Exro Technologies Inc. T.EXRO

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

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.

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Exro Technologies Inc. > Keep this in Mind

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Comment by Viking2233on Jul 19, 2023 8:30pm

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RE:Keep this in Mind

I agree 100% but few here feel Sue sold the farm but they also have little confidence in coil driver or management. There is no point in bashing the arm chair quarterback

Exronly wrote:
Exro could not have landed the OEM without having in place a Tier 1 motor supplier, a Tier 1 contract manufacturer capable of building coil drivers, and a Tier 1 manufacturer capable of building the housings/casings.

the OEM is designing the integration of the components and will be working with Exro, the Tier 1 housing supplier and securing Motors and Coil Drivers for when the design is completed and ready for integration.

A lot went into securing this OEM.

I believe the recent financing, Wolong, Europe NDA 2 spoke about in the webcast, and the Contract Manufacturer who recently delivered the high voltage coil drivers were all a necessary part of this Deal.

Linamar and Sea created the credibility needed to give the OEM confidence and they saw Exro is the real deal.

let the flood gates open.....