| |DECEMBER 202319traditional pack-level monitoring futile. Equipped with micro-protection mechanisms, Cell DriverTM isolates individual cells when they become faulty. The cell-level approach with active cell balancing functionalities predicts hazards such as thermal runaways and averts disasters in energy storage units cost-effectively. Cell DriverTM addresses one of the major challenges faced by businesses -- increased electricity costs influenced by demand charges, time-of-use charges, and power supply charges. Equipped with capabilities like load-shifting and peak shaving, it optimizes power draw from the grid or enables back up power to support critical loads during grid outages. This ensures uninterrupted operations while minimizing associated expenses. Substantiating the tangible impact of the technology on reducing commercial electricity demand for businesses, the team recently conducted simulations in collaboration with a major U.S.-based restaurant with multiple franchises, one of the clients in its pipeline. The strategic initiative was aimed at addressing their staggering 40 percent surge in electricity bills due to peak hour usage. Using Cell DriverTM, the client could achieve substantial annual electricity savings, amounting to over $25,000. The client could also have a payback period of less than four years, and their total annual savings exceeded 15 percent.Exro Technologies also offers another cutting-edge technology solution, Coil DriverTM, an adaptive electric vehicle (EV) traction inverter. Furthermore, the company provides end-to-end EV consulting and engineering services to help clients unlock comprehensive, competitive, and cost-effective electric mobility products.Backed by a team of professionals with deep-rooted industry expertise, Exro Technologies is at the forefront of delivering inventive electrified power solutions, enabling businesses to harness energy when needed. Positioned as a true partner for businesses, it aims to boost energy efficiency and keep pace with the world's sprint toward a sustainable tomorrow. We harness the capabilities of power electronics to advance efficiency and provide higher level battery control, promoting optimized operations, enhanced safety, and extended lifetime of cells
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