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Exro Technologies Inc. T.EXRO

Alternate Symbol(s):  T.EXRO.W | 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 Exronlyon Oct 03, 2023 2:35pm
166 Views
Post# 35667468

Spec or demand?

Spec or demand?Speculating is building something prior to there being a demand and hoping to sell it once built.  Its betting on where one thinks the market will go.  Exro is no longer a spec play, they know where the market is going, they know the demand, they know the customers and those customers overwhelmingly want what Exro has.  The customers (market) get it, the investment community doesn't.  Big difference.  Everything Exro does is Customer driven, not speculative.
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