RE:RE:I have a different take on it
RE: Pandora's questioon of 12/28/2023 5:03.47PM
So is SEA Electric actually a major competitor to EXRO?
This question makes no sense: WHY?
1rst) In February 2021 SEA Electric & Exro strenghten partnership with strategy investment.
By investing USD 5 Million Exro became a new shareholder of SEA.
They are certainly to compete another!
In Exro provides Operational Update in 2023 Year-End Shareholder Letter of December 20th, 2023
2nd) Sue wrothe under point SEA Electric (page 2)
Exro has successfully completed first track testing validation requirements for its Coil Driver system in its project with propulsion technology partner SEA Electric. Beyoond validating Coil Driver, these tests underscore our system's exemptional capabilities in increasing performances, marking significant stries for medium-duty commercial vehicle electrification. Notably we validated gains in efficiency and performance breakthroughs strengthen our partner-ship with SEA Electric and build potential amongst our current respective OEM customers, while positioning NotablyExro has a leader in the substainable commercial transport sector!
I hope I have anwered your question with my reply.
stay long - stay strong