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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 SIMPLICITI1on Jan 21, 2022 4:50pm
307 Views
Post# 34344798

I hate to say it, but.....

I hate to say it, but.....All this downward price action great for my future plans. 

Share price is irrelevant right now (except for those that need to sell). The company has cash and will raise more from institutions that look at the business prospects and not the share price. 

If anything, the share price just adds incentive (upside) for institutions. They may be on the hunt and playing a role in the trend right now. 

Prospective customers will be happy to see the financing too. OEMs won't place bets on suppliers that are poorly financed. 

Don't be nervous. This too will pass.


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