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https://www.pifinancialcorp.com/ Is taking a sizable position on the CSE
Pressure is building. I think we are about to take our next leg up. Multiple dollars in our future, imho
Solid year so far! :) The best is yet to come, imho
We have an advisory board and management team second to none! They are obviously in it for the long term and so am I.
Calgary, AB (August 13, 2020) – Exro Technologies Inc. (CSE:XRO; OTCQB: EXROF), a leading technology company which has developed a new class of power electronics for powertrains, is pleased to announce that Gary Mar, an accomplished and respected leader in government and business, has joined the Exro Business Advisory Board (“Advisory Board”). Mar will provide guidance as Exro develops its technology into the marketplace and innovates solutions to support Net Zero Initiatives globally.
Mar has broad experience in government having served as a Member of the Legislative Assembly in the Province of Alberta from 1993-2007. During his time as an elected official, Gary held several Cabinet portfolios: Community Development; Health and Wellness; Education; Environment; and International and Intergovernmental Relations. Gary subsequently served as President and CEO of the Petroleum Services Association of Canada (PSAC), the national trade association representing the service, supply, and manufacturing sectors within the upstream petroleum industry.
Mar was named President and CEO of the Canada West Foundation (CWF) in April 2020 and established expertise in key policy areas including: natural resources; trade and investment; and human capital. Gary brings deep experience in both government and business to Exro, where he will support our efforts to make an impact in the energy sector with Net Zero opportunities and environmental sustainability.
“I am thrilled to join the Business Advisory Board and the team at Exro”, said Gary Mar. “I’ve been a champion of Alberta and its interests globally for many years and I see a great opportunity for Exro Technologies. I believe I can help to push the impact of this technology forward to expand our reach in energy and innovation in a more sustainable future.”
“As we continue to grow our position and develop our presence in the market, I’m very excited to have Gary join us with his broad global expertise,” commented Sue Ozdemir, CEO of Exro. “I’m confident his insight will help us accelerate the impact of Exro’s technology in the global marketplace.”
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.
ON BEHALF OF THE BOARD OF DIRECTORS
Sue Ozdemir, Chief Executive Officer
I love the trading! Straight up comes straight down. Ladder climb is the way to go for longevity imho.
I’ll go halves on that lol
Don’t beat yourself up. It’s easy to say that after it runs. Keep buying. I am. This will be in multiple dollars by next year, IMHO
I like anticipation! :)
That is coming and much higher then a dollar IMHO. I think we need solid news for that to happen. We need test results or a purchase order or something along those lines. It’s coming, I have no doubts. Wonder where we are on the build out of the new facility. Pretty sure that was suppose to have been completed by now?
Futuresup big this morning. Another good day ahead. EXRO to the moon!
There was a lot of info in that video. Right place at the right time.
Good for you. I have 2 big boards stocks that have been running big. I too am pulling some money out and putting right here! :)
Jump into that and you better watch real close, lol
Exciting times ahead
CALGARY, AB (August 5, 2020) – Exro Technologies Inc. (CSE:XRO; OTCQB: EXROF), a leading technology company which has developed a new class of power electronics for powertrains, is pleased to provide an update on our partnership with Potencia Industrial, S.A. DE C.V. (“Potencia”).
Exro and Potencia are working together to accelerate the transition to commercial electric vehicles with novel new powertrain technologies. The motor driver integration program is a multi-stage project where Exro is providing the Motor Driver to be tested and validated in Potencia’s world class facility in Mexico City. The first stage of the project has now been delivered. The Exro Customized Driver will be used as the inverter for the Pronto Power Flexible Powertrain. Once this phase is validated, Exro will then supply a Coil Switching Driver in November of this year that will enable maximum efficiency and powertrain performance for the application. This Coil Driver supports Potencia’s growing position in the commercial fleet and government vehicle electrification programs.
The Customized Driver was delivered at the end of June and is now undergoing rigorous testing at Potencia. “We’re excited to confirm that the driver has been received and testing has begun on the unit. Our expectation is to complete testing by the end of October. Exro has delivered and we look forward to continuing to strengthen our relationship.” Tomas Gottfried, Technical Director at Potencia. After Potencia’s internal testing is complete, the driver will be installed in a vehicle and road tested. This will provide the first on road application for Exro.
