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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 QuantumTimeon Nov 30, 2022 9:09pm
235 Views
Post# 35141697

From today's PR:

From today's PR:

"Strategic partners such as Linamar are focused on potential high-volume production making use of Exro technology for long term serial production. Motor partners are also very strategic in nature as they provide a conduit by pulling Exro into their network to amplify the potential customer base. These partners work collaboratively with Exro to develop an optimized motor to integrate with the Coil Driver™ and provide a packaged motor and inverter system solution that can deliver be delivered to specific applications or market segments.
Following delivery of the e-Axle prototype to Linamar, Exro has the resource capacity to onboard another strategic development partner. The company is in negotiations with several such major potential partners and remains optimistic of a partnership announcement by year-end
."
(From https://www.newswire.ca/news-releases/exro-announces-major-milestone-with-linamar-e-axle-phase-one-project-completion-and-provides-operational-update-860391028.html)
So interesting that she mentions "motor partners" in the Strategic Partner Update" paragraph.
I guess we will see re the next strategic partner but it might be a bit of a hint...



 

 

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