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 > One year ago

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Post by QuantumTimeon Dec 01, 2022 9:11pm

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Post# 35145121

One year ago

Dec 2nd 2021 EXRO closed at $3.10
Since then a patent infringement lawsuit was launched against EXRO, the share price dropped, and the lawsuit was subsequently dismissed with prejudice.

The market price is what it is right now but obviously it can also easily get much higher as things now look better than ever ie IMO certainly looking better than Dec 2021, eg. with a potential new Tier 1 partner on the horizon etc.

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