Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 AUborealison Feb 04, 2021 12:23pm
170 Views
Post# 32471063

Get ready!!!

Get ready!!!2000 is a drop in the ocean compared to what's about to come.

The numbers for 2020 aren't in yet but here are the stats for just Europe in 2019.

"In 2019, the sales of e-bikes have continued their spectacular growth in Europe: According to the latest market report from CONEBI, one of ECF’s partners in the bicycle industry, more than 3 million electric bikes were sold in the EU, a substantial increase of 23% compared to the year before. Total bicycle sales stood stable at around 20 million units in 2019.
 
Regarding European bicycle production and jobs, the e-bike boom also created a strong positive effect: After a slight increase in the production of bicycles and e-bikes from 2017 to 2018 (+0.7%) this trend continued much more strongly in 2019 with a growth of 11%. This is due in particular to the fact that the production of pedal assist e-bikes in Europe was growing at fast pace: from 2018 to 2019 the surge in units produced amounted to almost 60%, after growing already by 66% the year before. Alongside the boost in production, also the number of direct jobs in the EU increased in 2019 to a total of more than 60,000, with another 60,000 indirect jobs created upstream and downstream, for a total of around 120,000 jobs. Here as well, the growth rates are impressive: 14.4% job growth in comparison with 2018, and 32% in comparison with 2017."

And then there's India and China.
<< Previous
Bullboard Posts
Next >>