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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 fleetwoodon Sep 16, 2022 2:18pm
221 Views
Post# 34967542

RE:RE:RE:I Also Wonder How Many Billions Exro Will Be Worth in Months

RE:RE:RE:I Also Wonder How Many Billions Exro Will Be Worth in MonthsWaiting for EXRO isn't going to be like waiting for Godot, who never arrived. It might sound like wishful thinking, but EXRO's technology offerings are inevitably going to be adopted and widely used. That will be the case even if the major auto companies are slow to adopt the coil driver and some/most ignore it altogether. That will be the case if EXRO has to pay something due to patent infingement as well. Why do I think that? I worked in Detroit in the auto industry for 16 years, rising to the executive level. I can attest to the fact that they will be adopting every savings or cost avoidance available as they go forward. They squeeze every nickel. A penny saved per vehicle when you're producing millions of them adds up in a big hurry. The software used to analyze "product cost" looks at every component in a vehicle (includiing optional features), the sub-assemblies that make up each of those components, and the parts that make up every sub-assembly. They also factor in the standard cost of labour required. They do this analysis continually, because of changing suppliers and varying prices. It should go without saying, but I'll add one more point: the current depressed share price is due to broader market behaviour plus the shares being sold by the faint-hearted. Keep on keepin' on!
 
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