Exro's new Innovation Project with Leading Autom. OEM
Exro Announcel Coil Driver Innovation Project with Leading Global Automotive OEM
The actually the biggest and best chances in Exro's new Innovation Projekt I see in the following 4 OEM Major Automakers.
1rst Volkswagen (By Terence Johnsson on Exro's Board of Directors)
Retrired as Vice President from Audi Ltd (USA) in 2019 where he led the corporate P&L OverseasSales Division and Globalization Strategic Initiative to operating profitability of
$ 1 Billion while entering markets with new engineeried procucts. Prior to his tenure with Audi Ltd (USA), Terence led America's Sales Division for Volkswagen to 1.5x earnings growth.
2nd LINAMAR
3rd SEA Electric a close business partner where - Exro is a stakeholder by an investment
of USD 5 Million in 2021. Together they co-operate to bring SEA's motor and battery technology on the market equipped with Exro's Coil Drivers.
5 month later as Exro became a shareholder of SEA - SEA and HINO (100% owned by TOYOTA) started their JV (50%:50%) to develop the new generation of HINO TRUCKS.
4th FORD
Ford has close ties to SEA Electric - together the brought in 2019 the 1rst 100% full developped electric VAN on the market. (DETROIT/USA)
stay long - stay strong