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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

Post by JohnnyUtah44on Dec 05, 2022 6:52pm
249 Views
Post# 35152216

Exro is Missing the Mark by Not Using the BCS Side for $$$$$

Exro is Missing the Mark by Not Using the BCS Side for $$$$$.....We Need Rod in this mix.... google for full details..... energy storage companies in 2022....... the BCS will be bigger and quicker if Exro starts using the Potential they have with the ESS side....MO

..... Backstory: Closed its initial public offering in November after generating proceeds of almost $1 billion. Prior to the IPO, in September 2021, the storage tech company completed the largest energy portfolio transaction in Europe when it agreed a deal with ESB to provide systems for 308MWh of storage in Ireland. Late last month, it was announced that Fluence would deliver its first energy storage system in Taiwan.

..... Backstory: 
Long-duration energy storage company ESS went public in October following its combination with the special purpose acquisition company (SPAC) ACON S2 Acquisition Corp. The deal resulted in an injection of $308 million into ESS.

..... 

What sets these companies apart? First of all, what all these companies have in common is that they have all recently received significant – given their respective sizes – sums of investment. In other words, these companies aren’t just talking the talk, they also have highly credible business strategies that have convinced what are often sceptical investors to back them with hard cash.
.....
Backstory: Michigan-based Our Next Energy (ONE) – founded in 2020 – is developing energy storage products that it hopes will increase the range of electric vehicles and therefore boost adoption. ONE’s technology has excited investors and, in October last year, the company secured $25 million in a Series A funding round backed by Assembly Ventures, Breakthrough Energy Ventures, BMW i Ventures, Flex and Volta Energy Technologies.
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