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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 Markcalgaryon Jan 18, 2022 11:05am
172 Views
Post# 34328521

40 volt and greater world is exploding from California

40 volt and greater world is exploding from California

The small electric motor world is exploding in reaction to California legislation.  The small motor market is larger than the automotive market!  

https://www.caranddriver.com/news/a38004981/california-ban-gas-powered-lawn-equipment/


Noticed that there is an incredible drop off in Volume on US market holidays.  Have asked IR thru email about the shelf prospectus for Canada, and how that might translate to the US listing.  No response .  

upcoming financing.... with approx 18 million in the bank, and a burn rate of 2M per month, think it won't be too long before we see some activity.   The question becomes will the share offering happen before the US listing?  Cross border share issuances are rare and rather difficult.  

I would expect that the financing will be made after some announcements have lifted the price .  Now might be a great time to cherry pick some shares.  


GLTA
MC
 

 

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