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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 iknowsmthingon Mar 02, 2021 10:19pm
442 Views
Post# 32702120

So Many Positive Reviews on Exro

So Many Positive Reviews on Exro

I'm suprised one article impacted the price the way it did. Here is another recent review by Investor Intel. I will be putting my shares up for sale as well tomorrow ....at $100 per share. 

Summary of the article
 

Closing remarks

Exro Technologies continues its success. In recent times this has meant new contracts for their coil drivers used in electric motors. Exro also now has a battery control system that has been validated to improve second battery life for use in the energy storage market.

As we move into the EV and energy storage decade, Exro Technologies is emerging as a potential leader with their ground-breaking technology to improve the performance of electric motors, generators, and now batteries. Exro certainly is a company in the right place at the right time.

The current market cap of Exro Technologies is now C$689 million. Exro has opened their Calgary Innovation Center and is now well cashed up after a recent ~C$42 million equity raise. Despite the incredible run so far in the Exro stock price, the future still looks very bright for Exro Technologies.

 

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