Exro Technologies Inc T.EXRO

Alternate Symbol(s): EXROF | T.EXRO.WT | T.EXRO.WT.A

Industrials

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.

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Exro Technologies Inc > Guidance

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Comment by SIMPLICITI1on Nov 10, 2023 1:05pm

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Post# 35728838

RE:Guidance

u30822,

Q4 Revenue guidance at the unit levels they've provided for the contracts they have announced won't move the needle. Virtually meaningless.

At this point in their lifecycle, the needle gets moved when they announce deals with the customers they have under NDA. Period.

They need to focus on making sure that any such announcements contain some specificity in terms of production volumes, delivery timelines, CD models etc., etc., etc.

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