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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 Oct 20, 2024 10:22am
151 Views
Post# 36273634

Volvo The company also took a major step to address supply c

Volvo The company also took a major step to address supply c

The company also took a major step to address supply chain issues at Mack.

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Lundstedt said Volvo in October completed the purchase of an unnamed company that had been slow in supplying bodies-in-white for Mack. With the deal, Volvo is taking over this operation.

“Mack has been hampered by supply disturbances of cabs, which resulted in significantly lower volumes than expected,” he said. “Order books for Mack are elevated. So it is a very high priority to serve our customers on this topic. Now, this production is brought in-house. I was personally involved — together with a fantastic team during the summer — to conclude this. We took it over at the end of [Q3]. By adding resources, and leadership, output will gradually improve here.”
 

Lundstedt added that while this issue has hampered Mack for a while, he’s optimistic things will improve for the brand.

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