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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

Post by abracadaveron Aug 26, 2021 3:18pm
442 Views
Post# 33770769

Fishy ?

Fishy ?
newbie here, with a few observations:
This co,has a patent on a device that enhances existing and future electric motors. What to do ?, start manufacturing with all the expense of getting a new factory up and running, or licencing the patent to all existing and future world-wide motor manufacturers, and lie on a beach snacking on bonbons?

Question: if this patent is so valuable, why hasn't this co been taken out by Tesla, GM, BMW, VW. $200 mil and you've got control of the patent! Chump change! Both use it and licence it !
Please explain any of the above, Thanks, from current shareholder !
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