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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 jboom70on Sep 28, 2024 8:50am
394 Views
Post# 36245226

Have you actually read the PR?

Have you actually read the PR?"pleased to announce its automotive OEM partner, Stellantis N.V. ("Stellantis"), with whom it had previously signed a Non-Disclosure Agreement ("NDA")"

So they have a NDA, like all the others and have nothing to show for it.


" approximately 14 months of work completing the first phase focused on integrating the Exro Coil Driver® technology into Stellantis'"

Not being used in there tech, no contract, and only the first phase of trials. So just trials, note ALL the other trials that have gone no where.


"Exro is pleased to announce its recognition as a finalist for Best Supplier in the Innovation Category in the prestigious Stellantis Supplier Awards 2024."

LINK

NOT a winner but just one of the 200 companies that took part of the awards. So they are just bench testing a Stellantis drive train in house and this "first phase" has taken them 14 months.

THINK ABOUT IT. Not really something to get excited about as they have done this with more than 20 other companies and no contracts. They are just testing with ZERO commitment from Stellantis.
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