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 > Tech question

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Comment by Wriggleson Jul 02, 2023 7:59pm

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Post# 35524431

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

I see where you are coming from Beaner. I didn't interpret the revenue stream that way.

I see the contract consisting of a Statement of Work for an agreed price, with respective reponsibilities being detailed in the SOW, including the provision of the battery. Any savings in manufacturing costs below the agreed price would be shared. EXRO's revenue stream would be sales minus payments to Re:Build and the channel partners.

Looking forward to John's response. Cheers.

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