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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 sorrensonon Apr 05, 2024 2:29pm
98 Views
Post# 35973496

RE:Put some perspective on it

RE:Put some perspective on it Of course in Feb 23   the UL was just months away  and production was to begin in Sept 2023  and they were going to produce and sell before YEAR END   

100  coil drivers to SEA ,OUT OF 1500   ( SEA also claim in Jan 2023 they signed a 8500 unit deal with Mevco and first shipment Apr 2023  ..1 year late NONE
975  to VMC out of 2500  ( less than 10 busses on order if any and not to be used in VMC1200
1000 to evTS    who??
and 4500 Kw-hr worth of cell drivers 

And by   end of Dec 2023 they hadve sold ZERO 

But lets not forget  multiple NDA's including OEM automotive 

Jan 2023  
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tamaracktop wrote: When Exro hit $3.06 in February 2023, there were 147 million shares outstanding.

In the scheme of things, the market cap isn't a whole lot more today than it was then,  but to my mind, the company's geographical market is much bigger.

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