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Bullboard - Stock Discussion Forum 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... see more

TSX:EXRO - Post Discussion

Exro Technologies Inc > Exro will pran to open facility in Detroit in 2022
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Post by Judith1958 on Feb 17, 2022 6:09pm

Exro will pran to open facility in Detroit in 2022

Exro launches service division to provide vehicle integration solutions for automakers pursuing electrification

- Exro will plan to open a facility in Detroit in 2022 - "the hearth of automakers industry", to service the top automakers in the region for that are pursuing aggressive electric vehicles.

Sue's job and target IS and HAS TO BE to convice the largest automakers (Audi/Volkswagen - GM - Ford Motor - Stellantis Group. BMW) in and around Detroit that Exro Technologies "Coil Driver" & "BCS" technologies work.  This has to happen in place on the different "test stretches/distances" of these automakers by their own "electric cars" (personal cars) - the worldwide greatest car market potential - in besides of "trucks, buses in partnership with SEA Electric and VICINITY.
They are as well the most potential TIER1 candidates/clients for Exro in the near future.
PROVIDED THAT EXRO TECHNOLOGIES TECHNOLOGY WORKS!

Don't forget that Exro has 2 retired members on its Board of Directors that worked before in leading management & leaderpositions for AUDI/VOLKSWAGEN with 11 cars brands & GM USA ......as well for FORD MOTORS USA.

I hope Exro's news are correct, as after all that happened within of the last few days, weeks and months. Exro can no longer afford it to lie their shareholders in the future. Now the shareholders
want once to see "clear and true facts" on the table!
Comment by Reddale on Feb 17, 2022 8:57pm
It all sounds good to be opening these new facilities but unlike government who just print money apparently without consequence,  businesses have to either sell products to earn money or dilute (punish) share holders as we recently experienced. I truly hope the EXRO is going to announce they are selling product to a major vehicle manufacturer or otherwsie the NASDAQ listing could shape up to ...more  
Comment by Moemoney42 on Feb 17, 2022 10:20pm
That Nasdaq listing got pushed off so far its not even in the cards without a roll back of shares to qualify.. and as I've said before.. if the and when the listing can be executed if the company doesn't have some serious upward momentum, the US shorters will be a tough crowd and make the CDN listing look like a walk in the park. 
Comment by SIMPLICITI1 on Feb 18, 2022 10:46am
Reddale,  What would you have them do, Manufacture in their basements? Dilution? OMG!
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