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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 SIMPLICITI1on May 12, 2021 11:35am
153 Views
Post# 33182798

RE:RE:Sea Electric could be the ticket...

RE:RE:Sea Electric could be the ticket...What do you mean by big ticket? 

They are clearly one of the more advanced relationships for the BCS technology and the fact that they will validate the Coil driver is excellent news. 

Personally I do not view SEA as a huge revenue generator simply based on near term volumes.

SEA was wise to seek an investment from EXRO. It guarantees EXRO's attention during a critical time for SEA and as EXRO expands its partner base. . 

Once SEA is public EXRO's investment become liquid and will be managed as they see fit. 

A win/win!
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