Exro Technologies Inc T.EXRO

#ICYMI Exro Technologies $EXROF connection with WorkHorse W5

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1. June 17, 2021: Exro Technologies and Linamar Corporation entered a strategic development agreement to create an advanced eAxle using Exro's Coil Driver technology, aiming to enhance the performance and reduce costs of Linamar's electric drive solutions. https://www.exro.com/news/exro-announces-strategic-development-agreement-with-linamar-for-electric-drive-solution-to-advance-electric-vehicle-adoption

2. September 7, 2022: Linamar secured a contract to supply a commercial vehicle eAxle program to Workhorse Group, marking a pivotal step in integrating advanced electric drive solutions into Workhorse's vehicle lineup. https://www.linamar.com/linamar-to-supply-commercial-vehicle-eaxle-program-to-workhorse-group/

3. May 15, 2023: Exro Technologies finalized a commercialization agreement with Linamar, granting Linamar exclusivity on the Coil Driver inverter for medium-duty Class 3-6 electric beam axle applications, a critical step in solidifying Exro's technology integration into vehicles like the W56. https://www.prnewswire.com/news-releases/exro-announces-definitive-commercialization-agreement-with-linamar-301825195.html

4. December 20, 2023: Workhorse Group received its first fleet order for the W56 step van integrated with technology from Linamar's eAxle program, with an initial order of 15 vehicles from Mission Linen Supply. https://www.bizjournals.com/cincinnati/news/2023/12/22/workhorse-group-w56-order-electric-delivery-van.html

5. January 3, 2024: Workhorse obtained approval from the California Air Resources Board for HVIP, enabling the production of up to 5,000 W56 units annually, equipped with Linamar's eAxle and Exro's Coil Driver technology. https://ir.workhorse.com/news-events/press-releases/detail/245/workhorse-group-receives-hvip-approval-from-california-air

6. January 11, 2024: Workhorse secured a second fleet order for 15 W56 step vans, demonstrating the demand for vehicles incorporating Linamar's and Exro's advanced technologies. https://ir.workhorse.com/news-events/press-releases/detail/246/workhorse-group-receives-second-fleet-order-for-w56-step-van

7. May 20, 2024: Workhorse reported orders for 68 W56 step vans in the first quarter of 2024, showcasing progress in fulfilling orders and the continued integration of advanced technologies in their vehicles. https://ir.workhorse.com/news-events/press-releases/detail/257/workhorse-group-reports-first-quarter-2024-results

8. August 2, 2024: Workhorse achieved a significant milestone as a California last-mile delivery contractor added the W56 step van to their fleet, further expanding the presence of the W56 in the zero-emission vehicle market in California. https://ir.workhorse.com/news-events/press-releases/detail/268/california-last-mile-delivery-contractor-adds-workhorse-w56

9. August 5, 2024: Workhorse delivered a W56 electric step van to NorCal Transports Inc. This delivery was part of an ongoing collaboration with NorCal Transports, highlighting the vehicle's integration into their operations. The delivery underscores Workhorse's commitment to providing zero-emission solutions for last-mile delivery services. https://ngtnews.com/workhorse-delivers-w56-electric-step-van-to-norcal-transports

10. August 20, 2024: Workhorse's second-quarter results revealed ongoing efforts to advance their EV product roadmap, including finalizing engineering and testing to expand the W56 product offering, enhancing the vehicle's capabilities and market appeal. https://ir.workhorse.com/news-events/press-releases/detail/271/workhorse-group-reports-second-quarter-2024-results

 

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