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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 Markcalgaryon Mar 17, 2023 2:31pm
240 Views
Post# 35345620

Hold some shares in Visteon....

Hold some shares in Visteon....They manufacture car dashes etc...... this from commentary on Seeking Alpha.. Stock is getting spanked today, along with all the vehicle manufacturers.  When they talk of electrifacation sales, they are talking Visteon.  Of note is the comments on the BMS.

Higher EV penetration rates around the world, in my opinion, can drive Electrification sales from less than $50 million in 2022 to $600 million in 2026. Management (and I) agree that VC's battery management systems [BMS] will be a driving force behind the expansion of electrification sales, as they present an opportunity for content per vehicle to the tune of $350 to $500. As the next generation of electric vehicles is expected to run on higher voltage electrical systems, I believe that their introduction by OEM customers will be a significant tailwind for BMS products. If we consider the full range of Visteon's electrification offerings, we can extrapolate that the total content per vehicle opportunity for EVs could easily reach between much higher than the $350 to $500 cited above.

GLTA
MC

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