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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 > Patience Needed for NDA
View:
Post by Danno13 on Jan 20, 2024 7:53am

Patience Needed for NDA

Understanding the eagerness surrounding the disclosure of our NDA partners, we acknowledge the excitement and curiosity that comes with revealing the names of major industry players involved with Exro. Our ultimate goal aligns with yours: to proudly announce these collaborations. We are actively working towards milestones that will enable us to lift NDAs, as we have successfully done in the past with notable partners like Linamar and HB4.

The journey towards revealing these partnerships involves navigating through complex sales cycles, particularly in the automotive industry. It's important to recognize the lengthy timeline of automotive product development. A vehicle hitting the roads today has undergone a design and development process that likely started around five years ago. This process includes numerous iterations, extensive supplier testing, and meticulous selection of components, culminating in final design decisions.

Once a powertrain choice is finalized, OEMs (Original Equipment Manufacturers) often maintain confidentiality to protect their competitive edge. Disclosing such information prematurely could reveal strategic details about vehicle types and other proprietary aspects, which OEMs understandably regard as sensitive. As a result, our role involves working within these parameters to ensure our products are integrated effectively and responsibly.

We are excited about the enthusiasm OEMs have shown towards our technology, recognizing its transformative potential. While we cannot provide specific timelines or names at this moment due to industry constraints, we are as eager as you are to share these developments and will do so as soon as possible. In the meantime, we appreciate your patience and understanding as we navigate these complex yet promising partnerships.

Comment by JohnnyUtah44 on Jan 20, 2024 10:18am
....... Just more talking points we have heard many, many times before...... And WHO has created the Inpatients for investors over the last few years ???? .....All the talk about the NAZ, UL, SP, moving Large NDAs out for public view, plenty of $$$, demand that s overwhelming, de risked, and the list is long, very long....mo ....and now they have gone to a Virtual Investors Relations Dept...Lmao ...more  
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