RE: EXRO and its Coil Driver & BCS/Linamar/SEA Electric
1rst I have some critical questions concerning Sue:
As long as we have NEVER got to see if Exro's "Coil Driver & BCS" effektively work I ask me more and what's the reason?
In 2022 Exro Technologies got 3 Awards. For what and which technology? Coil Driver & BCS?
Take a look into "Exro's press release" of November 17, 2021
There is clearly written: EXRO PARTNER SUCCESSFULLY INTEGRATES COIL DRIVER INTO ELECTRIC COMPACT CAR FOR EUROPEAN MARKET!
IS THIS A JOKE?.....
If Exro was unable till 2 years to present it's Coil Driver Technology that is really works at one of the worldwide largest International Car Exhibions in Detroit, Frankfort and Shanghai I have my doubts
how Exro wants to convince the NDA's - that in tests of 200'000 miles or more worked without of any problems. But this news belongs into a global newspaper/TV show/international technical journal!
Normally NDA's would like to see at first facts and not buy the cat in the bag!
BUT NOTHING, REALLY NOTHING - HAVE THEY NO PR AND MARKETING DESK??
2nd Now to the positive points:
Wolong Electric Group
Partnering with Wolong Electric - Top Three Global Motor Manufacturer
Wolong Electric Group is a worldwide famous industrial automatioln supplier and one of the world's top three motor manufacturers. Founded in 1984 the business covers more than 100 countries and regions around the world and ownership of a family brands including ATB Group, Brock Crompton, GE Industrial Motors and others
Since 2015 Wolong has maintained a greater than 10% market share of electric vehicle motors supported by on of the world's most advanced intelligent manufacturing factories in the motor industry with an annual production capacity of 500'000 units!
Strategy partnership is intended to leverage Exro's Coil Driver technology and Wolong's motor design and manufacturing capabilities to develop next generation electric vehicle powertrain solutions in the Americas, withe the potential to expand globally!
1) The agreement consists of two phases:
System development, whereas Exro will test motors provided by Wolong and develop a complet motor driver system.
2) Commercial plan to market, sale and supply the motor interver solution
3rd) TARGET KEY CUSTOMERS FOR THE PARTNERSHIP'S POWERTRAIN SOLUTIONS INCLUDE "MERCEDES-BENZ - GEELY AUTOMOTIVE - ZFGroup (GERMANY) - and others
May 15th 2023 LINAMAR
EXRO & LINAMAR CORP. sign Definitive Commercial Agreement to serially produce and commercialize the parties integrated electric beam e-axle product with Exro's Coil Driver for 3-6 vehicles.
SEA Electric
In Ocober 2020 Hino Trucks (100% owned by Toyota) announces - zero emissions partnership with a JV with SEA 50:50%
February 9th 2021 Exro strenghtens Partnership with SEA Electric to Accelerate Development of Exro's BATTERY CONTROL SYSTEM (BCS) and became a shareholder of SEA by investing USD 5 Million
October 2021 SEA received it's largesgt truck order in history of more than 1'000 Hino MS
At that time EXRO was already a shareholder of SEA? Therefore what's Exro's investment of USD 5 Million worth in the meantime? Has Exro ever profited of these orders?
NDA's Partners Update (Year end shareholder update of December 2023
There was to read:
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 FREE OPTIMIZED MOTOR AND COIL DRIVER INVERTER SYSTEM!"
AN ADDITIONAL NEW TECHNOLOGY!
STAY LONG - STAY STRONG