Lowell, MA | September 22, 2021 – ePropelled, the Massachusetts-based technology company that offers leading-edge electric propulsion systems, today announced the release of a groundbreaking new electric vehicle (EV) propulsion system to be showcased at the Cenex-LCV in Millbrook, U.K. This new system increases power efficiency by at least 15%, which will allow manufacturers to reduce the size and cost of their battery packs. Battery packs can account for as much as 30% of the cost of vehicles, which can make smaller EVs uneconomical. Reducing this cost will improve profitably of EVs while facilitating adoption by consumers.
Drew Miale, Three Rings, firstname.lastname@example.org, +1-207-423-5033
Kim Schofield, Marketing Communications Manager, ePropelled, email@example.com, +1-603-234-4000
Under embargo until September 22, 2021
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