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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 Judith1958on Oct 03, 2021 8:56am
407 Views
Post# 33958480

Wonder What a New Target Price is From Board Now, ST/LT

Wonder What a New Target Price is From Board Now, ST/LT
Re:  Price predictions ending March, 31/2022

I believe the realistic share price might hopefully be in the medium of all the price expectations.
The medium share price corresponds in this case CAD 13.50

This share price prediction corresponds exactly those of Klockett - I hope as Klockett that we shall see and reach this share price until March 31, 2022. However, later I believe we shall see a considerably higher share price.

However, at first Exro has to succeed in signing large contracts with important EV car manufacturers. GM / FORD / AUDI (Volkswagen) /
TOYOTA by SEA ELECTRIC - as at the beginn of 2021 Exro became a shareholder of SEA ELECTRIC by purchasing shares in the amount $ 5 Mio. (Toyota & Sea Electric are developping in a JV a new motor and battery for electric trucks)

Why am I expecting large contracts with the above EV car manufacturers?

Terence Johnson:     He worked in leading positions for GM & AUDI USA (VOLKSWAGEN)
In January 2021 he joined on the board of Exro Technologies.

Julie Wurmlinger:     Retired Chief Engineer from FORD MOTOR USA
At the end of September 2020 she joined on the board of Exro Technologies

And last but not least, the leading EV car manufacuter is actually Mercedes-Benz (BETTER THAN TESLA). These two new models come in automn 2021 on the market:

Mercedes-Benz EQS 580 4 Matic  - 385 PS - 210 Km/h - Weight: 2'585 Kg /  Reach: 600 Km 
Basis Price: EUR 152'800 

Mercedes-Benz EQS 450 wheel-drive - Reach: 700 Km - 180 Km/h / Basis Price EUR 127'000

For these reason it's importent that Exro and it's partners will at first succeed in setting new standards  within the EV car manufacuters. From Exro's side by its "Second Life Battery Techology" and "Coil driver"


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