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 > Perfectly normal

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Comment by jboom70on Jul 01, 2024 9:34am

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RE:RE:RE:RE:RE:RE:RE:Perfectly normal

Simple, 6 yrs in and no path to be profitable and minimal sales.

Their pie in the sky projected numbers don't hold up long term.

If you think they will make $200,000 a truck forever your in a dreamland. It is only patchwork so OEM's can say they are doing something and be able to offer a product while they refine theirs.

As for ESS there is a lot of competition in the space. No way they make enough to cover their overhead. This is a failing company and shareholders are the ONLY THING KEEPING IT AFLOAT!!

Sub .30 by EOY.

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