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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 Sarkazooon Dec 03, 2022 11:30am
279 Views
Post# 35148591

RE:To set the record straight (er)

RE:To set the record straight (er)I started paying attention to Xebec in 2019 when I saved it on a small cap watch list. I remember seeing you on the stockhouse message board all the time, I had bought and sold a bunch of times to buy more exro. Everything seemed like it was going so well for Xebec until they started acquiring other companies, from my recollection of the weed market that's usually what causes companies to fall (paying a premium to expand the company). However, I would have never thought Xebec would be where it is today, I almost took a position near .50 just before trading halted.

What I feel differentiates Exro from other small caps at high valuations is they kept building from the inside out, although they have fairly high spending for a company that makes no money if/when those lines start running the eps is going to turn over from negative to positive very quickly. Their only outside purchase was Brian Batavia and his team to start Exro Vehicle Systems, which is proving to be a very good purchase and invaluable to Exro and their ability to really demonstrate their technology. As time goes on they will invest into growing at a sustainable rate into Europe and Asia to attract more customers globally.

Sky is the limit for Exro, soon they'll prove to be worth big investment to further grow and expand. Time will tell, all of this is my opinion and not investment advice 
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