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Bullboard - Stock Discussion Forum 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... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc. > Huge news!
View:
Post by argon12 on Oct 05, 2022 9:37am

Huge news!

We are going main stream now with this order.

Canada's TSLA!!!
Comment by argon12 on Oct 05, 2022 9:44am
They need to get on BNN and CNBC to get the news announcement out. They expect sales in the billions of dollars!
Comment by Wizkid on Oct 05, 2022 9:48am
@argon12 where can I see this
Comment by Pandora on Oct 05, 2022 9:59am
From the news release highlights: The European partner, which remains under NDA, is a global leader in the design, manufacture and distribution of solutions in an off-highway sector and is forecast to generate multi-billion dollars in sales in 2022. On successful customer testing and validation, the development agreement will transition to a series production agreement for 8,000-10,000+ Coil ...more  
Comment by Pandora on Oct 05, 2022 10:08am
Of course when they say "forecast to generate multi-billion dollars in sales......." it is referring to the European partner with their big off road equipment not multi-billion dollars of Exro equipment. How many dollars it might equate to for Exro is a different matter but in relative terms it could be substantial.
Comment by Inuk138 on Oct 05, 2022 12:21pm
Despite the lawsuit against EXRO, the company is signing agreements with several partners and it seems that despite this threat EXRO is moving forward with its products. I have difficulty understanding how such agreements can be signed when the future is uncertain. I would like to know if anyone has an answer.
Comment by SIMPLICITI1 on Oct 05, 2022 1:55pm
The answer is simple and has been posted on this board many times. If you would like to hear EXRO's answer please review the last webcast where EXRO answers the question as to liability presented by this issue.   
Comment by Pandora on Oct 05, 2022 3:32pm
Went to the website and found the reference to webinairs. Found the latest one from September which lists a large nuber of questions but no answers. I see at least 4 questions related to the infringement law suit. Where does a person go to find answers that were given?
Comment by SIMPLICITI1 on Oct 05, 2022 3:53pm
Listen to the webcast!
Comment by Pandora on Oct 05, 2022 3:58pm
Sure --- where do I find it? That's what I was looking for but the "link" only gives me written questions. Presumably seeing as you say that there must be another link somewhere. https://www.exro.com/investors/events
Comment by Pandora on Oct 05, 2022 5:21pm
Never mind - I picked it up off the CEO.ca site
Comment by Pandora on Oct 05, 2022 5:29pm
If anyone else would like to see it: https://youtu.be/_FySrwGKbT0
Comment by Pandora on Oct 05, 2022 3:53pm
The data below is dated July 29, 2022 but since then (September) both companies have made presentations to the courts regarding their individual patents. Something being stated within the last two weeks regarding the court discussions would be more relevant. If the patent court goes to a trial it is currently scheduled for 2024. That's a lot of water under the bridge in the meantime. From the ...more  
Comment by Inuk138 on Oct 05, 2022 6:39pm
I got my answers thanks.
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