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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

Comment by SIMPLICITI1on Jan 18, 2022 11:17am
177 Views
Post# 34328596

RE:RE:The world is apparently giddy about EVs

RE:RE:The world is apparently giddy about EVsThe giddieness over EV's is understandable. They are high priced/low cost products that carry very limited warranty cost exposure. Once manufacturing begins the only risk that remains is marketing

Exro is in the components business!

The time horizon for this company is measured in years, not months, weeks or days. 
The technology has a place across multiple industries and applications. 

We are talking about intelligent inverters here (where coil driver is concerned). Every electric motor needs one and already has one which means the task is replacing incumbents.

Its a question of how much intelligence is required and at what price/cost.

Each and every opportunity is a nut that needs to be cracked. The bigger the opportunity the tougher that is.... for a variety of reasons and some of those reasons have little to do with which product is better. 

And the opportunities cracked today, may not mean revenues until well down the road as customers that have existing designs need to work through existing inventories etc. 

MY personal time horizon on Exro is year (5 or more). I am not interested in chasing this up or down and not worried about missing the bottom...because the top is a very very long distance from here. 
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