ASX Announcement Market Update Rectifier Technologies Pacific (RTP), a wholly owned Australian subsidiary of Rectifier Technologies Ltd
(ASX code: ‘RFT’), has signed a contract to design a customised front end power unit for a European customer in the Electric Vehicle Charging industry.
The customer, Efacec Electric Mobility (Efacec), is a leading provider of Electric Vehicle charging systems, with a global presence.
Under the contract, RTP will provide services to Efacec for the development of a customised power factor correction module (PFCM). RTP will design the PFCM and will be granted exclusive rights to manufacture the product.
Mr Yanbin Wang Chief Executive Officer Rectifier Technologies Ltd
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