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Exro Technologies Inc. T.EXRO

Alternate Symbol(s):  T.EXRO.W | 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 Exronlyon Apr 01, 2021 7:43pm
304 Views
Post# 32925657

I believe in Sue

I believe in SueWhen asked why she took the job at Exro Sue responded "do you know electric motors?  I do... I had no choice"

Sue has always said she is NOT a risk taker.  GE does not take risks and she learned this while working for GE.  Although there has been no news release re a Tier 1 partnership, doesn't it make sense that one is either in place or nearly in place?  Otherwise building a manufacturing tacitly to supply a Tier 1 company would be a huge risk, one Sue herself said she would never take.

Looking forward to seeing where this goes.  I'm one of the ones who believes in whacko prices Ace referred to as I believe the takeout target price of 8-10 B  is well within the realm of possibility within 12 months.  That's a $70-90 share price.   
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