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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

Comment by PennyStockAppon Dec 29, 2023 11:54am
150 Views
Post# 35804076

RE:RE:The Exro Cell Driver benefits/advantage

RE:RE:The Exro Cell Driver benefits/advantage

Exro Technologies' Role in Energy Storage

As California's solar landscape adapts to the realities of NEM 3.0, Exro Technologies emerges as a pivotal player by offering innovative solutions that align with the new policy's emphasis on energy storage. Exro's Cell Driver™ Commercial and Industrial Battery Energy Storage System is particularly relevant under NEM 3.0, as it enables solar customers to optimize their energy usage and maximize the economic benefits of their solar systems. This technology allows for more efficient storage and usage of solar-generated electricity, mitigating the impact of reduced export rates by storing excess energy for later use when solar production is low, or grid prices are high. By integrating Exro's advanced energy storage solutions, solar customers can enhance their self-consumption, reduce reliance on the grid, and navigate the financial landscape of NEM 3.0 with greater confidence and efficiency. Exro's role in this transition underscores the growing importance of energy storage technology in ensuring the viability and sustainability of solar investments in the era of changing net metering policies.

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