Potencia is dedicated to enabling Mexico’s transition to electric vehicles. They design and manufacture special application, high efficiency electrical motors and generators. Specializing in creative solutions and applications, the new Pronto Power division is a vertically integrated business unit supported by Potencia’s more then fifty years of manufacturing background. With over one million miles of driving distance, the flexible powertrain is leading the transition of fleet and municipal vehicles in Latin America.
“This is a major milestone for Exro and we are excited to continue working with the team at Potencia to validate our technology. Despite some delays, we are pleased to have delivered the Driver and to continue our development efforts. Exro is just beginning to take our place in the power electronics market and is setting a new standard for inverter performance. Working together, our joint technologies will transform the transition to electric vehicles.” commented Sue Ozdemir, CEO of Exro.
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.
ON BEHALF OF THE BOARD OF DIRECTORS
Sue Ozdemir, Chief Executive Officer
My buddy had/has AMD. He was looking for $75. I think he got it today
Thanks for the recap
I’m told 66 people were on the call. I think it will be a few days before replay is available. Thanks
I see it was today. Anybody know how to access the conference call?
Are you sure that’s today?
Go Gators! He’s a Gator, can’t go wrong!
VANCOUVER, B.C. (July 29, 2020) – Exro Technologies Inc. (CSE:XRO; OTCQB: EXROF), a leading technology company who has developed a new class of power electronics for powertrains, is pleased to announce Richard Meaux, a proven industry innovator in marketing, digital and IoT strategies, has joined Exro as its new Chief of Marketing (“CMO”).
Meaux has had diverse experiences in the power conversion industry, beginning his career with GE as part of the Commercial Leadership program. He then went on to hold roles in engineering, sales, marketing, and product management. Working through several promotions, Meaux was GE Digital Leader for GE Industrial Motors (“GEIM”) and most recently, Director of Marketing and Digital Operations for GE Industrial Motors (a Wolong Company). In this role he was responsible for growing both marketing and digital operations.
The new CMO role is part of our continued focus on commercialization and raising our brand awareness in the growing mobility space. As CMO, Meaux will have responsibility in overseeing the strategy, planning and development of Exro’s global marketing strategies. With a background in engineering, Meaux also brings a unique technical expertise to the role. This new position is a consolidation of the Chief Product Officer role which was previously held by Steven Moon. We thank Steven for his work with Exro and wish him the best in his next endeavor.
“Exro has made huge strides with their incredible team and innovative technologies. I am really excited to join them on this mission to use minimum energy for maximum results. Globally, the Exro technology can make a permanent impact in the mobility and power conversion market in general”, commented new CMO, Richard Meaux.
“Richard is an exceptional marketing executive, with experience in the electric motor industry and most recently, with implementing new digital innovations that drove expanded market share for GEIM. Having worked with Richard for many years during our time at GE, I am confident that his technical background, management expertise and innovative strategies will enable him to take Exro to the next level”, said Exro’s CEO, Sue Ozdemir.
Richard is a graduate from the University of Florida and holds a Bachelor of Science Degree in Mechanical Engineering and Aerospace Engineering. Additionally, he is a graduate of GE's Commercial Leadership Program and Harvard Business School’s Business Fundamentals program.
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.
Wish I had bought Kodak 2 days ago, lol. EXRO needs to produce some test results or purchase orders. Way over due imo
One day we will get some news, not about another “partner”, but about test results. I think that is overdue. Test results and purchase orders are in order. Maybe a progress report on our new facility. Electric motors are the future. It’s here and will grow exponentially. Let’s get this party started!
Absolutely. Electric motor industry is exploding. We are in the right place at the right time. Exciting times.
BB, what do these links have to do with EXRO? Thanks
7 down 1 to go, if not more! Let’s see some revenues!
Exro Technologies Partners with Global Commercial 100% Electric Vehicle Leader, Sea Electric
VANCOUVER, B.C. (July 15, 2020) – Exro Technologies Inc. (CSE:XRO; OTCQB: EXROF) (“Exro” or the “Company”), and Australia’s SEA Electric Pty Ltd. (“SEA Electric”) are partnering to enhance electric powertrain technology for heavy duty trucks and delivery vehicles.
Recognized as a global leader in the electrification of commercial vehicles, SEA Electric and Exro will co-develop and test powertrains based on Exro’s Coil Driver and the SEA-Drive technologies.
Founded in 2012, SEA Electric has successfully commercialized its proprietary SEA-Drive® electric power-system technology. SEA Electric products are now deployed in 5 countries, with collectively more than 1.6 million kms (1 million miles) of independently OEM tested and in-service operation, making it widely recognised as the market leader in the electrification of commercial vehicles.
“This is another application where the Coil Driver advantages are most apparent,” said Exro Chief Engineer, Eric Hustedt. “By implementing an overall system optimization in concert with our patented power electronics technology, we can improve gradeability without sacrificing speed range—all without the need for multispeed mechanical gearing, or a dual motor powertrain.”
The electric commercial vehicle market is growing quickly, partly because of the efficiencies and performance benefits they offer as well as government policies aimed at accelerating adoption to reduce carbon emissions. Motor Intelligence estimates the commercial vehicle market will surge from USD $19.8 billion in 2020 to USD $38.6 billion in 2025.
“We believe that the trend to electrification of truck and commercial delivery fleets is profound,” said Sea Electric CEO, Tony Fairweather. “We look forward to our partnership with Exro to continue developing powertrains that both serve existing and open new markets in this space.”
About SEA Electric
SEA Electric was founded in Australia in 2012 and is an automotive technology company that has created proprietary electric power-system technology (known as SEA-Drive®) for the world's urban delivery and distribution fleets.
After 5 years of product development and field testing, SEA Electric launched its first model in 2017 once the cost of lithium-ion dropped below the USD300/kWh threshold. Since then SEA Electric has released 7 x, SEA-Drive® models, to power rear-wheel drive cargo vans/commuter buses and cab/chassis trucks from 3.5t (7,700 lbs) GVM to 29t (64,000 lbs) GVM.
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.
ON BEHALF OF THE BOARD OF DIRECTORS
Sue Ozdemir, Chief Executive Officer
Big day in the market today. Got any news EXRO?
That was disappointing
It’s still halted
"At the request of the company pending news"
https://markets.ft.com/data/announce/detail?dockey=600-202007100938CANADANWCANADAPR_C6834-1
FYI, I can receive PM’s but can’t respond to them.
We will know soon! Big announcement?????
We are HALTED!!!!!!!!!
I really like this: “ Exro has spent time and resources validating the coil driver technology with world-class partners and is now fully focused on commercializing its unique product as world governments push clean technology.“ Right place at the right time, imho
Exro Announces 2020 AGM Results
Vancouver, British Columbia (July 8, 2020) - Exro Technologies Inc. (CSE: XRO; OTCQB: EXROF) (the “Company” or “Exro”) ") is pleased to announce the results of voting at its annual general meeting of shareholders which was held yesterday, July 7th, 2020 in Vancouver, British Columbia (the "Meeting"). All matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, dated June 2, 2020, were approved by an overwhelming majority of votes cast at the Meeting.
NUMBER OF DIRECTORS
Shareholders approved the setting of the number of Directors at six.
ELECTION OF DIRECTORS
The shareholders elected the following slate of Directors:
Mark Godsy
Frank Borowicz
Jill Bodkin
Daniel McGhan
Eamonn Percy
Sue Ozdemir
The Company also wishes to thank Jonathan Ritchey, the Company’s founder, for his long time service as a former director of Exro.
APPOINTMENT OF AUDITORS
Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, were reappointed as Auditors of the Company for the ensuing year with their remuneration to be fixed by the Board of Directors.
RECONFIRMATION OF THE STOCK OPTION PLAN
An ordinary resolution of disinterested shareholders approved that the number of common shares reserved for issuance under the Company’s Stock Option Plan be increased from 10,000,000 Shares to 16,576,049 Shares.
About Exro Technologies Inc.
Exro is a clean technology ?company that has developed patented coil driver technology which is used for electric motors to create ?greater speed, power and distance, while reducing weight and space. The Company's coil driver technology expands the capabilities and efficiency of electric motors by enabling two separate torque profiles within an electric motor; one profile for low speed and high torque and another profile for high speed and low torque. The coil driver technology ultimately translates into increased system efficiency and optimization for electric motors while consuming less energy and reducing costs. Exro has spent time and resources validating the coil driver technology with world-class partners and is now fully focused on commercializing its unique product as world governments push clean technology.
ON BEHALF OF THE BOARD OF DIRECTORS
Sue Ozdemir, Chief Executive Officer