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Exro Technologies Inc T.EXRO

Alternate Symbol(s):  EXROF | T.EXRO.WT | T.EXRO.WT.A

Industrials
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

Exro Technologies Inc > Trading Idea
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Comment by AlwaysLong683on Sep 19, 2022 11:04pm
174 Views
Post# 34972823

RE:RE:RE:Trading Idea

RE:RE:RE:Trading Idea
jboom70 wrote: If the lawsuit had any merrit they would have petitioned the courts to have them stop manufacturing the coils by now.

Conversely, if the lawsuit has no merit whatsoever, I suspect EXRO would've filed a motion by now to have the case thrown out....?

Also, correct me if I'm wrong, but EXRO is currently not selling any products containing the disputed technology, so there's no sales or profits to "stop" as the products are still in development and/or being tested.

The sooner the suit is resolved the better, provided EXRO isn't stripped of any patents it relies on for its technology and how such technology differentiates its offerings from those of competitors in the space.

Another possible outcome other than an outright EXRO win is EXRO may agree to license from the plaintiff any tech in which EXRO is deemed as not holding the patents on.

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