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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 JohnnyUtah44on Apr 15, 2023 4:54pm
238 Views
Post# 35396872

Look Who Is Quoted on the Mesa Economic Development Page

Look Who Is Quoted on the Mesa Economic Development Page.... really not sure how long it has been their, but 1st I have seen it...MO-CC

..The Nation's Hub for Electric Vehicle Manufacturing

Arizona is fast becoming known as the U.S. hub for electric vehicle manufacturing with companies such as Lucid, ElectraMeccanica, Nikola, and Atlis having or building major manufacturing operations in the Phoenix-Mesa metro area.

“Arizona is a magnet for auto innovation. We’ve had three EV groundbreakings in the last 16 months, which is incredible. Companies testing their cars at proving grounds in the state include GM, Ford, Toyota, VW, Chrysler, and Nissan. Arizona is also the epicenter of automated driving. Waymo, Cruise, TuSimple, Embark, Intel, and more all have operations here. We hope to continue this momentum.”

 Sandra Watson, President and CEO
Arizona Commerce Authority

LARGE ELECTRIC VEHICLE INDUSTRY CLUSTER

Arizona is already developing a strong electric vehicle industry cluster with headquarters, R&D, manufacturing, and significant supply-chain players already in the marketplace.

Mesa offered the best proposal at the end – best land for us, best overall site, best workforce options for us. Then you couple that with the fact that the logistics of being very close to our target market, it made it really appealing . . . [There is] a tier one supply base here, there are engineering firms that are coming here already and that is really appealing to us because there is a talent base that is already starting to come here.

Paul Rivera, CEO
ElectraMeccanica
Recently announced the selection of Mesa, AZ
as new location of their 235K SF assembly
facility and engineering technical center

"The Greater Phoenix area was a natural choice for our U.S. home, and we're thrilled to become a part of the innovative business community. The region is ripe with potential manufacturing partners and suppliers, and its competitive talent pipeline will support our continued growth. Mayor Giles and the city of Mesa have welcomed our vision and we look forward to building on the city's enthusiasm for electric vehicles. There are a lot of electric vehicle owners in Arizona!"

Sue Ozdemir, CEO of Exro Technologies
Recently announced the selection of Mesa, AZ
as the location for their U.S. headquarters.

Electric Vehicle Companies with Major Operations or Planned Operations in Arizona

(GFFA) MO


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