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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 beaner53on Nov 09, 2022 12:23pm
173 Views
Post# 35085648

RE:RE:RE:RE:Q3 Earnings Release

RE:RE:RE:RE:Q3 Earnings Release

The more invitees to the party the better.

Re the financing, there is another option and that is going the pref share route (convertible to commons of course).

Having said that, given the amount I expect this round to be, that would ultimately prove to be highly dilutive and, as I mentioned before in an earlier post, and based the on discussions between John and Darrell  in Oct, my sense is that they want to avoid that in a big way.

I'm stickin' with Linamar on this one but another Tier 1 stepping up to the plate would work just fine.

 

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