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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 PennyStockAppon Feb 16, 2023 3:20pm
444 Views
Post# 35290563

New to EXRO web site

New to EXRO web siteCustomer Momentum Building Recent Coil DriverTM purchase order announcements backed by multiyear supply agreements (MSA) VICINITY LIGHTNING E-BUS Initial PO backed by MSA for up to 2,500 high-voltage Coil Drive Systems over a 36-month term EVTS FIREFLY ESV Initial PO for a first lot of 1,000 low-voltage Coil Drive Systems with additional units over a 36-month term SEA ELECTRIC F59 DELIVERY VAN Initial PO backed by MSA for minimum of 1,500 highvoltage Coil Drive Systems over a 36-month term; Onroad pilot as early as Nov 2022 MAJOR EUROPEAN NDA PARTNER New product development incorporating Coil-Driver to introduce a hybrid dieselelectric powertrain for offhighway application; Initial samples in Q1 2023 Fully executed these MSA’s would equate to >US$100 M in revenue and <20% of annual production capacity
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