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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 KevinSonnyDenaon Oct 11, 2022 3:50pm
268 Views
Post# 35018007

Volvo Group

Volvo GroupIn the automotive sector in West Sweden, several new companies set around the vehicle industry are attracting an increasingly dynamic entrepreneurial ecosystem. The emergence of these innovation intermediaries is being driven by political, market-related, socio-cultural, relational and technological factors. These include societal challenges and trends that drive political interest, such as environmental issues and climate change. There is also a political interest in adapting to globalisation, to secure regional competitiveness and resilience. New technology developments include the electrification of vehicles, automation and connected vehicles. This is driving an interest from industry and academia in attracting talent and securing competences. There is also a tradition and experience of collaboration in the region. Volvo Group (AB Volvo) and Volvo Cars are very interested in continuing to nurture the ecosystem, by attracting other companies to the region. Involved in the innovation ecosystem as user of technology, drive the setting-up of innovation support companies or collaborative projects. These initiatives should support not only single companies but also many actors in the system, and be conducive to collaborative activities.
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