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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 Useremanon Jun 26, 2024 6:39pm
119 Views
Post# 36107978

RE:RE:Good Post from (Xronly)

RE:RE:Good Post from (Xronly)Why new technology takes a long time to be utilized, especially when you are dealing with the automobile industry.  (See minute 4.)  "There's a reason why:  they are new.  They are different - people are scared of change - maybe."  Sue came on board in Augues 2019 to bring the coil driver to the OEM's.  That's a more honest time to evaluate EXRO.  

https://www.youtube.com/watch?v=SRUb-Dz2Vx0


Who knows Tesla may be evaluating EXRO right for this low or no PM motor.  I believe only the coil driver can deliver this invaluable benefit. 

"We are excited to share a new technology advancement for Exro as we release data that shows the Coil Driver, paired with a rare-earth-free induction motor, achieves better performance and better highway efficiency when compared with well-known highly efficient permanent magnet systems. Through electric gearing, the Coil Driver™ enables the use of rare earth free electric motors to meet or exceed performance requirements of today's leading automotive OEM applications which all utilize permanent magnets in their technologies."

https://finance.yahoo.com/news/exro-provides-corporate-letter-shareholders-103000293.html

Stay tuned.



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