Exro Technologies Inc T.EXRO

EXRO's R&D and future

[Rokas92]

"If" Cell Driver and Coil Driver sales are succesful and we get EBITDA positive, what would be the best course for EXRO? Is acquiring other companies and trying to expand their portfolio making sence in their case? Or continuing to innovate their current products and make them even more efficient is the way to go. Wonder if they have any other ideas and what their R&D department is working on.

[thefourth]

Good question Rokas92.  I'm sure Mr Hustedt is working on making the technology better and perhaps something new but I see them growing the company by penetrating different market rather than just the EV market.  Any electric motor that has a dynamic workplace could benefit from EXRO's tech.  At the time of conception the inventor was looking at ways to make electrical

[Rokas92]

I don't doubt that they are continuously making their product better, since software is a big part of it. Appreciate your comments. Trying to grab other market segments makes total sense. Some are still skeptical about EV's, so we are punching up at the moment, but as time goes on, sentiment will change to the positive. 

[Sarkazoo]

Would definitely be to acquire another company that is adaptable to their technology. It also depends what they see/hear from their customers.

[Pandora]

Magna -- is that Linamar's main competition in Canada? Joint Venture adds 4th Production Facility to Support Con-tinued Growth in EV Market MUNICH, Germany, Sept. 04, 2023 (GLOBE NEWSWIRE) -- LG Magna e-Powertrain, the Joint Venture (JV) between LG Electronics (LG) and Magna (Magna) formed in 2021, announced at IAA Mobility 2023 that it is expanding its footprint with a new facility in

[thefourth]

Rokas92, how about the concept of integrating the CD with LIDAR technology and artificial intelligence?  To be able to see the road ahead and intelligently control the motor for autonomous driving is really not too big a stretch.  I mean we already have the equivalent of blue tooth tricorders, phasers and tablet computers but we're still waiting on the transporters and warp drive