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$1.50 ? Hope your wrong
Resting before the next leg up. Tick tock!
The story hasn’t even started. I believe your wrong with your price prediction. Tell us, what do you know about EXRO? Thanks
Consolidation is healthy. Every time, before a run, MM’s bring it down to acquire shares. Watched this 4 times already. I predict we will blow past our high by 1st week in November or sooner. GLTA
Futures up big. Would be a great day for news. GLTA
20% to 50%!!! That is unheard of. Those figures put us in Barron’s which has brought a ton of interest into EXRO, as we see in SP as well as volume. That’s just a bike, wait until we hear about Potencia later this month or early next month. Then we have 6 other partnerships which will be publishing test results into 2021. EV’s are here to stay regardless of who wins the election. We are in the right stock at the right time. Proof of concepts coming to fruition in a sector that is about to explode. GLTA
I only know because I was here. First bought in mid .20’s. Stock was falling, I think the high was around .38 at the time, and I love buying stocks I like when they are coming down! It bottomed use under .13 for a hot minute. I tried buying but couldn’t until just under .18. Thankfully I had plenty of ammo at that time, lol. Your purchase was BRILLIANT!!!! GLTA
Spreading like a weed
??????!!! Can’t go wrong, nothing but up from here imho
Calgary, AB (October 15, 2020) – Exro Technologies Inc. (TSXV:EXRO; OTCQB: EXROF) (the “Company”), a leading technology company which has developed a new class of power electronics for electric motors and powertrains, is pleased to announce it is working with Traktionssysteme Austria (“TSA”) to develop enhanced commercial vehicles by integrating their traction motor systems with Exro’s Coil Driver technology.
Traktionssysteme Austria is a leading manufacturer of electromechanical drives for rail and road vehicles. With over 60 years of experience and a broad product portfolio, they provide their customers individual solutions of the highest quality. TSA has reliable traction drives in operation in 55 countries on all continents of the world.
Exro and TSA will collaborate on a technology update for heavy duty electric vehicles and traction motors and drives. Examples of heavy-duty vehicles can be delivery vans, buses, and trucks. This will deliver a full powertrain system and enable a broad product range with increased performance in the growing commercial electric vehicle markets. The global traction inverter market is projected to grow at a CAGR of 17.57% from USD 2.5 billion in 2018 to reach USD 7.7 billion by 2025. 1
“We are looking forward to unlock the potential of increased performance and efficiency the Exro Coil Drive can bring to our electric motors”, commented Florian Demmelmayr, Head of Road at TSA. “Since 2004, we have built more than 2,500 motors for electric buses”.
“Although this is not a commercial partnership, this is an important integration of TSA’s long-standing traction systems with our Coil Driver. It will help us to open up bigger markets and accelerate our impact in making commercial electric vehicles faster, smarter, and more powerful,” stated Josh Sobil, Chief Commercial Officer of Exro. “We are very excited to be working with a global leader like TSA and developing new technology together.”
1 See https://www.marketsandmarkets.com/PressReleases/vehicle-inverter.asp
About Exro Technologies Inc.
Exro is a Clean Tech company that has developed a new class of control technology for electric powertrains. Exro’s advanced motor control technology, our “Coil Driver”, expands the capabilities of electric motors and powertrains. The Coil Driver enables two separate torque profiles within a given motor. The first is calibrated for low speed and high torque, while the second provides expanded operation at high speed. The ability to change configuration allows efficiency optimization for each operating mode, resulting in overall reductions in energy consumption. The controller automatically and seamlessly selects the appropriate configuration in real time so that torque demand and efficiency are optimized.
The limitations of traditional electric machines and power technology are becoming more evident. In many increasingly prominent applications, traditional methods cannot meet the required performance. This means either oversizing the equipment, adding additional motors, or implementing heavy mechanical geared solutions. Exro offers a new solution for system optimization through implementation of its technology which can yield the following results: increased drive cycle efficiency, reduced system volume, reduced weight, expanded torque and speed capabilities. Exro allows the application to achieve more with less energy consumed.
For more information visit our website at www.exro.com.
Follow Exro on social media:
About Traktionssysteme Austria GmbH
Traktionssysteme Austria (TSA) is the leading, independent manufacturer of electromechanical equipment powering railway rolling stock and road transport vehicles with a company history reaching back to the 1960s. TSA’s product portfolio offers the design, testing and delivery of customer-tailored solutions ranging from components supply to fully-fledged drive solutions and aftermarket services based on asynchronous and permanent magnet technologies in motors and generators as well as wheelset gearboxes.
By means of its in-house gearbox design skills, TSA is at home in both the mechanical departments of car-builder customers and the converter laboratories of propulsion system-manufacturing partners. This makes TSA a unique contact to discuss all of the ever-complex questions of drive system integration, may it be electrical or mechanical challenges.
