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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 Bookworm28on Sep 18, 2022 6:05pm
149 Views
Post# 34970175

RE:Trading Idea

RE:Trading Idea
jboom70 wrote: If this dumps into the low .50s as the S&P does a double bottom at 3600, I think it would be a good flip into Christmas. Otherwise the grind continues.


Exro could be a great trade, but they've got that pesky lawsuit hanging over them. It's the whole 'Dynamic Torque Switching' trademark infringement, and patent infringement thing that just won't go away. ePropelled is going to ride this hard in my opinion, and it's anyone's guess on how it's going to land. If the market wasn't so lousy, time would at least be on our side, as it usually takes a year or two for a judgement / compromise to be reached. Too risky for this guy at this time - but I'm keeping some powder dry, just in case. GLTA.



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