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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 Viking2233on May 18, 2023 2:49pm
139 Views
Post# 35455069

RE:Bottom line

RE:Bottom line

Future financing is a given but EXRO will have various options other then bought deals. You have both Canada and US governments handing out cash specifically to the sectors they operate in, banks will looking to provide lines of credit and loans to their sector as part of their contributions to going green and positive optics.

Exro struck when the iron is hot, raising capital in the current markets with bank failures, higher inflation, threat of recession is difficult at best and the shortbterm pain hear will dissipate in time. This is a buying opportunity for those sitting on the sidelines or those with additional cash to deploy.

There are also many investors who jumped in in September to November ladt year fat .60 cents to $1.25 and are locking in profits. This has caused new capital to flow in and created a new floor with stronger hands who will hold much longer.


filoux004 wrote: Bottom line assuming their IP/technology has merits it is a quality manufacturing capacity challenge which will require Several rounds of financing in the years to come. The Stock price appreciation will be a long long road ahead. Long with very subdued return expectations. DD and glta . Go Heat Go. 

 

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