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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 > New Buy rating for Exro
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Comment by Exroooooooon Oct 28, 2022 11:51am
220 Views
Post# 35056003

RE:New Buy rating for Exro

RE:New Buy rating for Exro
It's nice to see some more analyst coverage, BUT this report is too conservative. 660 coil drivers in 2023 (which is ~2 per day) and 2,065 coil drivers in 2024 (~5.5 per day)? Do they know Exro's got over $140,000,000 in POs already? I'm listening carefully to Exro's management, and not listening as much to the analysts.
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