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 > Mevco and Exro

<< Previous

Bullboard Posts

Next >>

Post by Danno13on May 27, 2024 10:44am

192 Views

Post# 36058790

Mevco and Exro

Let me provide some information about MEVCO and Exro Technologies:

MEVCO:
- MEVCO is a company that focuses on electrifying light vehicles, with a specific emphasis on tailoring electric vehicle (EV) technology to meet the needs of the mining sector.
- They have partnered with Exro Technologies to convert models into all-electric battery-powered vehicles, thereby accelerating the transition toward a zero-emission future 1.
Exro Technologies:

In summary, both MEVCO and Exro Technologies play crucial roles in advancing electric mobility and contributing to a sustainable future.
- Exro Technologies Inc. (TSX: EXRO, OTCQB: EXROF) is a Canadian company specializing in advanced power electronics for electric vehicles.
- Recently, Exro announced a merger with SEA Electric Inc., a company that produces the SEA-Drive propulsion technology for commercial vehicles.
- When integrated with Exro’s patented Coil Driver™ technology, SEA Electric’s propulsion system provides an end-to-end solution with enhanced performance and improved total cost of ownership for electric commercial vehicles.
- Notably, SEA Electric’s technology has been validated by large blue-chip original equipment manufacturers (OEMs) such as Mack (Volvo) and Hino (Toyota).
- The combined company aims to deliver more than 1,000 propulsion technology systems to these OEMs in 2024, with aggregate revenues forecasted to exceed C$200 million for the calendar year 2024.
- - The merger positions Exro to amplify its growth with new partners while continuing to develop existing relationships, ultimately strengthening its competitive positioning in the EV technology space 2 3.