Bullboard - Stock Discussion Forum Exro Technologies Inc T.EXRO

Alternate Symbol(s): EXROF | T.EXRO.WT | T.EXRO.WT.A

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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

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Exro Technologies Inc > Latest NDA

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Post by Kappyo on Mar 04, 2023 7:31am

Latest NDA

strategic partnership is intended to leverage Exro’s Coil Driver™ technology and the NDA partner’s design, manufacturing, and supply capabilities to develop next-generation power train solutions for electric commercial vehicles and off-highway applications in Europe and North America
This is a key quote from the recent news release. Exro will benefit from our partners design, manufacturing and supply capabilities. This is awesome. Exro just cranks out the new 800v inverters at our new proven facilities and voila...they do the rest with their expertise and market to existing customers. I believe that Exros ramp up to profitability is going to surprise a lot of people! The partner we believe is involved has facilities in the US, and collaborates with GM, thus the presence in both Europe and the US. What is not to get excited about...maximum leverage!

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Comment by JohnnyUtah44 on Mar 04, 2023 8:36am

..... Yep Kappyo, same thing Linamar is suppose to do, Exro should have 2 Heavy Global Partners by EOY !!!! .... This is my fav and to me is saying Joint Venture or Licensing Deal with the new NDA....MOO the parties shall transition to a definitive agreement for strategic partnership which will outline volume targets, sales and marketing plans, price and production targets, and ...more

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Comment by JohnnyUtah44 on Mar 04, 2023 8:59am

.... and remember that off-highway means .....Military Vehicles for the new NDA..... $$$$

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Comment by thefourth on Mar 04, 2023 9:14am

It would make sense to me that this new NDA partner is a company that produces the electrical motors that go into common brands of EVs hence Darrell's comments on commonly seeing their products in parking lots. I'm sure EXRO (Sue) did her homework or had intimate knowledge of which motor manufacturers EXRO should partner with. After all, that ability is right in her wheelhouse. ...more

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Comment by Kappyo on Mar 04, 2023 11:24am

The company which myself and JU feel is the new da partner is Rheinmetall, headquartered in Germany, with facilities in other countries including the US. Here is a list of automotive parts they make for OEMs and aftermarket. emissions pumps solenoid valves actuators bearings pistons block castings suspension protection and housing camshafts and ELECTRIC TRACTION SYSTEMS!!! all as per their ...more

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