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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

Post by Wriggleson Nov 27, 2023 3:19pm
361 Views
Post# 35754973

The EV Graveyard

The EV Graveyard
 
 
At the Fully Charged expo in Vancouver, a panel of pundits was asked to identify which EV OEM was most likely to end up in the EV graveyard by 2030.  Sandy Munro's answer is given at Min 25:18 of the link, and it might surprise you....Volkswagon.  
 
His argument was that the unions own a big piece of the company and that they are not receptive to new technology that could result in job losses. 
 
He used giga casting as an example.  But he just as well could have cited software.  VW's CEO reportedly was fired last year because of his failure to deal with the union and software issues.  
 
Perhaps Sandy was being facetious. But he brings home a point.  OEMs can't disregard the unions when making investment decisions.
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