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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 u30822on Mar 05, 2023 1:06pm
120 Views
Post# 35320024

RE:RE:RE:I think he's talking about Exro

RE:RE:RE:I think he's talking about Exro

AI Electric Motors Coming to a Store Near You?

ALEX KOYFMAN | MAR 05, 2023

Dear Reader,

If you read Energy and Capital on a regular basis, you’ve no doubt already heard many things about a a Calgary-based AI company that’s revolutionizing today’s electric motors. 

If you’ve somehow missed it, don’t worry. Like most world-changing innovations, this tech is easy to explain. 

Electric motors, for as long as they've been around, have suffered design limitations due to chaotic charge distribution with the copper coil. 

Those limitations have included suboptimal power and torque curves, inefficiency, and increased wear and tear. 

In the 200 years since their advent, electric motors have become the most ubiquitous electronic devices on the planet, but those limitations have carried through, from the very first prototypes all the way to today’s modern electric motors that drive everything from wristwatches to cargo ships.

Of course, nobody on the consumer end noticed these problems because there were no alternatives to that two-century-old design.

Today, all of that is about to change... and in a big way.

The Canadian company I mentioned at the beginning is now disrupting the status quo by applying a very new technology to a very old design. 

By implementing AI algorithms to very precisely manage power distribution within the copper coil, it's effectively brought the electric motor into the 21st century. 
 
I’ve been following this company for years now. In fact, when I first began writing about it to my premium subscribers, the stock was trading at just $0.25 per share — making it a penny stock in the truest sense of the word.

Today, the company trades for 10 times what it did when I first found out about it, but here’s where it gets really interesting…

You see, the whole point of my coverage was to take my readers from the early startup stages, where we were just a few years ago, all the way through mainstream commercialization.

Well, as of early last week, the finish line is finally in clear view.

That's because on Monday, February 27, this company put out a press release announcing that it had signed a memorandum of understanding with a major European global automotive industry supplier.

One of the conditions of the memorandum was that the name of this European firm be kept secret until later this year when performance testing is able to satisfy expectations set by both parties.

Upon successful completion of the testing of this AI-based power management technology, the name of the European partner will become public and this company will enter a whole new stage of its life cycle.

There Will Be an Inflection Point Within Six Months

That testing is expected to be concluded in Q3 of this year, at which point the memorandum will transition into a definitive agreement and the relationship will be solidified.

If you need me to spell out what this means, I’ll do it now: It’s the moment every shareholder has been waiting for.

So what can we say about this unnamed European corporation?
 
Well, for one thing, it’s a 25,000-employee operation.

Our Canadian company, by contrast, employs fewer than 100 people.

You see the incongruity here.

Now, to date, this AI power management tech has found its way into electric bicycles, electric boats, and an electric motorcycle, but this new relationship could catapult this technology into the mainstream for consumer products.

Your Last Chance Before This Rocket Takes Off

Forget the 10x growth the stock has seen over the last three–four years. By the end of the decade, this one-time penny stock could very realistically be trading at a market cap measured in the billions of dollars.

Whether that happens or not will all be decided in the next six or seven months.

Now, since this news made the headlines earlier last week, shares of the Canadian company have risen about 5% — just a tiny taste of what can be expected once the testing is finished.

That said, I expect share prices to continue to gradually meander upward until that press release finally makes the wires sometime in the early fall...

Which makes right now the best opportunity you’ll ever have to get in at pre-commercialization prices.
 
All good investors do their due diligence, and I expect nothing less from you, so to help with that, I’ve put together this presentation on the technology and the market it will disrupt.

It’s quick, informative, and easy to understand.

Best of all, it’s free to view and requires no registration. You have nothing to lose and a potential fortune to gain as this company marches toward its destiny.

Access the video instantly, right here.

 

Fortune favors the bold,

alex koyfman Signature

Alex Koyfman


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