Exro Technologies Inc T.EXRO

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

Technology Scientific & Technical Instruments

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 > Shareholder update - Some Thoughts

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Comment by ddogoldon Jul 13, 2023 3:03pm

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Post# 35539923

RE:Shareholder update - Some Thoughts

Wriggles wrote:

Min 15:15. the new collaboration involves a "global Auto OEM". EXRO is finally talking about the passenger car market (excluding micromobility) and not commercial. This is one pathway to the big volume orders and revenue.

Min 20:15. Sue mentions induction motors and sustainability in relation to the new NDA. Eric talked extensively these in his Q&A session a few months back. Induction motors don't use cobalt and are cheaper. They generally are not suitable as a primer mover and frequently are used in two motor vehicles for operating at speed. The CD potentially can be used in a single induction motor configuration to increase continuous power/torque. This would certainly differentiate EXRO from the pack.

The NR talks about combining the motor/inverter in a defined housing to increase continuous power/torque. Maximum continuous power is heat related. I wonder if the collaboration could involve a 4-in-1 eaxle with heat management being the add-on.

Min 9:12 Sue refers to Re:build as a "contract manufacturer". That is a different business model than a partnership.

Min 24:35 She confrims what many here have previous suggested...that the financing was conducted in part to appease new partners. I would think that partners would be loathe to commit to a business relationship if they had doubts about EXRO's financial sustainability.

A good update.