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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 Kappyoon Jan 08, 2023 11:27am
162 Views
Post# 35209602

RE:Technically speaking

RE:Technically speakingAs well, there is far more activity on this board, for a Sunday morning than usual. 100+ reads on your post and the market isn't open...me thinks a lot of people are getting interested in this stock/company and so it begins to feed itself. As for the cash burn, Exro has been completing their manufacturing facility which will be a nonrecurring expense. Series production is slated to begin in the third quarter which could be as soon as 6 months from now. Revenue will flow before that so yes, it could be a tight one, but if another raise becomes necessary, it will be at a much higher price and so be it. Sales of BCS could come in the near future as well. Personally, looking for U.S. $2.50 by end of month!
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