Coolisys Technologies Corp. Announces Partner Testing and Expected Orders for Electric Vehicle Charger Product Line

Coolisys to Test Performance of Fast Chargers Including CHAdeMO, CCS, J1772 and Tesla Standards

MILPITAS, Calif., Sept. 04, 2020 — Coolisys Technologies Corp. (“Coolisys”), along with partner companies, will be conducting tests of its new electric vehicle (“EV”) charger product line, including innovative charging solutions that are expected to produce a full charge for an EV with a 150-mile range battery in just over 30 minutes. The testing will take place at Coolisys’ new headquarters in Milpitas, CA. Coolisys expects that it will receive initial orders for its EV charger products beginning in the fourth quarter of 2020.

Digital Power Corp. (“DPC”), Coolisys’ Power Solution Group, will be providing service and support for the Coolisys EV charger product line. With over 60 years of expertise in power technologies, DPC and Coolisys will provide the ultimate EV charging solution to enabling e-Mobility of tomorrow with smarter and greener EV charging infrastructure solutions.

The EV charging stations market is projected to reach $27.7 billion by 2027 from an estimated $2.5 billion last year, growing at a compound annual growth rate of 34.7%.

The Coolisys EV charger product line includes level 2 (240V AC) EV chargers for residential and commercial usage and level 3 (480V DC or higher) fast-charging solutions for commercial applications. Coolisys EV charger solutions include multiple types of connector standards including CHAdeMO (e.g., Honda, Nissan, Toyota, others), CCS (e.g., BMW, Ford, GM, Jaguar, Volkswagen, others), J1772 and Tesla.

The Coolisys product line includes the following:

AC product line:
7kW single-phase AC slow EV charging
22kW single-phase AC slow EV charging
42kW single-phase AC slow EV charging

DC product line:
60kW triple-phase DC fast EV charging
80kW triple-phase DC fast EV charging
120kW triple-phase DC fast EV charging
160kW triple-phase DC fast EV charging
180kW triple-phase DC fast EV charging
240kW triple-phase DC fast EV charging
320kW triple-phase DC fast EV charging

Coolisys’ President and CEO, Amos Kohn said, “We are looking forward to testing our new EV charger products with our key partner companies. These new products are well-positioned to address the expected rapid expansion of infrastructure required to support broad adoption of electric vehicles globally. Our entrance into the EV charger market significantly expands the breadth of our product offerings and we expect to receive initial orders for these products in the fourth quarter of 2020.”

About Coolisys Technologies Corp.

Coolisys and its portfolio companies and divisions are primarily engaged in the design and manufacture of innovative, feature rich, and top-quality power products for mission critical applications in the harshest environments and life-saving, life sustaining applications across diverse markets including defense/aerospace, medical/healthcare, industrial, telecommunications and automotive. Coolisys’ headquarters are located at 1635 South Main Street, Milpitas, CA 95035; www.Coolisys.com.

Contacts:

info@coolisys.com or 877-634-0982