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Exro Technologies Inc. T.EXRO

Alternate Symbol(s):  T.EXRO.WT | EXROF

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.


TSX:EXRO - Post by User

Post by 5BAGGRon Mar 02, 2021 1:21pm
191 Views
Post# 32696087

The value proposition...

The value proposition...
It's a small company with valuable patents, product prototypes, and financial resources to the tune of tens of millions of dollars trying to get a physical product out the door... testing, getting feedback, refining, ultimately needing orders in order to scale up production... in an environment of rapid technological change... they have produced coil drivers and put them into e-bikes and motorbikes so far with small companies... they are producing coil drivers for testing in EVs including Class 8 trucks... perhaps they would also do well to go after the Toyotas, Hondas, Volkswagens, GMs and Fords of the world as these large companies are also producing EVs of course (is that part of the plan?)... maybe it would be a good question for Sue... has she knocked on these doors? Does she have contacts? We have an ex-Audi executive (Terence) on the Board... Nothing happens overnight, yet progress continues to be made... the value proposition may need to be refined... the value proposition needs to be understood by the market... the value proposition needs to be better communicated... why will EV manufacturers be able to sell more cars/commercial vehicles with the EXRO coil driver? Will it help them produce EVs more cheaply? Is this being demonstrated? What is the value proposition of the Battery Management System? Is there a market for 2nd life batteries or is this infrastructure in its infancy? Clearly some solar farms have storage on site... will the EXRO tech reduce the turnover rate of storage batteries and thus costs? Do they need partners in this area in order to design the specific product for the application? Are there new partnerships in the works? It seems the range of potential partners is endless... does EXRO currently have all the partners it can handle? What is next for EVs? There is so much dust flying...
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