Sorry, But....That was a CYA presentation with a few tidbits thrown in to mollify/appease the viewers. But there was nothing really new. The Patent info was old news.
Someone at EXRO that is responsible for certifications and other regulatory matters simply dropped the ball. And Sue forgot to tell us about it.....right away.
I won't go into details but I find it diffult to believe that as of May 8th, the company did not have a good enough handle on the UL/regulatory environment to anticipate as part of their phase 3 certification program. As stated on May 8th 2023......
"Having now completed two of the three certification phases, Exro's Cell Driver ™ is on track to complete UL certification in early Q3 2023, pushed back by approximately three weeks due to scheduling at UL's certification laboratories. UL certification is required prior to connecting to the grid in North America . Certification will be followed by the start of series production for Cell Driver beginning with in-field pilots.....
And the above represented an extension from their earlier press release forecasting certification in Q2, 2023.
I understand how challenging this can be. Even more so now that there is a burgeoning industry nipping at UL's heels to get through the process.
Nevertheless, I am of the opinion that the information contained in the press release has been known to EXRO for some time, weeks at least.
Sue claims to want the company to focus on its core technology and derivitive products that offer the best return on investment.
Yet, we are unable to gather a single member of our team of experts to explain the how, the why and more importantly what remains to be done.
What.... they couldn't have pre recorded someone to address the specifics?
As per a previous post, the BESS business will not be easy and will be further complicated once recycled batteries come into the picture as per UL 1974. The question in my mind is do they have the processes and horsepower to see it through in a timely manner.
GLTA