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My question is why did those 2 leave? I thought we were on the cusp of greatness? Doesn’t add up.
Not sure how I feel about this:
Exro Technologies is pleased to welcome Eric Hustedt, Leader in Automotive and Power Electronics, As Chief of Engineering
VANCOUVER, B.C. (May 21, 2020) – Exro Technologies Inc. (CSE:XRO; OTCQB: EXROF) (the “Company”) is pleased to announce Eric Hustedt, a proven industry innovator in automotive and power electronics, has joined Exro as its new Chief of Engineering.
As the Chief of Engineering of the Company’s engineering department, based in in Calgary, Alberta, Hustedt will be instrumental in advancing the next phase of the rapid commercialization of Exro’s technology, which dramatically improves the performance of the world’s electric motors and power trains.
In this new role, Hustedt will be consolidating the previous responsibilities of the VP of Engineering held by Torsten Broeer, who is retiring, and Chief Technology Officer, Ari Berger who will complete his role with Exro in June. We wish to thank Broeer and Berger for all their contributions to Exro and we wish them both well with their new endeavours. Both Broeer and Berger will continue to support Exro in consulting positions on an as needed basis.
With more than two decades of experience in automotive power and electronic innovations, as well as product development, Exro CEO Sue Ozdemir said Hustedt offers the Company a unique technological skill set to ensure we continue to develop and innovate technology and align with our focus on commercialization.
“I am excited Eric has agreed to join Exro and lead further engineering innovations as Chief of Engineering in our Calgary operation,” said Ozdemir. “This is another carefully considered addition to our team as we rapidly commercialize Exro’s disruptive technology and increase our focus on the mobility industry. I also want to take this opportunity to thank both Torsten and Ari for their contributions to Exro.”
A graduate of the Engineering School of the University of Canterbury, in New Zealand, Hustedt’s career includes more than 20 years leading innovations in all facets of automotive power electronics. He spent 15 years with International Rectifiers Automotive and most recently was the senior engineer at KSR International, a global manufacturer of automotive power technologies and products.
“Exro’s technology is unique and it will dramatically improve the performance and sustainability of electric motors and their systems in numerous commercial applications,” said Hustedt. “I am particularly excited by the advances we will be offering to the mobility space, where the performance of electric motors — in everything from cars, to e-bikes to scooters and commercial truck vehicles — can be dramatically improved by Exro.”
Hustedt will relocate from Halifax to Calgary, with his wife.
Would be a game changer!
Could be a little nugget in that article? “Adapting the architecture for small city cars in a cost-efficient way is proving to be challenging because of the need to strip out a third of the costs compared with the ID.3.
Engineers have looked at everything from smaller electric motors to different battery module configurations to give the small EVs the high standard of crash protection that will be expected by customers.”
EXRO can provide that battery module as well as help reduce the size of that motor and in doing so reduce the cost! Sounds like a perfect fit.
Every stock across the board is getting hit today. The Fed Chairs comments this morning scared everyone. I think we may see these kind of bounces in the months ahead. It’s the times we live in.
25k buy at .3639 pre market! Hmmmm
VANCOUVER, B.C. (May 12, 2020) – Exro Technologies Inc. (CSE: XRO; OTCQB: EXROF) (the “Company”) invites investors and industry leaders to view an update of the Company’s technology and commercialization strategy from its Chief Commercial Officer, Josh Sobil.
In his interview with Andrew O’Donnell, host of the investment program SuperCharged Stocks, Mr. Sobil discusses the long-term move toward electrification in industries which will benefit from Exro’s technology, which dramatically improves the performance of electric motors and powertrains. Sobil outlines how, during the pandemic, the company is advancing its strategy to commercialize Exro technology in the automotive, agricultural, e-bike and last mile transportation, recreational markets, and other sectors that rely on electric motors.
“Over the long term, there’s not only a need, but I think a want, to move toward electrification,” Sobil says in the interview. “So, we’re bullish.”
The interview can be viewed online here.
About Josh Sobil:
Mr. Sobil has over a decade of experience in the power conversion industry, beginning his career with General Electric (“GE”) as part of the Commercial Leadership rotational program with roles in engineering, commercial management and manufacturing as well as rotations centred around GE's large motor business out of Peterborough, Ontario. Mr. Sobil also had roles as Application Engineering for large motors in the Mining, Chemical and Oil & Gas sectors, then moved to Sales Manager for Western North America based out of Vancouver, British Columbia. In late 2014, Siemens Canada hired Mr. Sobil to lead the growth of its Mining business in Western Canada. In 2016, he was promoted to National P&L manager for the Siemens Mining business unit. He is a graduate of McMaster University with a Bachelor of Engineering & Management in Mechanical Engineering. Additionally, he is a graduate of GE's Commercial Leadership Program and has an MBA from Schulich School of Business specializing in Strategy & Finance.
