Michael Daingerfield

Exro Announces Major Milestone with Linamar e-Axle Phase One Project Completion and Provides Operational Update

Retrieved on: 
Wednesday, November 30, 2022

The project now transitions to the second and final phase which includes electric axle ("e-axle") integration, testing, and validation by Linamar.

Key Points: 
  • The project now transitions to the second and final phase which includes electric axle ("e-axle") integration, testing, and validation by Linamar.
  • "Phase one completion of our project with Linamar marks a major milestone for the project, and a significant corporate milestone for Exro", said Exro CEO, Sue Ozdemir.
  • We look forward to the next phase of the project and to an exciting future with a great partner."
  • Exro is pleased to report that the Company has completed phase one of the project marking a significant project, and corporate milestone.

Exro Technologies Announces Second Quarter 2022 Financial Results

Retrieved on: 
Friday, August 12, 2022

Exro is on track to commission the phase one assets in the second half of 2022.

Key Points: 
  • Exro is on track to commission the phase one assets in the second half of 2022.
  • CALGARY, AB, Aug. 11, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF)(the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today its financial results for the six months ended June 30, 2022.
  • "Despite a volatile macro environment through the first half of the year, Exro successfully achieved a number of key milestones during the second quarter," said CEO Sue Ozdemir.
  • As we look to the second half of 2022 and into 2023, we are excited to continue to execute for our shareholders.

Exro Announces Partner Milestones, Technology and Company Updates Via Live Webcast

Retrieved on: 
Thursday, July 14, 2022

CALGARY, AB, July 14, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF)(the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today mid-year company updates in a live webcast and the presentation file will be available on the Company website here .

Key Points: 
  • CALGARY, AB, July 14, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF)(the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today mid-year company updates in a live webcast and the presentation file will be available on the Company website here .
  • Exro's technology is ideally positioned to evolve and engage alongside the electrification of transportation regardless of propulsion technology marketdirection.
  • During today's live webcast, Exro CEO Sue Ozdemir shared a virtual tour of the Company's state-of-the-art sustainable manufacturing facility in Calgary.
  • Exro is a clean technology company pioneering intelligent control solutions in power electronics to help solve the most challenging problems in electrification.

Exro Technologies Announces First Quarter 2022 Financial Results

Retrieved on: 
Thursday, May 12, 2022

Exro received the Gold Edison Award for Best New Product in manufacturing, logistics and transportation at the 2022 Edison Awards.

Key Points: 
  • Exro received the Gold Edison Award for Best New Product in manufacturing, logistics and transportation at the 2022 Edison Awards.
  • CALGARY, AB, May 12, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company which has developed a new class of power electronics for electric motors and powertrains, announced today its financial results for the three months ended March 31, 2022.
  • Activity in the quarter focused on the construction of the company's world-class, automotive certified ready manufacturing center in Calgary, Alberta.
  • Exro remains on track for the commissioning of phase one of the manufacturing facility by the end of 2022.

Exro Signs Multiyear Agreement with evTS and Announces Initial Purchase Order for 1,000 Coil Drive Systems Starting in 2023

Retrieved on: 
Wednesday, May 11, 2022

evTS signs purchase order with Exro for a first lot of 1,000 Coil Drive System units with initial deliveries beginning in 2023.

Key Points: 
  • evTS signs purchase order with Exro for a first lot of 1,000 Coil Drive System units with initial deliveries beginning in 2023.
  • After months of development under NDA and integration into evTS Firefly vehicles, Exro will supply its 100V Coil Drive System.
  • The companies worked together to integrate Exro Coil Drive System technology into Firefly vehicles to optimize the performance of the powertrain.
  • The agreement commences with an initial purchase order of 1,000 Coil Drive System units, which consists of a Coil Driver controller and an optimized electric motor.

Exro to Repurpose evTS Electric Vehicle Batteries into Second-Life Energy Storage System

Retrieved on: 
Thursday, December 16, 2021

CALGARY, AB, Dec. 16, 2021 /PRNewswire/ -Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF)(the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today a development partnership with ev Transportation Services Inc. ("evTS"), a Boston-based specialty electric vehicle manufacturer, to repurpose batteries from evTS' pure-electric FireFly ESV commercial utility vehicle for second-life battery energy storage applications.

Key Points: 
  • CALGARY, AB, Dec. 16, 2021 /PRNewswire/ -Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF)(the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today a development partnership with ev Transportation Services Inc. ("evTS"), a Boston-based specialty electric vehicle manufacturer, to repurpose batteries from evTS' pure-electric FireFly ESV commercial utility vehicle for second-life battery energy storage applications.
  • Exro's Energy Storage System (ESS), equipped with its Battery Control System (BCS) technology, can extend the retired electric vehicle (EV) batteries into a second life and demonstrates Exro's ability to reduce both carbon emissions and rare earth material consumption.
  • "By partnering with Exro, we hope to further bolster the environmentally friendly profile of our vehicles providing our batteries with a second-life as an energy storage system," said Greg Horne, Chief Technology Officer at evTS.
  • "As electric vehicle batteries reach end of first life, we know there is a growing market for LFP batteries that can be repurposed for second-life energy storage applications," said Sue Ozdemir, CEO of Exro.

At 15.6% CAGR, (ESVE) Electric Vehicle Supply Equipment Market Size was worth USD 14.04 Billion in 2020, Says Brandessence Market Research

Retrieved on: 
Tuesday, August 17, 2021

In addition, another major factor for the growth of global electric vehicle supply equipment (ESVE) market is due to increasing investments by governments to develop electric vehicle.

Key Points: 
  • In addition, another major factor for the growth of global electric vehicle supply equipment (ESVE) market is due to increasing investments by governments to develop electric vehicle.
  • Key Benefits for Global Electric Vehicle Supply Equipment (ESVE) Market Report:
    Global Electric Vehicle Supply Equipment (ESVE) Market report covers in depth historical and forecast analysis.
  • Global Electric Vehicle Supply Equipment (ESVE) Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
  • Global Electric Vehicle Supply Equipment (ESVE) Market report helps to identify opportunities in market place.