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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 fleetwoodon Aug 19, 2021 12:43pm
202 Views
Post# 33730909

RE:What is the next

RE:What is the next What support levelyou ask? I think that we are in the mid-summer doldrums. The share price and volumes, though they are real, don't reflect the underlying reality of Exro. The low amount of buying reflects an absence of the traders who are on vacation, while the low-volume selling seems to be those few that have lost heart and just don't want to see their account go any lower. Some of those are likely selling at a loss. If they just hold on to September, things should improve going forward from there when the traders and major institutions get back to work. Cheers!
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