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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

Comment by simplicition Mar 08, 2021 3:27pm
231 Views
Post# 32745143

RE:What’s going on today....

RE:What’s going on today....Just an Opinion.....

This is a technology stock. The tech sector (Nasdaq) is down 2% today and 12% in the last 30 days or so. TSLA is down close to 40% in roughly the same timeframe give or take a few weeks. 

We are in a risk off market for technology as everyone tries to figure out the implication of rates, not to mention that the supply chain (all things from Asia) is falling behind due to lack of shipping containers........ (I read an example where a manufacturer paid $67,000 to get a container for product from China that a year ago was under $3K.

Everyone is now just trying to figure cr*p out 

Be patient, we have a company located in Calgary Alberta that has yet to commercialize their technology but is trading at infinity X earnings, sales, or whatever other metric you want to use.

The reason? Anyone that knows anything about EV and BT recognizes that this TECH should have a major role to play going forward!  

They are doing a great job managing expectations and getting the word out. This will be just fine if you can afford to be patient.
  
Hang in there 

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