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Exro Technologies Inc T.EXRO

Alternate Symbol(s):  EXROF | T.EXRO.WT | T.EXRO.WT.A

Industrials
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

Exro Technologies Inc > Just down the road
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Post by Pandoraon May 20, 2024 11:37pm
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Post# 36049367

Just down the road

Just down the road
Maybe Exro could sell their tech to this outfit which is just down the road in Casa Grande from Mesa.

LCID | May 6, 2024
  • Produced 1,728 vehicles in Q1; on track for annual production of approximately 9,000 vehicles
  • Delivered 1,967 vehicles in Q1, up 39.9% compared to Q1 2023
  • Q1 revenue of $172.7 million
  • Successfully raised $1.0 billion via private placement to an affiliate of the Public Investment Fund (PIF)
  • Ended the quarter with approximately $5.03 billion of total liquidity

NEWARK, Calif., May 6, 2024 /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced financial results for its first quarter ended March 31, 2024. The earnings presentation is available on its investor relations website (https://ir.lucidmotors.com).

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