Exro Technologies Inc T.EXRO

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

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

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Post by bayoubuckson Jun 28, 2024 3:09pm

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Post# 36111294

This looks like the prelude to a spin off.

This is the pattern most companies follow in preparation to spin off the division. They'll need some financials first. Usuallly done to unlock the individual value if the financials are better than the primary company's. Probably late Nov.

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