A new picture just posted by Exro.....?
I really wonder how you came to this story and from whose side you came up to this information/idea?
News - Exro Technologies were dated of 31rst Dezember 2022
"Exro Technologies Closing Previously Announced Bought Deal Convertible Debenture Financing
for Gross Proceeds of $ 15 Million"
Since then no additional news were published by Exro Technologies!
Exro Technologies NDA Areement of October 2022
Exro announced that it has signed a new product development agreement with a major global equipment supplier. This partner remains under "non disclosure agreement" NDA - to be named at a future time.
"Our partner is a global leader in its space and looking to evolve its currently fully diesel-line-into the future. A successful development that demonstrates our already proven capabilities in other applications opens a huge door with this yet-to-be-named partner as well as many other industries with a similar challenge to solve"
Exro has been collaborating with the major European based company under NDA to develop a hybrid diesel-electric powertrain - a new product offering for the partner's vehicle line-up.
The agreement will (should) beginn with the supply of multiple sample units to be delivered to the customer by the Q1 2023 (if they can maintain the timetable)
"Hybrid diesel electric powertrains" (potential clients - European Truck Manufacturers)
Large European Truck manufacturers as
- VOLKSWAGEN that produces SCANIA / MAN
and in this matter don't forget Terrence Johnsson on Exro's Board who worked before in the USA for (AUDI USA - that belongs to VOLKSWAGEN GROUP) and FORD USA)
I were not surprised if Exro had at suddenly as "2nd TIER 1" partner - (VW) or one of the below mentioned car manufacturers.
- VOLVO
- RENAULT
- FIAT (one or two open career jobs were once open for engineers in Milan)
I admit it were finally time that Sue informs us with the news, that she promised we shall get before the year end 2022.
Stay long and strong.