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Bullboard - Stock Discussion Forum Exro Technologies Inc. T.EXRO

Alternate Symbol(s):  T.EXRO.WT | 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... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc. > Any thoughts on a potential Tier 1 motor manufacturer?
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Post by QuantumTime on Dec 01, 2022 10:55am

Any thoughts on a potential Tier 1 motor manufacturer?

In the PR yesterday Sue mentioned motor manufacturing companies (vs e-Axle) as an example of a type of partner in the section on announcing a new Tier 1 partner.  Any thoughts on potential companies?
Most of the motors are manufactuered in house, but the major outsourcing companies according to the graph below look like GM, Rivian, Suzuki, Ford, Geely (China), Tata (India) and Honda.  These companies  all made less than 25% of their motors in-house in 2021 but it is of course it is a changing landscape eg. GM this year spent $154m on it's Lockport manufacturing facility to make their own electirc motor components for their new Ultium platform.

Comment by QuantumTime on Dec 01, 2022 11:02am
Kappyo mentioned Bosch, who is also making motors for Rivian. Kappyo: "Another tier 1 OEM could be Bosch, who as they have mentioned multiple times, they buy some of their components from. Bosch is probably already in every car manufactured in Europe so would that be awesome or what?"
Exro Technologies Inc.
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