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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 04, 2023 8:17pm
187 Views
Post# 35526588

RE:RE:RE:RE:Workhorse-Linamar-EXRO

RE:RE:RE:RE:Workhorse-Linamar-EXRO
Ultimately I see the production cost of a coil driver being approximately the same as a regular inverter given similar manufacturing facilities.  What EXRO offers is enhanced performance, which is important in certain market spaces such as commercial trucks and buses...vehicles that put on tons of miles each year, and which  must stop and go frequently.  The key criterion in this space is total cost of operation, where EXRO has an advantage due to its dual torque/speed profile.
 
You might have noticed that EXRO's named collaborators for its higher voltage CDs are mainly in the medium duty commercial segment.  These include Vicinity, Sea Electric, Potentia (demonstrator delivery truck), the Brazil NDA (Eletra?), the European NDA motor supplier for buses/trucks (possibly), and the Linamar Class 3-6 commercial vehicle eaxle. 
 
 There is a reason for this.  This space is part of the "vaccum" that offers the best opportunity for new entrants in the EV market.  It's a space where the major powerdrive manufacturers have declined to play due to the highly diverse requirements, and due to better opportunities in the high volume spaces.  This is explained in slide 21 of Lightning Motor's company presentation at 

https://d1io3yog0oux5.cloudfront.net/_745a376ee333f04f877d3f03df942b82/lightningemotors/db/1087/9845/pdf/ZEV+Investor+Presentation+-+May+2023.pdf
 
Vicinity included an almost identical slide in its recent presentation at the LDMicro Conference last month.  Both Lightning Motors and Vicinity play in this space.
 
Given the relative lack of competition, and the superiority of the CD, I think many will choose the CD option.  Just MO.
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