Other companies of the Traktionssysteme Austria group are located in the USA (Traction Systems Inc., wholly owned subsidiary based in Somerville, NJ) in Bosnia and Herzegovina (Traktionssysteme Bosnia d.o.o. based in Tuzla), in Shanghai (Traction Systems China, Procurement Representative) and in India (Medha Traction Equipment Pvt. Ltd., Joint Venture with Medha Servo Drives based in Hyderabad). TSA is headquartered in Wiener Neudorf, Austria and has 400 employees.
For more information visit our website at www.tsa.at
Follow TSA on social media:
Traktionssysteme Austria
TSA - Traktionssysteme Austria
ON BEHALF OF THE BOARD OF DIRECTORS
Sue Ozdemir, Chief Executive Officer
Barron's is one of the country's most trusted financial publications. Readers get weekly articles containing investing ideas, trends and concepts. The articles are well written yet not too complicated. The only drawback may be Barron's relatively high price tage, but the quality more than makes up for the cost.
Article in Barron’s dated Oct 7. May be the reason for latest run?
OCT 7, 2020 EXCERPT:
"Motorino Electric, the Vancouver-based manufacturer and distributor of electric bikes and motorcycles, tested Exro's technology through 2020 against a standard electric bike in the field. Testing found that the Exro-enhanced electric bike saw its performance increase by more than 20 percent, and up to 50 percent in climbing conditions. Exro will now start negotiations on a commercial product for 2021.
"The Exro-enhanced electric bike performed up to 50% better in climbing conditions during testing" commented Steve Miloshev, Founder and CEO of Motorino. "The Exro bike was noticeably more advanced going up the hills specifically, it sustained consistent high torque and speed immediately from the start all the way to the top of the hills. Our standard electric bikes were no match for it in a race through Vancouver."??
Yes, just wait to see how it works in a car! To the moon!
Dime, I know exactly how you feel. Exactly! :)
David, I believe you will miss out then. Options just set at $2.40. The last three times they announced options EXRO flew a week or 2 later. When Potencia news comes we will be at a whole different level. Good luck to you.
I believe this stock is MUCH bigger then just Tesla. Not much traded under .14, I was in EXRO at that time.
$3.15 CD = $2.40 US
This is great news! Eveytime they do this another run is not far away. Perfect time Ming for them with Potencia news about to pop! GLTA
Not only did it bounce hard, it bounced hard with volume! Great sign imho
Agreed
Feel bad for those who sold. Many shakes in our future. Only the strong make the big bucks!
After the last few weeks I would well some sideways consolidation. Potencia news at end of month will be a big one, imo
Beautiful bounce! We are golden. We needed this shake. Onward and upward in coming weeks and months
Has to happen. All good as far as I’m concerned.
Over 1M volume by 11am!
All on good volume
MM’s are moving off the ask. We are going higher
October: results from Potencia
November 2020- delivery to Potencia (electric car application)
This is an especially pivotal project for Exro as it will become the platform design, reducing design time for future partnerships. It also serves as our first in-car application, demonstrating our ability to transform the automotive power electronics industry.
December 2020 – the IBMS (Intelligent Battery Management System) proof of concept.
With the research phase now behind us, this technology development will allow us to provide test bench data to support our simulations and confirm that we are able to provide a solution for first life batteries to be used in second life applications, such as stationary storage for example.
So much to be excited about. That’s what’s great about being involved with a start up that’s real and has real technology and a real all star management team and a real heavy hitter board of directors! Damn!
EV is the hot sector now and for years to come. We are in the right stock, in the right sector, at the right time! Dream come true, imho!
“Exro’s Coil Driver technology can be added to an electric vehicle power train to make electric motors faster, stronger, and smarter. The electric bike field-tests results now indicate that Exro can be transformative for the quickly growing electric bike and electric scooter market, which Allied Market Research reports will exceed USD $23 billion by 2025.
Testing found that the Exro-enhanced electric bike saw its performance increase by more than 20 per cent, and up to 50 per cent in climbing conditions. Exro will now start negotiations on a commercial product for 2021.”
And this just bikes! 23 Billion market by 2025, but still just bikes. 2021 will be epic, imho
We get Potencia numbers anywhere near Motorino’s and $3 will be a distant memory, imho
$2.00 close. Congrats to all!
Exro = King Kong
Lots of buys coming in. Over 1M in volume
I’ll be thrilled if it holds. Friday is usually a sell day especially at the close.
I think that 20%/50% drew a lot of eyes Exros way! And that was just a bike
I think it’s safe to say the Potencia results will meet expectations lol