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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

Post by Napcooon Jul 11, 2024 5:23pm
165 Views
Post# 36129191

Volvo Mack Trucks awarded $208 million in electric vehicle

Volvo Mack Trucks awarded $208 million in electric vehicle Volvo Mack Trucks awarded $208

million in electric vehicle manufacturing grants from Biden administration


Volvo was awarded more than $200 million in grant funding from the Biden administration to support electric vehicle production at three of its locations, including the Mack Trucks facility in Lower Macungie Township.

The Energy Department announced in a news release Thursday that $1.7 billion will be used to support converting 11 shuttered or at-risk auto manufacturing and assembly facilities across eight states to manufacture electric vehicles.

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