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.

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Exro Technologies Inc > Just down the road

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Comment by sorrensonon May 21, 2024 9:07am

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Post# 36049638

RE:Just down the road

If the magic beans werent steaming piles of horse manure they could have sold te entire company to real companies like
GM Stellantis , Ford Toyota Tesla Volkswagen , Volvo , Magna, Linamar etc etc etc

Instead they 'merge " with another steaming pile of manure . Neither company has delivered even 1% of the "forecasts " SEA 15000 by 2023 hahahahaha,

Pandora wrote:
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).