Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by up2005on Nov 16, 2023 9:10pm
159 Views
Post# 35740418

Massive burn rate. Top heavy with little to show.

Massive burn rate. Top heavy with little to show.Share price $ 1.41 moving into Tax Loss Selling season market wide. Then you look at the inventory ballooning for Ford and GM, 2 years ago people were bidding up EV prices, today Ford will loss 4.5Billion with EV's sitting on lots. Yes our coil driver technology can help reduce costs to EV manufacturers, the sticker price of the average Canadian EV is $ 67,000.00 some spend more others less. China just rolled out a $ 10,000 base model EV. They don't need or want our coil driver tech. So where are the big contracts? I have been inn this from the beginnings, had plucked away over the years adding to my position. Haven't bought or sold in 14 months. Was waiting for the launch. Will see what Sue has to say on the 11/20/23 webcast. 
<< Previous
Bullboard Posts
Next >>