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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 Jun 27, 2023 9:19am
155 Views
Post# 35515951

System Integrator Intilion Plans Frankfurt IPO in Q3- Italy

System Integrator Intilion Plans Frankfurt IPO in Q3- Italy June 27, 2023...Germany-based battery energy storage system (BESS) integrator Intilion is planning to go public with an IPO in the third quarter of the year.

Intilion revealed its plans to list shares on the Frankfurt Stock Exchange today (27 June). The initial public offering (IPO) will also include private placements outside of Germany of new shares from a capital increase, and will see current majority shareholder the Hoppecke battery company sell some of its existing ones......energy storage news....

.....6/27/23.....The grid-scale energy storage market in Italy is set to become one of the most active in Europe in the next few years having been close to non-existent until now.

Research firm LCP Delta recently forecast that after annual grid-scale deployments of just 20MW in the last few years, Italy would deploy 800-900MW in 2023/2024, second in scale only to the UK.

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