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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 > EXRO: First approval, then grab some market share
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Post by QuantumTime on Jan 11, 2024 2:44pm

EXRO: First approval, then grab some market share

Lots of contract opportunites will be out there:
https://www.power-eng.com/energy-storage/batteries/u-s-battery-storage-projected-to-nearly-double-in-2024/#gref
Comment by u30822 on Jan 11, 2024 2:52pm
Yes, but we need UL Certifcation before  wecan get the sales....
Comment by QuantumTime on Jan 11, 2024 3:04pm
Agreed.  Although they may have complete UL testing by 31 Dec 2023, they still need the UL rubber stamp.  "Shareholders can expect a comprehensive update early in the new year that speak to both the completion of UL standards and purchase orders specifics."
Comment by Swindlesheets on Jan 11, 2024 3:07pm
Now I am lost again-who gives the rubber stamp?
Comment by QuantumTime on Jan 11, 2024 4:30pm
EXRO can perform its own UL 9540 testing under the UL 9540A testing procedure, however UL certification must be issued by UL. EXRO could obtain a Certificate of Compliance with UL 9540A testing, but its is not the same as UL Certification and being able to use the UL 9540 mark. EXRO has already obtained UL 1973 certification for it's BESS. Only a matter of time.
Comment by sorrenson on Jan 11, 2024 4:46pm
Only a Matter of time.  As  is the second coming Cerification q2 2023,  Oops Q3 2023 , Q4 2023   then Cert becomes Testing done ... Customers distributors  and investors  have been sold this story for over a year ,Something is rotten in the state of Denmark
Comment by sorrenson on Jan 11, 2024 4:54pm
Bull    They can easily sell subject to UL approval. Done all the time from everything from homes to jetliners to cyber trucks.   No signed contracts is a serious issue, Sorry 33 verbals  and the check is in the mail dont cut it. Lets not mention VMC 1200   are not using the coil driver and it appears has no plans to do so.  
Comment by QuantumTime on Jan 11, 2024 5:54pm
I guess you didn't hear about the BESS fires.  No one will buy now without UL Cert.
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