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Exro Technologies Inc T.EXRO

Alternate Symbol(s):  EXROF | T.EXRO.WT | T.EXRO.WT.A

Industrials
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

Exro Technologies Inc
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Post by Higherhopes2020on May 21, 2021 6:31am
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Post# 33246464

First Quarter 2021 Financial Results

First Quarter 2021 Financial Results
  • Signed a non-binding letter of intent with LAND for the District motorcycle with the Coil Driver order volume of up to 2,000 units after the unit is validated by LAND.
  • Entered into the expanded strategic collaboration agreement and made the strategic investment of US$ 5 million to SEA Electric providing Exro with the platform to demonstrate and accelerate development of the BCS.
  • Secured a 36,966 square foot facility in Calgary which will include production lines, product showroom and office spaces. The facility is targeted to open for late Q4 2021, with automotive certified production by end of 2022.
  • https://www.exro.com/news/exro-technologies-announces-first-quarter-2021-financial-results
exro has 39 million cash.
Arizona job posting suggest that they are working with EV companys.
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