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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 SIMPLICITI1on Oct 11, 2023 1:56pm
163 Views
Post# 35679132

RE:Battery Storage is a Key Piece of California's Transition

RE:Battery Storage is a Key Piece of California's TransitionJohnny,
From your post # 35678037

"
.... Hopefully some day we have #s on ESS where the Real $$$ will be made."

What does this statement really say? Part one states that we don't have any numbers but part two implies that you know the numbers that no one else does otherwise why say "this is where the Real $$$ (money) will be made".  
 
How do you know part 2 when part 1 is an unknown. Is this your GUT FEELING? Have you done any significant analysis that you wish to share? I forgot you're not the sharing type.


From my post 35678385

"As to your promotion of the ESS Business and its potential for the REAL PROFITS, I respectfully ask that you present the numbers you are using to make this statement. The BESS business is a very crowded environment as you know."

That was my way of asking you to share by the way. 


From your post 35678492
... "Be interesting once we get numbers and KTM can put his arms around the ESS like he has the CD side....as always do your own ddddd....but keep the info coming KTM".....

So now that we know that you don't have any numbers you are telling us that you will be relying on KTM to interpret whatever numbers we do get , and that you are hopeful they will back up your assertion as to where the Real $$$ will be made.

If KTM's analysis on the Cell Driver side is even close to his predictions on the Coil Driver side, then I totally understand your interest in cozying up to our popular and friendly neighbourhood chiropractor to support your belief system. What better way to prove a point (tongue in cheek of course).

You are placing your faith in KTM's assessment of the CELL DRIVER numbers, right? Remember this is the same person that provided the over the moon revenue projections and valuation predictions on the Coil Driver. So, you are complaining about the Coil Driver, why? Do you expect he'll call for a double or a triple for Cell Driver?

So is he going to change his mind on Coil Driver? Or do you now believe his Coil Driver numbers. 

CONFUSION!

Now, lest you get the wrong impression, understand that I am very, very positive on EXRO's prospects. I do not favour one business opportunity over the other. I want them to do very well in both and the sooner the better. Let the chips fall where they may.  But I do not understand why you insist on promoting one at the expense of the other, particularly when in doing so you heap gobs of criticism on management and those shareholders that support the Coil Driver opportunity.

Reporting on ESS deal announcements that were years in the making is not a reflection on EXRO's ability to prosper in the marketplace. There will be no shortage of opportunities once UL Certification has been achieved. If you believe the CELL DRIVER opportunity is slipping away, then perhaps you don't believe its as big as you would have the board believe.  

That is not advancing EXRO's cause or your investment, (if indeed you have one).

You are now free to report this post to community management on whatever basis you wish. 

I urge you to keep posting. Every now and then you put something out that either makes sense or I agree with. 


Peace Out, 

S
 



 


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