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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 sorrensonon Aug 15, 2023 3:02pm
115 Views
Post# 35589583

RE:RE:RE:Bright future at EXRO (IMO)

RE:RE:RE:Bright future at EXRO (IMO)Thats Sept 14   2022 and they are producing  mow   So where do you see exro even hinted at? 

https://www.volvotrucks.com/en-en/news-stories/press-releases/2022/sep/volvo-trucks-starts-series-production-of-heavy-electric-trucks.html#:~:text=Volvo%20Trucks%20is%20beginning%20series,thirds%20of%20the%20company's%20sales.


 
moneydigger wrote:
sorrenson wrote: So why exactly is everyone silent on the volvo  "relationship" why exactly is this a secret?? 

moneydigger wrote: This morning I read this and it got me so excited: "Volvo Trucks is beginning series production of the electric versions of the company’s most important product range, its heavy-duty trucks: Volvo FH, Volvo FM and Volvo FMX. These trucks can operate at a total weight of 44 tons and the three models represent around two-thirds of the company’s sales." My prediction was that EXRO had an NDA with VOLVO. I am still convinced of this. It makes sense on the timing of VOLVO's announcement. EXRO also has a project with lead global Automotive OEM which I think is FORD. And lets not forget the partnership with Linamar on the E-AXLEs. Imagine once these partnerships are revealed and going full tilt. Hard not to keep buying this stock on such potential. The sky is the limit. Long and Strong EXRO :)


  
  • The strategic partner will remain unnamed under a non-disclosure agreement ("NDA") through phase one of the partnership (successful validation of partner motor-Exro L040 800V inverter proof-of-concept) anticipated in Q3 2023, after which the parties shall transition to definitive agreement announced with a joint press release.
Once this phase is complete than they will be able to reveal the strategic partner.


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