Market Overview

ElectriPlast Material Chosen For High Voltage Connector for Karma Automotive, LLC

Share:

EVANSVILLE, Ind., Feb. 2, 2017 /PRNewswire/ -- ElectriPlast Corporation, a wholly owned subsidiary of Integral Technologies, Inc. (OTCBB: ITKG), and makers of the ElectriPlast™ line of electrically conductive resins, announced today they have been selected  and supplied ElectriPlast™ conductive plastics for use in the Karma Revero  plug-in hybrid electric vehicle.     

The ElectriPlast engineering team assisted in the successful development of a retainer for high voltage ("HV") connectors.  The connector retainer is a key component of the connector that holds the cable seals in place and limits cable movement and provides electromagnetic interference (EMI) and radio frequency interference (RFI) shielding.   

"ElectriPlast EP-SS/66 was the product for the cable retainer on Karma HV connectors," stated Slobodan (Bob) Pavlovic, ElectriPlast's VP of Engineering. "This is one of the products we offer that provides both electrical shielding and the elastic properties needed for the retainer. The retainer has very tight electrical shielding requirements and working with the customer, we were able to fine tune the parameters to achieve less than 10 milliohms resistance across the retainer volume which correlates with high shielding effectiveness. The HV connector has been fully validated at the vehicle level."

The Revero is a luxury plug-in electric hybrid vehicle built in Southern California.  It will be the first car sold in the U.S. powered by electricity, gas and solar.  The solar roof not only charges the 12V battery, but also charges the HV battery, adding to the electric range.  

"The HV connector is a universal design that can support both DC (2 wire) and AC (3 wire) connections, as well as high power requirements up to 500 amps via parallel wiring / four (4) wires for DC applications, each pole having one (1) pair of wires," stated Mo Zeidan, ElectriPlast's CTO.

"We appreciate Karma's leadership in using ElectriPlast for their HV connector application and are excited about the opportunities to assist them as they apply our materials to HV connectors and enclosures as the lightweighting solution for HEV/EV energy storage, power management and power distribution systems," stated Doug Bathauer, Integral's CEO.

The electric vehicle market remains robust with http://www.insideevs.com reporting 2016 sales of plug-in hybrids in the US at 170,000 vehicles, a nearly 40% increase from 2015, and worldwide sales of plug-in hybrids at nearly 700,000 vehicles. Bloomberg New Energy Finance ("Bloomberg") suggests that further, big reductions in battery prices lie ahead, and that during the 2020s EVs will become a more economic option than gasoline or diesel cars in most countries. The Bloomberg study, published in 2016, forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales. This would be almost 90 times the equivalent figure for 2015 EV sales.

About Integral Technologies, Inc.

Integral Technologies Inc. (OTC-BB: ITKG)  and wholly owned subsidiary ElectriPlast Corp, engage in the discovery, development, and commercialization of electrically conductive hybrid plastics used primarily as raw materials in the production of industrial, commercial and consumer products and services worldwide. Its core material, ElectriPlast®, is a non-corrosive, electrically conductive resin-based material whose properties allow it to be molded into any of the infinite shapes and sizes associated with plastics, rubbers and other polymers while reducing component weight by 40 to 60%. Integral is a leader in conductive hybrid plastics with a broad Intellectual Property portfolio referencing its ElectriPlast technology. Applications for ElectriPlast include: Shielding Wire, Power Electronics, Connectors, and Cables; Shielding, Conduction, Batteries, Semiconductors, Heated Elements, Sensors, Antennas, Medical Devices, Consumer Electronics and Acoustics, Fuses, Capacitors, Resistors, RFID, Bus bars and Terminals.

About Karma Automotive LLC
Karma Automotive, an American car company of luxury hybrid plug-in vehicles, is based in Southern California.  Please go to http://karmaautomotive.com/ for more company information.

Contacts:
Product Inquiries:  
812-550-1770
info@electriplast.com

Media Inquiries
Vorticom Public Relations Nancy Tamosaitis
212.532.2208  
nancyt@vorticom.com

Safe Harbor Statement
This press release contains "forward-looking statements'' within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. These statements include, without limitation, predictions and guidance relating to the company's future financial performance and the research, development and commercialization of its technologies.  In some cases, you can identify forward-looking statements by terminology such as, "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology.  These forward-looking statements are based on management's current expectations, but they involve a number of risks and uncertainties.  Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements, as the result of such factors, risks and uncertainties as (1) competition in the markets for the products and services sold by the company, (2) the ability of the company to execute its plans, (3) other factors detailed in the company's public filings with the SEC, including, without limitation, those described in the Company's annual report on Form 10-K for the year ended June 30, 2016 as filed with the Securities and Exchange Commission and available at www.sec.gov, and (4) the parties may be unable to agree upon definitive agreements.  You are urged to consider these factors carefully in evaluating the forward-looking statements

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/electriplast-material-chosen-for-high-voltage-connector-for-karma-automotive-llc-300401038.html

SOURCE Integral Technologies, Inc.

View Comments and Join the Discussion!
 

Partner Center