Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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's NDA Partner in Brazil: WEG
View:
Post by jirooen on Oct 28, 2023 4:08am

Exro's NDA Partner in Brazil: WEG

Exro Technologies has not yet disclosed the identity of its NDA partner in Brazil. However, there are a few clues that we can use to narrow down the possibilities.

First, we know that the partner is a global tier-1 motor manufacturer. This means that it is one of the largest motor manufacturers in the world.

Based on this information, I believe that the most likely NDA partner is WEG. WEG is a Brazilian multinational company that is one of the largest motor manufacturers in the world. WEG is also known for its innovative technology and its commitment to sustainability.

Here are some reasons why I believe that WEG is the most likely NDA partner:

  • WEG is a global tier-1 motor manufacturer.
  • WEG is interested in developing new and innovative motor technologies.
  • WEG has a strong track record of sustainability and environmental stewardship.
  • WEG has a strong presence in Brazil

Of course, it is also possible that the NDA partner is another global tier-1 motor manufacturer, such as Nidec, Denso, or Bosch. However, I believe that WEG is the most likely partner based on the available information.

WEG is headquartered in Jaragu do Sul, Santa Catarina. However, WEG also has a large presence in So Paulo, with offices and manufacturing facilities in the city. The company's latest press release mentions that its team of application engineers is currently on-site in So Paulo integrating high-voltage Coil Drivers into vehicles destined for a large global beverage company. This suggests that WEG is a strong contender for the NDA partner.

WEG has a collaboration with The Coca-Cola Company. In 2022, WEG announced that it would be supplying electric motors and variable frequency drives to The Coca-Cola Company for use in its manufacturing plants around the world. The agreement was part of The Coca-Cola Company's commitment to reduce its environmental impact and achieve net-zero carbon emissions by 2050.

Comment by jirooen on Oct 28, 2023 4:16am
PS. The information about the collaboration between Coca-Cola and WEG comes from Google Bard. But I couldn't find an official source.
Comment by Flyer47 on Oct 28, 2023 9:48am
A lot of good points, how about EXRO finally confirm as was promised for Q3
Comment by Wriggles on Oct 28, 2023 12:15pm
https://stockhouse.com/companies/bullboard?symbol=t.exro&postid=35231727 (the refs in this link are in error)   I had previously suggested that the Brazilian NDA could be Eletra for the reasons given at link.  What convinced me most was that Eletra had received a contract from Brazilian beverage giant AMBEV for the conversion of 102 ICE delivery trucks to electric, and the NDA ...more  
Comment by Wriggles on Oct 28, 2023 12:22pm
should read Volkswagen Caminhes e nibus (VWCO)
Comment by Holdrrrr on Oct 28, 2023 5:16pm
How come half the posts in here read like stories out of  schoolbooks? Nevermind, I'll leave you guys to it
Comment by Holdrrrr on Oct 28, 2023 5:47pm
This reads like it's trying to "teach"  people something as a fact, but the whole thing is speculation.  And conveniently fails to mention the "NDA" could be nothing you mentioned.  It's written like a try hard essay, and even the post title is misleading.
Comment by Holdrrrr on Oct 28, 2023 5:54pm
I do however enjoy the daily "testimonials" about exro license plates, the deep love for the stock etc,. and all that stuff, it gives me good laugh with my morning coffee.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities