La tecnología ZVS tiene como objetivo eliminar las pérdidas de conmutación y mejorar el rendimiento de compatibilidad electromagnética (EMC).

Esta colaboración representa una oportunidad significativa para Hillcrest de validar su tecnología en aplicaciones automotrices del mundo real y potencialmente acelerar su camino hacia la comercialización.

힐크레스트 에너지 기술(HLRTF)는 매출 기준으로 세계 1위 자동차 공급업체 중 15위에 해당하는 주요 공급업체와 기술 평가 프로젝트를 시작했습니다. 이 프로젝트는 공급업체의 차세대 전기차 인버터 응용 프로그램에 통합 가능성을 위해 힐크레스트의 제로 전압 스위칭(ZVS) 기술을 평가할 것입니다.

초기 단계는 공급업체의 인버터 아키텍처 내에서 ZVS 기술의 이점을 평가하는 데 중점을 두고 있습니다. 성공적이고 상호 합의가 이루어지면, 이후 단계는 공급업체의 인버터 플랫폼에 기술을 통합하고 검증하는 작업을 포함할 것입니다. ZVS 기술은 스위칭 손실을 제거하고 전자기 호환성(EMC) 성능을 향상시키는 것을 목표로 합니다.

이번 협업은 힐크레스트가 실제 자동차 응용 프로그램에서 기술을 검증하고 상업화로 가는 길을 가속화할 수 있는 중요한 기회를 제공합니다.

Hillcrest Energy Technologies (HLRTF) a lancé un projet d'évaluation technologique avec un important fournisseur automobile mondial de premier niveau, classé parmi les 15 premiers par chiffre d'affaires. Le projet évaluera la technologie de commutation à tension nulle (ZVS) de Hillcrest pour une éventuelle intégration dans les applications d'inverseur de véhicules électriques de nouvelle génération du fournisseur.

La phase initiale se concentre sur l'évaluation des avantages de la technologie ZVS au sein de l'architecture de l'inverseur du fournisseur. Si cela réussit et est convenu d'un commun accord, les phases suivantes impliqueront l'intégration et la validation de la technologie dans la plateforme d'inverseur du fournisseur. La technologie ZVS vise à éliminer les pertes de commutation et à améliorer les performances de compatibilité électromagnétique (EMC).

Cette collaboration représente une opportunité significative pour Hillcrest de valider sa technologie dans des applications automobiles réelles et potentiellement d'accélérer son chemin vers la commercialisation.

Hillcrest Energy Technologies (HLRTF) hat ein Technologiebewertungsprojekt mit einem führenden globalen Tier-1-Automobilzulieferer initiiert, der nach Umsatz zu den Top 15 gehört. Das Projekt wird die Zero Voltage Switching (ZVS)-Technologie von Hillcrest auf ihre potenzielle Integration in die Inverter-Anwendungen der nächsten Generation des Zulieferers bewerten.

Die erste Phase konzentriert sich auf die Bewertung der Vorteile der ZVS-Technologie innerhalb der Inverter-Architektur des Zulieferers. Wenn dies erfolgreich ist und gegenseitig vereinbart wird, würden die nachfolgenden Phasen die Integration und Validierung der Technologie in die Inverter-Plattform des Zulieferers umfassen. Die ZVS-Technologie zielt darauf ab, Schaltverluste zu eliminieren und die elektromagnetische Verträglichkeit (EMC) zu verbessern.

Diese Zusammenarbeit stellt eine bedeutende Gelegenheit für Hillcrest dar, seine Technologie in realen Automobilanwendungen zu validieren und potenziell den Weg zur Kommerzialisierung zu beschleunigen.

Positive
  • Partnership with top 15 global Tier 1 automotive supplier expands market reach
  • Potential integration into next-generation EV inverter applications
  • Technology validation opportunity with major industry player
Negative
  • No guaranteed progression to integration phase
  • Success dependent on evaluation results
  • Timeline for potential commercialization not specified

Vancouver, British Columbia--(Newsfile Corp. - March 31, 2025) - Hillcrest Energy Technologies (CSE: HEAT) (OTCQB: HLRTF) (FSE: 7HI) is pleased to announce the commencement of a technology evaluation project with a global Tier 1 automotive supplier. The initial phase will focus on assessing the potential benefits of Hillcrest's innovative Zero Voltage Switching (ZVS) technology in the supplier's next-generation inverter applications for electric vehicles (EVs). Upon successful completion of this phase and subject to mutual agreement to proceed, further phases would involve integration and validation of Hillcrest's ZVS technology into the supplier's inverter platform.

Tier 1 automotive suppliers are companies that supply fully assembled components and/or systems to automotive manufacturers. This Tier 1 supplier, consistently ranked among the top 15 largest by revenue, is a global leader in the automotive industry. Specializing in critical components such as inverters, they serve major automotive manufacturers worldwide and play a key role in advancing EV technology. This project provides the platform for Hillcrest to showcase the potential of its Zero Voltage Switching (ZVS) technology, with the shared goal of enhancing the supplier's inverter offerings and delivering significant value to their automotive customers.

"We are excited to take this important step with one of the world's foremost Tier 1 automotive suppliers," said Don Currie, CEO of Hillcrest Energy Technologies. "This project marks a pivotal moment for Hillcrest to validate our ZVS technology in a real-world automotive application and accelerate our path to commercialization. Our ultimate goal is to demonstrate the performance benefits and scalability of our technology, which, if achieved, may increase future opportunities for our technology with other suppliers in the automotive industry."

This phase will involve a series of technical assessments conducted in collaboration with the Tier 1 supplier. Hillcrest's ZVS technology is designed to eliminate switching losses and provide significantly improved electromagnetic compatibility (EMC) performance. During this phase, the supplier will analyze the potential efficiency, and performance of Hillcrest's technology within their inverter architecture. The results of this evaluation will inform potential next steps.

About Hillcrest Energy Technologies

Hillcrest Energy Technologies is a clean technology company focused on developing high-performance power conversion technologies and advanced control systems for electric vehicles, grid-connected renewable energy systems, and other power applications. The company's proprietary Zero Voltage Switching (ZVS) technology is designed to enhance efficiency, performance, and reliability while reducing system costs. Hillcrest is committed to delivering transformative energy solutions that optimize power conversion in next-generation electrification applications.

For more information, please visit www.hillcrestenergy.tech.

CONTACT INFORMATION

Investor Relations
Don Currie
info@hillcrestenergy.tech
O: +1 604-609-0006
Toll-free: 1 855-609-0006

Public Relations
Jamie L. Hogue
jhogue@hillcrestenergy.tech
O: +1 602-793-9481

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Cautionary Statement Regarding "Forward-Looking" Information

Some of the statements contained in this news release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "expects," "intends," "is expected," "potential," "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may," "could," "should," "would," "might" or "will" be taken, occur or be achieved. This forward-looking information is provided as of the date of this news release. The forward-looking information reflects our current expectations and assumptions and is subject to a number of known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to be materially different from any anticipated future results, performance or expectations expressed or implied by the forward-looking information. No assurance can be given that these assumptions will prove correct. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company's control. Investors are advised to consider the risk factors under the heading "Risks and Uncertainties" in the Company's MD&A for the year ended Dec. 31, 2023, available at https://www.sedarplus.ca/ for a discussion of the factors that could cause the Company's actual results, performance and achievements to be materially different from any anticipated future results, performance or achievements expressed or implied by the forward-looking information. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246710

FAQ

What is the significance of Hillcrest's (HLRTF) partnership with the Tier 1 automotive supplier?

The partnership allows Hillcrest to validate its ZVS technology in real-world automotive applications and potentially integrate it into next-generation EV inverters, accelerating commercialization opportunities.

What are the main benefits of Hillcrest's (HLRTF) ZVS technology for EV applications?

The ZVS technology eliminates switching losses and provides improved electromagnetic compatibility (EMC) performance in EV inverter applications.

What is the scope of the initial evaluation phase for HLRTF's ZVS technology?

The initial phase involves technical assessments to analyze the efficiency and performance of Hillcrest's ZVS technology within the supplier's inverter architecture.

What are the next steps if HLRTF's initial evaluation phase is successful?

Upon successful completion and mutual agreement, subsequent phases would involve integration and validation of the ZVS technology into the supplier's inverter platform.
Hillcrest Energy Tech Ltd

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