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Exro Technologies Inc T.EXRO

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

Technology Scientific & Technical Instruments
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

Exro Technologies Inc
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Post by simplicition Feb 11, 2021 2:42pm
280 Views
Post# 32542984

FWIW......

FWIW......I bought for the following reasons:
  1. it's patented Canadian Tech that has worldwide opportunity
  2. it's applicable on the motor side and the battery side of the EV market
  3. It may have a play on the motor side of a HCEV (but that is only a guess on my part)
  4. The CEO comes from the industry and appears well connected at least to some degree
  5. The time horizon on milestones for voltage upgrades seems reasonable, and
  6. They have partnerships in place to facilitate achieving those milestones
I am viewing this as a minimum two year hold. It would be longer but I believe they will be bought out by then. 

GLTA 
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