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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 thefourthon Sep 14, 2023 12:12pm
153 Views
Post# 35636272

RE:Something to Think On....

RE:Something to Think On....

The technology is what it is.  To date there has been quit a bit of information released about it and in the words of our CEO "it has been completely derisive". There's only so much that can be said about all that.

However, with the start of production and the start of a revenue stream, sales, margins and profits etc., that gives our executive something completely new to promote, our business model.


Assuming the SOP goes without any hitches with personnel or equipment EXRO should soon be able to release information of production volumes, sales volumes, shipments, new orders, customers etc.  it will take a quarter or two but they should also be able to give guidance with financial forecast.  That's what everyone is waiting to hear about now, not how wonderful the tech is and much more efficient it makes machines.  That's olds news.  Now we have a business story to tell and that begins soon.

Those are my thoughts.
best regards
thefourth

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