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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 12, 2023 11:03am
114 Views
Post# 35445416

RE:RE:RE:RE:Looking Down The Road

RE:RE:RE:RE:Looking Down The RoadBeaner

Two things...  remeber Sue worked for GE for many years negotiating exactly these types of contracts... to make it as a business Exro MUST make a profit.  The Manifacturer needs to make 30% to keep afloat and tries hard to make 40%.  Exro can make less as they have no risk or major expenses and they dont have the cost of carrying the capital (lost opportunity cost) so Exro can get away with a 10-20% margin.  Sue is an expert at negotiating these types of deals so no need to worry, she has it handled.

secondly... we do not know the details of the deal, and until we do the stock price likely will go knowwhere as like you and others many are skittish about the deal thinking Exro potentially got short changed or handcuffed themselves.  Zero indication of financial profits were revealed in the NR and that concerns folks!  Be Patient we will know!
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