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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 Sarkazooon Jan 31, 2022 6:48pm
165 Views
Post# 34382381

RE:RE:RE:RE:Still behaving BADLY

RE:RE:RE:RE:Still behaving BADLYWrong, there are multiple ways to perseve a financing/bought deal. FYI, in 2020 Exro completed 3 rounds of financing which lead to a shareprice appreciation of over 2000%. The money was put to good use in developing/commercializing the coildriver/BMS, owning/leasing new facilites for production/R&D, attracting talented employees and well connected board members. The pain in financing only comes from companies that have little to show for it, Exro's management has shown us tonnes of growth from nothing in 2019 to commercial partnership with Linamar in 2022. If this money goes towards more partnerships/ fulfilling orders we may see another 1000% in shareprice appreciation from Exro in 2022. IMO
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