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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.


TSX:EXRO - Post by User

Exro Technologies Inc > Innovation Project Success
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Post by Useremanon Dec 28, 2023 10:50am
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Post# 35802595

Innovation Project Success

Innovation Project SuccessThis is what Sandy Munro was most excited about during the recent interview: an induction motor without rare earth magnets and what brought on the huge smiles and chuckles from Sue and Eric not once but twice during that segment from 7:35 to 11:35.

"With respect to the innovation project with our leading global automotive OEM partner, we are very pleased to report that Exro was notified today that the project has been approved to progress to the next phase. This marks a significant stage gate and milestone for "Exro.

Together with our NDA partner, we have completed a rigorous simulation phase to design a Heavy Rare Earth/Rare Earth (HRE/RE) free optimized motor and Coil Driver inverter system. The optimized design demonstrated the ability to meet the stringent performance and efficiency targets for passenger vehicles with this type of machine while meeting challenging mechanical and system criteria.

We will now ramp up preparations for the second phase of the project which will consist of the passenger vehicle prototype development for delivery and testing together with our OEM partner in 2024."

https://www.exro.com/news/exro-provides-operational-update-in-2023-year-end-shareholder-letter
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