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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 Wriggleson Jul 03, 2023 1:12pm
229 Views
Post# 35524923

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Tech question
G'day Beaner,
 
I didn't mean to leave the impression that I had seen any documentation.  That was not the case.  I was simply trying to offer a generic description of what "sharing" might entail and how it could be embodied in a contract.
 
I look upon the relationship with Re:Build in a different light than many on this board.  I see it as a straightforward contract for the fabrication, assembly and testing of the cell driver.  EXRO could have engaged any number of contractors for this for this task.  It chose Re:Build presumably because it presents itself as a reliable, low-cost manufacturer.
 
If you agree with this premise, then you can see why it would be unusual for EXRO to base its revenue stream  soley on projected cost savings. A more likely scenario is that revenue would derive from customer sales and Re:Build would be an expense.  The battery purchase would also be an expense.
 
OTOH, if you believe that the Re:Build relationship is bigger than this, as many do, then anything is possible.
 
You might want to clarify this with John.  Could provide some guidance for your queries.
 
I find that EXRO sometimes speaks in code.  Their statements frequently can be interpreted in different ways.  It is useful to consider them with a critical eye.
 
My 2cents.
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