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Equipmake
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Hillcrest and Equipmake sign definitive agreement to jointly develop and license ZVS inverter technology for heavy duty electric vehicles
Hillcrest and Equipmake have signed a definitive agreement to jointly develop and license ZVS inverter technology aimed at heavy duty electric vehicles, according to a HLRTF Stock News listing. Royalties depend on Equipmake beginning commercial sales, and Hillcrest retains ownership of its ZVS technology. The listing gives no financial terms, volumes or timelines.
Why it matters
Heavy duty vehicle powertrain developments shape the future power and depot charging requirements that CPOs and procurement teams will need to serve. With royalties tied to Equipmake starting commercial sales and no dates disclosed, this is a pipeline signal to watch rather than a near term demand driver.
United Kingdom
9 Nov 2026