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 5BAGGRon Mar 02, 2021 8:38pm
317 Views
Post# 32701748

Milestones and plan and market

Milestones and plan and market
The fact is, Exro has not yet had a lot of commercial sales to hang its hat on, but of course, short report or no, I'm pretty sure the market was already aware of that! What I want to hear more about from Sue is the plan and milestones that she speaks of. And, I want it made clear *why* the people who are going to buy this tech are going to buy it. What does it do for them? How is it going to increase their sales? How is it going to make them money? If the value proposition is that it will make an equivalent spec'd vehicle cheaper to produce, then clearly the market is producers of economy vehicles. If it makes luxury vehicles even more luxurious, then that needs to be made clear. Maybe both. One thing to note is that the EV market is so young... We are at early innings here that's for sure. The market priced this at $7 a few weeks ago, now at $3, tomorrow unknowable. The size of the addressable market really depends on addressing why people/OEMs are gonna buy it... i.e how it helps them make money. I want Sue to tell me how the Coil Driver and BMS help OEMs and others make money.
<< Previous
Bullboard Posts
Next >>