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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 KevinSonnyDenaon Mar 25, 2021 11:30am
170 Views
Post# 32875294

Press Release I sent to Jake at Exro

Press Release I sent to Jake at Exro
Hello Jake,
 
Is Exro aware of this press release of Ski-Doos going electric. What a great opportunity to partner!
 
Kindly,
 
Kevin 
 
 
 

Electric Ski-Doos in works

BRP Inc. said Thursday it will invest $300 million over five years in a plan to offer electric versions of its recreational vehicles in each of its product lines by the end of 2026.

"We have always said electrification was not a question of 'if' but a question of 'when'. Today, we're very excited to unveil more details of our plan to deliver market-shaping products that will enhance the consumer experience by offering new electric options," BRP chief executive Jose Boisjoli said in a statement.

"We are leveraging our engineering know-how and innovation capabilities to define the best strategy for developing electric-powered products," he added.

As part of the plan, BRP will expand its Rotax electric power unit development infrastructure in Austria and establish an electric vehicle development centre in its hometown of Valcourt, Que.

BRP said it expects to introduce the first product to the market within the next two years, followed by a rapid rollout across all of its product lines.

The announcement came as the maker of Ski-Doos and Sea-Doos reported its fourth-quarter profit more than doubled compared with a year earlier.

 

 

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