Exro Technologies Inc. T.EXRO

Alternate Symbol(s): T.EXRO.W | 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. > Global OEM

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Comment by sorrensonon Jan 17, 2024 2:58pm

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Post# 35831924

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Global OEM

This is an overlap but it is what it is .. sell these babies

"Per the terms of the agreement, Peninsula VMC Truck Centre will distribute Vicinity VMC 1200 trucks throughout the cities of Hamilton, Burlington, Brantford and Niagara.

Pandora wrote:
sorrenson wrote: Just last week they annouced a deal with swift which is Oakville
Pandora wrote:
VMC expanding with another outlet in the Toronto area but still no word on then using Exro technology in the VM1200 truck.

https://stockhouse.com/news/press-releases/2024/01/17/vicinity-motor-corp-signs-vmc-1200-distribution-agreement-for-peninsula-vmc

Yes, last week it was West Toronto in the news release, this week it is South Toronto, and on January 2nd it was south Alberta.
I asked IR about the Exro tech and he said first they are concentrating on the buses and they will get that going efficiently before moving on to the trucks. i.e. One step at a time.
Presumably the Exro tech will give the trucks more power and more mileage but they're not ready to go in that direction yet.