About Exro Technologies Inc.
Exro facilitates the transition to clean energy by providing products and services to manufacturers to increase the efficiency and reliability of power systems, including electric motors, generators and batteries. Exro's patented technology enhances energy systems by dynamically sensing and adapting variable inputs and optimally matching them to desired outputs, creating measurable performance gains and extended lifespan. The widespread applications of the technology apply to optimizing the performance of electric vehicles, UAVs, and ship drives, as well as pumps, industrial motors, and energy capture from wind and tides.
ON BEHALF OF THE BOARD OF DIRECTORS
Sue Ozdemir, Chief Executive Officer
You do realize just the ridiculous market cap allows for great gains in a blink of the eye? But of course you know that. Here’s a tip for you: when you find a stock like EXROF hold on with both hands. Trade it if you choose to but be careful it may run away from you with no warning.
I appreciate the heads up. The last time you were dead on. Yes, like all of us I’m sure, I have watched my gains disappear. More than I want to admit, lol. I have become pretty disciplined over the years. Most pennies I would have sold some, but not with this jewel. A penny stock like EXROF doesn’t come around very often, imo. I truly believe we have found a huge winner, a winner that won’t be a penny stock in a year or two. People get suspect of posters on these boards so I’m sure you can understand suspicion by us longs. You never post other to tell us to sell after a run. Here’s to hoping we all make a ton of cash in all our investments.
Smart man!
I guess. lol
I’ll be here with you Flair
I’m a little confused as to why he posts after a run telling people to sell.
“Monetizing” is why we are here. I think I’ll wait till dollars before I even think about selling any shares. Call me a gambler now, you will call me Warren Buffet in a year from now. :)
Awesome write up on our EXROF. The future is extremely bright. Our market Cap is ridiculously undervalued. We are here very early and will reap the rewards of finding this hidden jewel!
Something is brewing! :)
I loaded weeks ago under .18 when the Corona crashed the market. That was really the time to buy most stocks.
We are green in a sea of red! How satisfying.
Yes! Looking forward to our next leg up!
We all hate a pump, but that video has some really good info. The best part is the author made it clear he wasn’t paid by EXRO to produce this video or to promote EXRO.
Without collaborations there would be no purchase orders. It’s all part of the process. I think we are in a great position and definitely heading in the right direction. I view EXROF as a long term investment. We are in early and positioned perfectly to ride the wave.
Your color blind! :)
Really we are just getting back to where we should be, where we were prior to this fake pandemic. With some deals we should go well past our current SP. Our valuation is about 30M, which gives us plenty of room to run. I mean PLENTY! :)
Very happy with today’s action but not excited yet. When we start trading in dollars I’ll be excited. It’s coming.
Me too. I more then doubled my position under .18 during this fear driven drop. Nothing has changed with EXROF, only the world changed lol. Hopefully they will start releasing those deals they have. This is a long term hold for me.
Something brewing. I tried buying this morning but no luck. I have plenty but couldn’t help myself lol
Wonder why all the selling today? End of the day 200 share paint job.
I wonder where those deals are Sue proclaimed? Still waiting on the one from March.
This is why I’m here:
“Exro is a company that is trying to revolutionize electric motors," Todd said. "It has a very ambitious project, high risk, high reward. If it is successful, it would be revolutionary and worth the risk up front," Todd stated. "You don't often see that in a lot of investments." :)
Another good article about EXRO! Looking forward to the day they announce a collaboration with a auto maker!
There is no doubt in my mind a big board is part of EXRO’s plans. No doubt at all. Once revenues start we will be on a fast track to uplisting. This is a big re a son I am here. It will happen imho. I rode DYAI for that exact reason and it happened. EXROF reminds of DYAI big time. Open our economies, announce the deals and we will be on track to the big time. It does not happen over night but the ride is so enjoyable!
Very good but no mention of the deals she said was done! Very disappointing imo
I get it. Network News Breaks is just a little slow with their story. This isn’t released by EXRO. Any coverage is good coverage, lol
Actually old news from Feb 6th??????
Futures up nicely, could be another Green Day in the market. Let’s go EXROF!
I expect a roller coaster until this country opens up again. The big money will play this market like a yo-yo. Much money to be made. I holding EXROF long term and am looking for huge returns! GLTA
Good day! Many more good days ahead! Another deal would be nice to hear about this week. :)