Post by
JohnnyUtah44 on Mar 12, 2023 3:11pm
Introducing the World’s Safest and Most Advanced Energy Stor
..... for a group of Engineers, this is a Very BOLD Statement Exro is making, if they are correct, then this Unicorn will grow faster than the CD side ( I mean traction invertor, lol).....soon....MOO..... I see an easy JV soon......
from Exro's Catalog- Introducing the world’s safest and most advanced Energy Storage System, equipped with our proprietary Battery Control System™.
Exro has developed a new Energy Storage System, the Cell Driver™, that bridges the performance-cost gap for stationary energy storage applications.
The Exro Cell Driver™ offers an increased depth of control over battery cells, resulting in superior charging, deeper discharge rates, enhanced safety, and continuous operation.
This enables commercial and industrial buildings to manage energy consumption, safeguard against grid outages, store energy produced Cell Driver™
Introducing the world’s safest and most advanced Energy Storage System, equipped with our proprietary Battery Control System™. on-site, and realize benefits through peak shaving and load shifting.
Cell Driver™ is also equipped with Exro’s proprietary Battery Control System™, that actively manages cells based on their State-of-Charge (SoC) and Stateof-Health (SoH).
This enables micro-protection mechanisms to electronically isolate faults, significantly reducing chances of thermal runaways, without any disruptions to system operation.
Combined, the Exro Cell Driver™ confronts challenges facing the stationary energy storage market and also provides an optimal solution for influx of retired electric vehicle batteries with its active cell balancing functionalities.
Comment by
Kappyo on Mar 12, 2023 3:38pm
And sales can begin as soon as the UL rating is in place. Exro has stated that that will happen in the 2nd quarter, and there will be revenue coming in beginning July or August...not far off and I would expect the market to reflect that somewhat in advance so, like, a, starting any day now!
Comment by
tamaracktop on Mar 12, 2023 4:14pm
Absolutely the market looks ahead. Any day now is right! As far as the market's concerned, the next 6 months is tomorrow. Anyone here looking for new highs this month?
Comment by
Flyer47 on Mar 12, 2023 4:16pm
UL approval is expected within the next 16 weeks. Persoanlly I am expecing it sooner rather than later as the UL approval process is very good.
Comment by
Kappyo on Mar 12, 2023 6:42pm
Personally, I would like to see a JV partner finance the ESS side, and then spin it off. Sue has plenty to tend to with the CD side...the area of her expertise. The two companies could continue on in as close collaborations as necessary.
Comment by
tamaracktop on Mar 12, 2023 9:38pm
No ! No way! They haven't done enough grunt work yet. The only way this will play out in terms of an equity investment that benefits today’s shareholder is if the company is suitably established before a potential benign equity partner steps up to pay an adequate compensatory premium for a stake.