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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 CoCa827on Sep 20, 2021 9:02am
169 Views
Post# 33885801

Ever what?

Ever what?Start at the beginning. How long has Evergrande been in business? .......It has also expanded to other industries, including electric vehicle production, property management, film and TV, theme park construction, life insurance, a hospital, a football club, and the production of food, mineral water and baby formula....
And its Evergrande New Energy Vehicle has set the ambitious goal of developing 14 electric vehicle models ranging from sedans to sport utility vehicles and producing and selling five million of them per year by 2025 and five million by 2035.....
at one point they boasted they would be bigger than Elon’s TESLA.... pipe dream? https://www.aljazeera.com/economy/2021/9/15/what-could-an-evergrande-debt-default-mean-for-china-and-beyond 
- this is internal to the CCP and the cracks are just starting!!!! Ooops before someone raises it these are the foreign exposures: Ashmore Group Plc, BlackRock Inc., UBS Group AG and HSBC Holdings Plc - BTW Kathy Woods got out of their China holdings three to four weeks ago.
So, as I mentioned last night, this is not a risk but a HUGE plus for EXRO.
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