San Jose, CA–(business wire)–Automotive News recognizes Tula Technology’s Dynamic Motor Drive™ as a PACEpilot winner, recognizing Dynamic Motor Drive as a breakthrough innovation ready for implementation in the automotive industry.

Dynamic Motor Drive™ (DMD) is an advanced software control technology that improves the efficiency of electric vehicles by intermittently operating the motors in optimal efficiency conditions. This technology is suitable for electric vehicles already in production and is particularly effective for vehicles that do not use costly and environmentally unfriendly rare earth magnets. DMD control strategies can typically achieve 2-3% efficiency gains in motors without rare-earth magnets.

Scott Bailey, President and CEO of Tula Technology, said: “This recognition is a testament to the work of our team as they continue to introduce this breakthrough technology to his OEMs and Tier 1 suppliers.”

The 3rd annual PACEpilot program was announced by Automotive News. The competition was open to suppliers and start-ups that invented products, software/IT systems or processes, and idea incubators with the ability to transform the automotive industry. The Automotive News PACEpilot program is leading the way in highlighting the world’s emerging innovators. After an extensive review by an independent panel of judges, including a comprehensive written application and virtual pitch sessions, Tula earned Automotive News PACEpilot certification.

For more information on the Automotive News PACEpilot program, please visit www.autonews.com/pace.

About Tula Technology

Based in Silicon Valley, Tula Technology offers innovative, award-winning software controls to optimize propulsion efficiency and emissions across the mobility spectrum including electric, hybrid, gasoline, diesel and alternative fuel vehicles. Tula’s culture of innovation has resulted in groundbreaking technologies and a strong global patent portfolio of over 380 issued and pending patents. Tula Technology is privately held and backed by Sequoia Capital, Sigma Partners, Khosla Ventures, GM Ventures, BorgWarner and Franklin Templeton. For more information, please visit www.tulatech.com.