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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 Pandoraon May 24, 2024 11:20pm
149 Views
Post# 36056974

RE:Intertek has a reputation for being slow in approving

RE:Intertek has a reputation for being slow in approving Back in 2022:

On schedule for completion in 2Q23. It is now 2Q24!

T.EXRO

Exro exceeds highest UL requirements to demonstrate best-in-class safety performance during large-scale fire testing of the company's Cell Driver Energy Storage System

  • Introducing Exro's Cell Driver™ - a stationary energy storage system with a strong competitive advantage in commercial and industrial applications.
  • The first phase of UL certification testing is designed to assess an energy storage system's ability to prevent the spread of fire/explosion during a battery cell thermal runaway event.
  • The module design underpinning Exro's Cell Driver required three times the amount of heat to artificially induce a thermal event, and after more than 10 hours of smouldering any fire was still "too small to detect," all contained within a single battery module.
  • Exro's Cell Driver remains on schedule to complete UL certification requirements by Q2 2023.
  • In parallel with the UL certification process, Exro is actively marketing the Cell Driver to secure first pilots and orders with commercial and industrial distribution partners.

On the other hand this was also 2022, but 3Q22:

CALGARY, AB, Aug. 16, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power control electronics for electric motors and batteries, today announced that it has signed an initial purchase order and multiyear master sales and service agreement (the "agreement") to supply 1,500 Coil Drive System units to industry leading commercial electric vehicle company SEA Electric ("SEA"). Today's announcement is the latest in a series of commercial agreements with Exro's development partners.

Seems it is easier and quicker to merge with a Company than it is to get an approval from UL.
What a continuing mystery!
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