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Bullboard - Stock Discussion Forum 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... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc. > Traktionssysteme Austria collaboration with Exro in works
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Post by PennyStockApp on Feb 09, 2021 10:02pm

Traktionssysteme Austria collaboration with Exro in works

Traktionssysteme Austria is a leading manufacturer of electromechanical drives for rail and road vehicles. With over 60 years of experience and a broad product portfolio, they provide their customers individual solutions of the highest quality. TSA has reliable traction drives in operation in 55 countries on all continents of the world.

Exro and TSA will collaborate on a technology update for heavy-duty electric vehicles and traction motors and drives. Examples of heavy-duty vehicles can be delivery vans, buses, and trucks. This will deliver a full powertrain system and enable a broad product range with increased performance in the growing commercial electric vehicle markets. The global traction inverter market is projected to grow at a CAGR of 17.57% from USD 2.5 billion in 2018 to reach USD 7.7 billion by 2025.1

"We are looking forward to unlock the potential of increased performance and efficiency the Exro Coil Drive can bring to our electric motors", commented Florian Demmelmayr, Head of Road at TSA. "Since 2004, we have built more than 2,500 motors for electric buses".

"Although this is not a commercial partnership, this is an important integration of TSA's long-standing traction systems with our Coil Driver. It will help us to open up bigger markets and accelerate our impact in making commercial electric vehicles faster, smarter, and more powerful," stated Josh Sobil, Chief Commercial Officer of Exro. "We are very excited to be working with a global leader like TSA and developing new technology together."

Comment by MrMigs86 on Feb 10, 2021 12:23am
Thanks for sharing this, but where did you get it from? And when was it published?   
Comment by AndroidOne on Feb 10, 2021 7:23am
It was published Oct 29, 2020.  Here is the link https://www.tsa.at/news/tsa_and_exro_to_develop_systems__for_enhanced_cornrnercial_vehicles
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