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.

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Exro Technologies Inc > Electric Retrofit of ICE Market Opportunity - Snapshot

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Post by SIMPLICITI1on Jan 05, 2023 10:44am

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Post# 35204716

Electric Retrofit of ICE Market Opportunity - Snapshot

The global automotive retrofit electric vehicle powertrain market size was estimated at US$ 61.4 billion in 2021 and it is expected to hit around USD 118.1 billion by 2030 with a noteworthy CAGR of 7.54% from 2022 to 2030.