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Exro Technologies Inc T.EXRO

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

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 newcoinon Jun 30, 2021 12:48pm
165 Views
Post# 33473671

EXRO on TSX in JULY

EXRO on TSX in JULY

Calgary, Alberta (June 18, 2021) – Exro Technologies Inc. (TSXV: EXRO, OTCQB: EXROF) (the “Company” or “Exro”), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange (the “TSX”) under the same trading symbol “EXRO”.

Final approval of the listing is subject to the Company meeting certain customary conditions of the TSX. Upon final approval, Exro intends to issue a news release confirming the date upon which its common shares will commence trading on the TSX, which is anticipated to occur prior to the end of July. At that time, Exro’s common shares and warrants will be concurrently delisted from the TSXV.

“We’ve made huge strides in the last 12 months on our path to bringing our Coil Driver to next generation electric vehicles and graduating to the TSX is another important breakthrough for us,” said Sue Ozdemir, Chief Executive Officer of Exro. “We have seen continued growth of engagement for our technologies so far in 2021 and are looking forward to expand the reach of our engagement further for all of our current and future shareholders.”


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