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Exro Technologies Inc T.EXRO

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

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

Post by Napcooon Jun 02, 2024 7:31am
210 Views
Post# 36068063

Q2 estimated by analysts to deliver 60 propulsion systems

Q2 estimated by analysts to deliver 60 propulsion systemsRevenue 12 mln, Q3 to deliver 190 sea drives, revenue 38 mln, this was adjusted to exro recent claim to deliver 150 sea drives, coil and coil drivers will contribute meaningless revenue if not zero. Exro should have bounded orders for this year, if not having delivery issues, we will see this in early August.

Exro repeated saying UL and one of the previous discussed NDA should both be announced in Q2 which is June.

If none of the above mentioned come true, where will we be? We welcome the shuffle in the management, and employees, I myself put a serious doubt on the delivery and the technology, our future seems to be the sea drive, which is the combination of motor, battery and Inverter (s), plus software by a few people at sea, bug free and highly advanced? Why Mack, Hino and a few retrofit ers chose it? Simplicity and deloyable? And cheaper by using components from overseas, rendering coil driver's savings and performance enhancement to be debatable
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