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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 > Rheinmetall Announces First Order for E-Truck Gearboxes
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Post by JohnnyUtah44 on Apr 12, 2023 12:11pm

Rheinmetall Announces First Order for E-Truck Gearboxes

April 12, 2023....Rheinmetall’s Castings business unit recently booked a new order from “a well-known truck manufacturer” for gearboxes specifically designed for use in e-trucks. 

The five-year production run will begin in the first quarter of 2026. However, Rheinmetall and the manufacturer have agreed to a total project lifetime of more than 15 years. The gearboxes will be supplied as fully machined components, which will result in synergies for the Rheinmetall Group, since casting will take place at its plant in Neckarsulm and final machining at its Langenhagen facility.

The company’s e-truck is still at an early stage of development. By cooperating with an established truck producer, the Group aims to jointly develop its gearboxes and introduce them throughout Europe.

Comment by fleetwood on Apr 12, 2023 12:14pm
What are the implications for EXRO?
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