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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 Apr 03, 2021 3:41pm
271 Views
Post# 32934146

RE:RE:Undervaluing EXRO

RE:RE:Undervaluing EXROThere isn't a chance in HE** that EXRO will not require at least one more financing and there is nothing wrong with that if for the right reasons. 

The pattern of major customers investing is also tried and true. Just look at Ford and Amazon with Rivian. There are other examples too. It is a win win for all. Investee's get much needed capital for expansion, as well as built in customer base. Investors get early access to product and upside in Share Price Appreciation. 

Not all equity financings need to be done through investment houses. 

 
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