Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 beaner53on May 19, 2021 9:57pm
119 Views
Post# 33235595

RE:You think?

RE:You think?That's a good question jboom. Check out Biden's comments after he pulled a few wheelies in the F-150 (0-60 in 4.4 sec - OMG!) Looks to me like they are open for business on anything EV although batteries are specifically mentioned.  I love the mention of R&D "grants and tax credits". R&D is key to Exro's success I feel and the job posting support this. Separate yourself from the pack. The Arizona initiative looks better all the time.

"The future of the auto industry is electric. There's no turning back," President Biden said during a visit to Ford's (F) new Rouge Electric Vehicle Center in Dearborn, Michigan. He later jumped into the all-new F-150 Lightning, driving around an empty lot that's used as a test track. "This sucker's quick," Biden told reporters, saying the electric truck goes 0 to 60 mph in about 4.4 seconds before speeding away.

Quote: "The real question is if we'll lead or fall behind in the race to the future, or whether we'll build these vehicles or the batteries that go in them here in the United States or rely on other countries. We used to invest more in research and development more than any country in the world... and China was no. 9. We are now no. 8 and China is no. 1. We have to move fast."

The stopover came ahead of today's splashy introduction of the all-electric F-150 Lightning, which is the second mass-market EV from Ford (following the Mustang Mach-E). Ford says the pickup will bring stunning innovation, technologies and capabilities to the popular F-Series, without sacrificing power, payload and towing capability. CEO Jim Farley has also revealed that the F-150 Lightning will be able "to power your home during an outage, it's even quicker than the original F-150 Lightning performance truck, and it will constantly improve through over-the-air updates." Full pricing and specifications will come at 9:30 p.m. tonight.

Pitch for infrastructure: "We're going to put Americans to work, which will include 50,000 charging stations along our roads and highways, homes and apartments," Biden remarked. "We're also going to boost our manufacturing capacity, as well as grants and tax credits to boost manufacturing of these clean vehicles, batteries, semiconductors and small computer chips." His administration's recently unveiled $2T infrastructure package, known as the American Jobs Plan, includes $174B to "win the EV market."

        

<< Previous
Bullboard Posts
Next >>