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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 ugggon May 05, 2022 12:53am
146 Views
Post# 34657555

RE:Eight Capital coments on Exro Technologies Inc.

RE:Eight Capital coments on Exro Technologies Inc.Interesting, I have emailed the company regarding unit price but haven't heard back. I assume Eight Capital has some guidance for their numbers. It looks like they are selling light units at $2000 per unit. They project 250 units for 2022 but so far there are 100 on order but only 75 vehicles expected to be produced so we can count on 100 units for sure [as per order] which amounts to $200,000 revenue. With 30% margins that leaves $60,000. Now I'm not sure where the subsequent years numbers are derived from but Eight Capital does have financial interest in the company & has been paid for this article. 
https://research.viiicapital.com/Reports/Disclosures/Disclosures050222.pdf
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