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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 Judith1958on Aug 23, 2022 5:02am
233 Views
Post# 34913315

RE:the worst part...

RE:the worst part...
taltimbr

My assessment is 100% in line with that of you of August 22, 2022 at 07:04 PM
(However, on the side of "CASH" there has now something to happen!)

Linda- Hasenfratz - CEO of Linamar, is a top business woman with a "good nose" for new growth markets. The worldwide fast growing market for electric cars means for LINAMAR's "e-Axle" (incl. Exro's Coil Driver) a bright future in a huge and worldwide fast growing market for electric cars.
Linamar is a n international large and important supplier of components for the worldwide largest car manufacurers as:
Honda, Renault-Nissan-Mitsubishi- Toyota, Volkswagen, Stellantis, GM, Ford, Maruti-Suzuki, Hyundai, Daimler, BMW etc.

Remember: The family "Hasenfratz" were "Hungarian refugees" that left the country in the 1950's
on the occasion of the Russian invasion and built up "LINAMAR" to a large company. The market capitalization of LINAMAR at the Toronto Stock Exchange is around CAD 7 billions!

According to Sue, it was LINAMAR with their "e-Axle" that approached Exro to develope and equipe in a JV Linamars e-Axle working with Exros "Coil Driver".

New useful members on Exro's Board

Tony Fairweather, CEO and Founder of SEA Electric  (close partner where Exro is a shareholder)
Linda Hasenfratz, CEO LINAMAR  -   LINAMAR were a suitable "Anchor Investor" shareholder  (no take-over!) that is interested in developping and building up Exro to a worldwide well known company.

be patient  .....stay long, stay strong
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