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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 up2005on Jan 30, 2023 1:40pm
423 Views
Post# 35254388

EV price trimming could be good for EXRO.

EV price trimming could be good for EXRO.With the proven advantages and major COST SAVINGS using the Coil Driver it will become a larger selling and negotiations point when approaching EV manufacturers. If TESLA and FORD are entering a price war, the other majors will follow suit. How do they keep up their margins, implement the CD and reduce dual motor or other redundant components to bring COG's down. Choppy waters ahead within the EV marketplace.
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