F59

Exro Releases Q1 2024 Letter to Shareholders

Retrieved on: 
Monday, January 15, 2024
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CALGARY, AB, Jan. 15, 2024 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean-technology company that develops new generation power-control electronics that expand the capabilities of electric motors and batteries, is pleased to announce the release of a Q1 2024 letter to shareholders.

Key Points: 
  • CALGARY, AB, Jan. 15, 2024 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean-technology company that develops new generation power-control electronics that expand the capabilities of electric motors and batteries, is pleased to announce the release of a Q1 2024 letter to shareholders.
  • Indicated in our December shareholder letter and as tradition holds, this Q1 2024 shareholder letter outlines our strategic focus areas for 2024 and references notable strides completed over the past twelve months.
  • Exro recently held in-person management work outs to chart out the strategic plans for the 2024 launch and marketing of the E-Beam Axle program.
  • As we enter 2024 Exro continues to execute its capital markets strategy to ensure we are adequately funded to deliver to customers and shareholders.

Exro Technologies Provides Operational Update and Announces Third Quarter 2022 Financial Results

Retrieved on: 
Friday, November 11, 2022
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"Our Q3 results demonstrate Exro's tenacity to continue to advance our products, our partnerships, and our business through a challenging macro environment.

Key Points: 
  • "Our Q3 results demonstrate Exro's tenacity to continue to advance our products, our partnerships, and our business through a challenging macro environment.
  • Through 2022 the Company has continued to focus on delivering results to its strategic partners, progressing partners towards commercialization and initial purchase orders linked to multi-year master sales agreements.
  • Following successful validation of the e-Axle program, Exro is confident of entering into a definitive contract that represents future commercial collaboration.
  • Exro continues to recruit top talents and increase the awareness of its technologies and progress.

Exro Technologies Signs Multiyear Agreement with SEA Electric to Supply Coil Drive Systems for Next-Generation Commercial Electric Vehicles

Retrieved on: 
Tuesday, August 16, 2022
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Exro will supply development partner SEA Electric with high-voltage Coil Drive Systems, comprised of a high-voltage Coil Driver and an electric motor,beginning with a pilot in Q42022.

Key Points: 
  • Exro will supply development partner SEA Electric with high-voltage Coil Drive Systems, comprised of a high-voltage Coil Driver and an electric motor,beginning with a pilot in Q42022.
  • Under the agreement, SEA Electric will purchase high-voltage Coil Drive System units from Exro, along with a production slot, system pricing and commissioning services.
  • These testing phases will culminate with series production Exro 400V Coil Drive System units.
  • The agreement commences with delivery of up to 25 Coil Drive System sample units comprised of a high-voltage Coil Driver and an electric motor.

Motiv Power Systems Passes Industry-Leading Safety Testing on its All-Electric Technology

Retrieved on: 
Tuesday, December 7, 2021
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Already ahead of the curve is sustainable technology company Motiv Power Systems .

Key Points: 
  • Already ahead of the curve is sustainable technology company Motiv Power Systems .
  • Motiv Power Systems EPIC4 is the first medium-duty class 4 electric vehicle (EV) to pass this type of validation, providing added safety to drivers and passengers of the many all-electric trucks and buses built using the Motiv EPIC4, including school buses.
  • As a broad-spectrum technology application, ESC plays a vital role in the future of EV safety.
  • Motiv working with TRC to achieve this milestone certification is the next step in furthering the company's already mature technology.

Exro Company Webcast Announces Partner Milestones and First Vehicle Integration of its Coil Driver Technology

Retrieved on: 
Thursday, October 7, 2021
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Highlights from the webcast include the completion of the Coil Driver installation with Potencia Industrial that marks the first vehicle integration for the technology and successful performance testing with Zero Motorcycles.

Key Points: 
  • Highlights from the webcast include the completion of the Coil Driver installation with Potencia Industrial that marks the first vehicle integration for the technology and successful performance testing with Zero Motorcycles.
  • During Exro's first quarterly webcast hosted by CEO Sue Ozdemir, shareholders received partner, technology and company updates, as well as an opportunity to engage directly with Exro.
  • Exro has been collaborating with Zero Motorcycles to integrate Exro's Coil Drive technology into a Zero motorcycle to improve powertrain performance.
  • Beyond partner updates, the webcast covered recent company updates such as the successful completion of AVL's third-party testing of the Coil Driver .