Exro Technologies Inc T.EXRO

Why coil driver will be cheaper in 2025?

[Napcoo]

Exro projected to sell 1k coil drivers in 2024, worth 17 Mln, 10k in 2025, worth 84 mln, half price in 2025?

[jboom70]

Where is that info.? 1000units for 17 mil  is $17 000 per unit.  That's nuts? And why I figured no one is buying!

[Napcoo]

On SEDAR website, exro filed on January 30

[SIMPLICITI1]

Napcoo,  Have you done any due diligence on this company, its products or the opportunities at hand?  The Coil Driver isn't just one SKU. There are at least 4. And each one is different with different price points. The revenue projections reflect that reality.  The 2024 revenue suggests that the sales will be heavily sku'd towards the more expensive units.  Try to do

[Napcoo]

That's one way to say it, meaning there would be coil drivers for passenger vehicles? Given the delay in everything, I would not count on it. On the other ways, how could you make it cheaper if only 1000 units sold, these are supposed to be mass production, not in Mom and Pop shop

[sorrenson]

1000 units 2024  ..funny that   May 2023 they were advertising theire would be 2200 in 2023 and 8725 in 2024   I would put no value in forward looking statements from these people Yes this is paid advertisement  by EXRO

[jboom70]

Mack 5000 over 5 and Hino 3500 over 3. If full sales. That's 2166 a year, so they are saying they WON'T hit top end sales. Funny 1000 is a nice round number, call'n B.S. They have no idea who,if or when PPL will buy this year. If there was a backlog there are enough PPL in the know now that would be scooping up shares.

[Napcoo]

Actually exro estimated to be 1.2k units in 2024, my guess it won't make much difference, so I learned from exro, de-risked meaning high risk, on track meaning they had extremely fear that it won't, finance won't keeping her from sleeping well at night, meaning we are going to as investors

[jboom70]

Big picture EV's are not selling as much now. Ford, GM and others are lowering production numbers because of lower demand. I can't see it being different in the heavy truck space. we need a different fuel source but it doesn't have to be electric. Take a peek at Nikola, stock is beat up but they are refining their teck and have longer ranges and quicker fuel times.

[sorrenson]

Nikola ?? Stock is beat up because the CEO is jailed for fraud  The entire management should have life as they all knew it was a scam. Investing in Nikola is like investing in BRE-x after they tossed the corpse out of the helicopter 

[jboom70]

That's the past, they are now just inproduction an have delivered 40+ units.  LINK They are ahead of Sea and the tech works in the trucking industry better by far. Link

[sorrenson]

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