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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 ExroCuriouson Sep 13, 2023 10:24pm
137 Views
Post# 35635199

RE:Technology

RE:TechnologyThose companies trade on NYSE and Nasdaq right? There are broker apps like Merrill Lunch here in the states that prevent us from buying Exro...not sure if that's a TSX issue  as this is the only Canadian stock I've tried to purchase, when I called they said it's too speculative so anyway could it be the exchange? I also feel they are valued by the market as an auto sector company not a tech one even tho tech in the name. That sector gets trashed and so conservative. I feel too they are past the speculative stage where they don't have any product and the market is full
of hope for it....now there is low volume POs so a trickle of revenue and I just feel the market says "ok $300 mil market cap yeah it's fairly valued with the low volume $$ they'll pull in for the foreseeable future." Of course we're all hopeful the  NDAs work out and result in large volume production but there are no revenue projections by company etc
etc and lastly dilution and warrants keeping this share price where it is for forseeable future. But I'm still a noob investor so what do I know , it's all MO as Johnny would say 
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