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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 Exronlyon May 05, 2023 1:25pm
83 Views
Post# 35433388

RE:RE:“Tier 1 Suppliers Who Will Manufacture EXRO’s Products”

RE:RE:“Tier 1 Suppliers Who Will Manufacture EXRO’s Products”As a matter of practicality not a single OEM car maker Will use Exro's Inverter in any of their models with Exro's lack of capacity in Calgary.  Exro simply cannot handle the volumes and they do NOT have the manufacuring record to provide Car makers with reliable parts in the required volumes.  This is something many investors cannot get their head around and understably so.  OEM car makers rely exclusively on Tier 1 suppliers with capacity, reputations, and financial backing and to fix recalls, to supply their parts.  Sue has explicitly said multiple times this is exactly the reason for licensing the tech to Tier 1 OEMs.   Now Exro can make coil drivers for the BCS systems and the big super profitable low volume runs for say a Sea Electric or offroad applications or mining but they simply cannot physically supply the OEMs.  Its why Sue has leveraged over 70,000 employees through three contracts. volume volume volume 
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