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Exro Technologies Inc T.EXRO

Alternate Symbol(s):  EXROF | T.EXRO.WT | T.EXRO.WT.A

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

Post by ace1mccoyon Dec 14, 2020 7:50pm
180 Views
Post# 32105883

Article Dec 14

Article Dec 14

Straight out of the gate this morning, Exro Technologies Inc. (TSXV: EXRO | OTCQB: EXROF) announces the closing of CAD$42 million prospectus offering of common shares. Equally as exciting, Energy Fuels Inc. (NYSE American: UUUU | TSX: EFR) announce that they are set to enter the commercial rare earths business in Q1-2021…they have a webcast tomorrow at 11 AM ET if you want to hear the latest.

Timely, it was just yesterday that I was looking at a series of charts for EV technologies and rare earths companies. In fact, had you bought 250,000 shares of $EXRO.V – a company that has developed a new class of control technology for electric powertrains on at market open in the New Year at $0.335, today your portfolio would be $1,145,000 as of Friday, December 11th (Shares closed at $4.58, see below): a 1267% increase in your investment.

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