Exro Technologies Inc. T.EXRO

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

Industrials

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

Exro Technologies Inc. > exro

<< Previous

Bullboard Posts

Next >>

Comment by Skidaddleon Jul 06, 2021 10:05pm

203 Views

Post# 33503713

RE:RE:exro

Plus EXRO gets some potential upside to our SEA ownership position IF SEA does in fact do an IPO???

"As part of the agreement, Exro will invest US $5 million into SEA Electric by subscribing for 124,380 Series A Preferred Shares (the “Shares”) at a price of US $40.1995 per Share. The Shares are convertible into common shares of SEA at the option of Exro and automatically covert to common shares under certain conditions, including SEA completing a going public transaction."

https://www.exro.com/news/exro-strengthens-partnership-with-sea-electric-to-accelerate-development-of-exros-battery-control-system

newcoin wrote: Excellent article.

'Canadian electric motor company Exro Technologies Inc. led the funding round, which brings SEA Electric’s total raised to date to about $75 million. The funds were earmarked for financing its backlog and facilitating more pilot programs with major truck fleet operators.'

Gates2000000 wrote:

SEA Electric Weighs IPO to Boost EV Power Systems

labusinessjournal.com/news/2...