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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

Post by up2005on Mar 06, 2024 10:30pm
140 Views
Post# 35919583

The longs like me IMO will be disappointed.

The longs like me IMO will be disappointed.Sue has tried to pitch a good corporate storyline. The proof is lack of contracts and revenue. The burn rate is hugh. Upper management have been extremely well compensated at the expense of the small retail investor. The coil and cell drivers were a great story but the results have shown the market has just not matured enough and adopted this solution, YET?

I have been in the deal for years and am well under water. I am concern about this merger, the longterm strength of Sea Electric and holding on for a possible turn-around tale OR a go down with the ship ending.
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