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Exro Technologies Inc T.EXRO

Alternate Symbol(s):  T.EXRO.WT | T.EXRO.WT.A | 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 sorrensonon Feb 08, 2024 8:26am
62 Views
Post# 35869367

RE:RE:RE:long...

RE:RE:RE:long...Im confused how the failed management of the failed company   ended up in control despite giving 2/3 to SEA . Sounds like they bought their jobs  with shareholders money 




jboom70 wrote: You have been around for years also. We know all the scooter/motorycle, car and electrical motor companies that must have passed of this, it's a lengthy list. If the coil driver was so revolutionary it would take off on it's own and you wouldn't see this insane deal happen.

There has to be a reason sales didn't come in.

One also has to wonder what the new direction of the company is? Is cash used for Sea efforts or Exro efforts? Easily addressed but they haven't. Also did they let the SP tumble to get higher share count for SEA? That's a big question for me. At $2 that deal looks very different.

The whole thing stinks. 


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