Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by Danno13on Jan 31, 2024 7:12am
192 Views
Post# 35854322

Strong Order Book

Strong Order BookSea Electric comes to Exro with a strong order book.In 2024 they have a target delivery of 1000 propulsion tech. system worth 200 million.There 5 year contract with Mac 5,000 propulsion system is worth over a billion dollars of revenue and Hino with 3,500 systems probably worth over $ 700,000 million.Since Sea Electric is based in the USA were probably talking US Dollars.With Exro's revenue starting in 2024 with Linamar,UL Cell drivers,Coil drivers and more we should do extremely well.We will be attracting the Institutional Investors with this type of revenue coming in.So yes Sea Merging with Exro was a smart move and more deals will be signed this year that will increase revenue even more.
<< Previous
Bullboard Posts
Next >>