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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

Comment by SIMPLICITI1on Sep 20, 2023 10:41am
204 Views
Post# 35645278

RE:Video Unavailable?

RE:Video Unavailable?Thankfully it just started late....... 

Now for anyone that was listening, a key takeaway for me at least stems from Sues comment regarding IATF certification..... and 12 months from SOP

According to my research.......

"The IATF Rules 5th edition address this in 6.5.1c). You will need both a Stage 1 and Stage 2 audit for your new facility. Before the Stage 1 audit can be conducted, you must have 12 months data for key indicators and performance trends, among other items. The Stage 2 audit is conducted within 90 days after confirmation that Stage 1 shows sufficient readiness. If you allow 8-12 weeks to obtain a certificate after the Stage 2 audit, you should plan on your new plant becoming certified 17-18 months after start of production."

So any volume business that is to be done will have to come from OEMS that are not members of the IATF.

IATF Members can add requirements that are specific to their needs as well. 

IMHO this information exposes EXRO's game plan 



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