Exro Technologies Inc T.EXRO

Alternate Symbol(s): EXROF | T.EXRO.WT | T.EXRO.WT.A

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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.

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Exro Technologies Inc

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Post by JohnnyUtah44on Jun 14, 2023 10:35am

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Post# 35495844

DOE Announces $192M for Battery Recycling - Energy Storage

The U.S. Department of Energy on Monday announced $192 million in funding to expand battery recycling research and development, calling the investments “essential” to the advancement of a domestic supply chain of critical materials for the energy transition.
The lithium battery market could grow ten-fold by 2030, driven by growing adoption of electric vehicles and a need for stationary energy storage, the agency said

The lithium battery market could grow ten-fold by 2030, driven by growing adoption of electric vehicles and a need for stationary energy storage, the agency said. President Joe Biden has set a goal for half of new vehicle sales to be electric by 2030.
The recycling funding falls into three buckets: consumer