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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.


TSX:EXRO - Post by User

Exro Technologies Inc. > SEA NR
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Post by bayoubuckson Jan 30, 2024 11:14am
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Post# 35852621

SEA NR

SEA NR

SEA Electric has made the next step in its journey to electrify the world’s commercial vehicle fleet, by signing a significant Memorandum of Understanding with MEVCO, a leading systems integrator focused exclusively on electric light commercial vehicles within the mining industry.

The partnership will see specialist all-electric Utility EV models made available for the mining industry, with MEVCO making a commitment to order 8,500 units over the next five years.

The deal has a total value of close to AU$1 billion.

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