RE: JV Linamars e-Axle & Exros Coil Driver
In contacted LINAMARS in July, 20th, 2021
I was asking them for the reason why no news in this matter is posted in Linamars press release on our webside.
I received the following answer: "Linamar does not post 3rd party press releases on our webside.
I can confirm it is true and it is a longer term development project and "one of several different solutions alternative technologies we are looking at in Electrification"
Exactly 1 year later on July 17. 2023 I contacted LINAMAR once again more in this matter.
and got from the "Vice President Marketing & Investor Relations" the following answer:
"I can confirm the information contained in Exro's May 15th press release that relates to the Exro-Linamar project. The collaboration between Linamar and Exro achieved a milestone in mid-May when Exro issued their press release announcing the "Definitive Commercialization Agreement".
This means that the Exro samples provided met the required product testing requirements outlined in our development agreement. As outlined the next step in the development is to build a demonstration vehicle with Exro's solution integrated into Linamar's e-Axle system. Focus area for this project to target will be Class 3-6 (medium duty commercial truck) applications."
Some critical questions:
Does Sue really believe that EXRO is really able to win big contracts "NDA's of large car manufacuters" - without of having "EVER PROVED THAT IT'S COIL DRIVER TECHNOLOGY & BCS WORKS??"
For more than two years she tells us big stories, but nothing happens.
What's the reason that until today we NEVER got to see a car that works "BY EXROS EQIPPED COIL DRIVER & BCS TECHNOLOGY?"
And this not "at EXRO in Calgary", however, tested on "neutral ground" at one of THE LARGEST CAR MANUFACURERS IN USA" - Terrence Johnsson the had the best connections in this matter.
Now it's really up to SUE "to deliver" - the shareholders a "no longer to hear always new nice stories and NOTING HAPPENS! Otherwise, I'm sorry to tell this - she has to be fired!
stay long - stay strong