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Exro Technologies Inc T.EXRO

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

Industrials
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

Exro Technologies Inc > Tech question
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Comment by beaner53on Jul 02, 2023 3:53pm
208 Views
Post# 35524315

RE:RE:RE:RE:RE:RE:RE:Tech question

RE:RE:RE:RE:RE:RE:RE:Tech question

I totally agree on contracting out for the components Re the batteries. My question is, who is going to pay for it? Assuming the PCB boards represent the power electronic provided as per the NR as Exro's contribution to the partnership (along with the 5 year manufacturing exclusivity), makes considerably more sense to me.

I would be shocked if it was Exro's responsibility to cover the battery costs given the revenue stream coming our way i.e. 50% of the savings associated...

That was the purpose of my question to Sue. What are get getting in terms of total revenues associated with the deal. My understanding is that's it. The cost savings described above.

I will clarify with John.

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