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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 JohnnyUtah44on Oct 14, 2021 9:21am
362 Views
Post# 34004531

Nice Article From Bloomberg Today, We Are Buying the Future

Nice Article From Bloomberg Today, We Are Buying the FutureToday....for Tomorrow.......Go EXRO !!!!

*******also look up the News today from ELMS and the New Partnership on Battery Storage ....

....from Bloomberg Today...

It is worth remembering though that India already has a thriving electric vehicle market – it is just missing a wheel, or two, compared to passenger cars.

India’s three-wheeler sales are already 50% electric, with sales of more than a quarter-million electric vehicles last year. India’s two-wheeler market is smaller – about 130,000 last year – but the addressable market is much bigger.

More than 14 million two-wheelers were sold in 2020, and that’s a pandemic-deflated sales figure compared to 2019.

The speed and scale at which the electric two-wheeler market could grow is striking. Ola Electric Mobility is planning a factory to assemble 10 million electric two-wheelers annually.

When it began selling scooters last month, it moved 60,000 in 24 hours. Hero Electric Vehicles, an Ola competitor which wants to expand its capacity to a mere twentieth of Ola’s, says that India could end sales of gasoline-powered two-wheelers in six years.




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