Company
Exro Technologies
CNSX:XRO
Exro is a clean technology company pioneering intelligent control solutions in power electronics to help solve the most challenging problems in electrification. Exro has developed a new class of control technology that expands the capabilities of electric motors, generators, and batteries. Exro enables the application to achieve more with less energy consumed. Exro’s advanced motor control technology, the Coil Driver, expands the capabilities of powertrains by enabling two separate torque profiles within a given motor. A major advancement in the sector, dynamic motor configuration enables efficiency optimization for each operating mode resulting in reduction of energy consumption. The controller automatically selects the appropriate configuration in real time so that power and efficiency are intelligently optimized.
54 stories
Exro Technologies chooses Mesa, Arizona as its US headquarters to advance next-generation electric vehicles and batteries
From its 5,000 sq ft facility, Exro will carry out testing to optimize electric vehicles of all types
Exro Technologies says new application for Coil Driver technology will cut cost of deploying EV infrastructure at scale
Designed to deliver Level 1 to Level 4 charging capabilities, the Coil Driver technology can also provide electricity back to the grid
Exro strikes strategic development agreement with Linamar for electric drive solution
CEO Sue Ozdemir said the move represents “a huge opportunity for us to become an integral part of the EV supply chain” for major motor companies
Exro Technologies successfully pilots battery control system in operating second life environment
It said the pilot validates the ability of its battery control system to optimize batteries for efficient second life operations
Exro Technologies posts financial results for the quarter ended March 31, 2021
Sue Ozdemir, chief executive officer of Exro said the company is "ramping up the design and construction of the new 36,966 square foot facility in south Calgary that will be capable of producing automotive compliant Coil Driver units in lat
Exro Technologies teams up with Vicinity Motor Corp to deploy its tech into next-generation electric buses
Exro will supply its Coil Drive System technology, while Vicinity will validate the technology through deploying an optimized electric powertrain for its suite of electric buses
Exro Technologies spurs innovation with its Coil Driver and has a strong product roadmap
CEO Sue Ozdemir highlighted Exro’s commercial partnership with LAND motorcycles, as they work together to validate the integration of the Coil Driver in LAND’s District motorcycle
Exro Technologies poised to disrupt multibillion-dollar industries with clean energy power systems
The company's technology improves energy systems by dynamically sensing and adapting varying inputs and matching them to desired outputs, creating performance gains and an extended lifespan
Exro Technologies touts C$48M war chest to advance Coil Driver commercialization in 2020 results
The company says it has enough cash to execute its operating plan for the next two years
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Exro Technologies to launch Calgary facility with automotive class manufacturing
The new facility in Calgary will feature 37,000 square feet of production lines, product showrooms, and office spaces
Exro Technologies to commercialize system solutions with Heinzmann motor integration
Exro validated integration of its 100 Volt Coil Driver for light EVs alongside Heinzmann's PMS 120 motors, and testing has proven that dynamic coil switching under load is successful and operating as expected at peak currents
Exro Technologies reiterates focus on executing its outstanding business strategy as it hits back at 'baseless attack' from Mariner Group
The company's stock declined by 17% to C$3.75 on Thursday, and the company is reviewing its available legal recourse to hold the authors responsible
Exro Technologies issues integrity statement from its chief executive officer after report of short-seller attack
Sue Ozdemir said: "We will not take this report lightly and will be preparing a detailed response in the next 48 hours against these claims to highlight this cynical attempt to hurt a real and thriving company, its shareholders and the inte
Exro Technologies bolsters partnership with SEA Electric to advance its battery control system
The expanded strategic collaboration agreement includes SEA Electric providing Exro with two electric delivery vans to showcase Exro's battery control system
Exro Technologies signs agreement with LAND Electric Motorcycles to produce up to 2000 units of its Coil Driver this year
LAND (E-Moto) is an innovative electric motorcycle manufacturer based in Cleveland, Ohio, USA, that produces a US-made, powerful, lightweight electric motorcycle called the District
Exro Technologies wraps up in-house testing of EV Coil Driver, will ship to collaborator Potencia on Friday
The company has integrated its Coil Driver with an electric motor made by Potencia
Hardware & electrical equipment
Exro Technologies names former Audi AG executive Terence Johnsson to its board of directors
Johnsson retired from Audi AG in 2019 after leading the corporate P&L Overseas Sales Division and Globalization Strategic Initiative to operating profitability of $1 billion
Exro Technologies completes the technology validation on its Battery Control System
The Battery Control System can expand the capabilities of batteries by enabling a greater depth of control on the cells
Exro Technologies closes upsized marketed public offering that raised nearly C$42M
The net proceeds will be used for battery research and development, electric vehicle programs, marketing, capital investments, and general working capital
Exro Technologies ends successful 3Q 2020 with key partnerships, C$8.3 million in cash
The company's partnership with Australia's SEA Electric is expected to enhance electric powertrain technology for heavy duty trucks and delivery vehicles
Exro Technologies completes engineering validation of its 100V Coil Driver to use in electric cars
The technology company called the validation a “key milestone” towards delivering commercial products for the electric car market
Exro Technologies announces opening of Calgary Innovation Center, a major milestone in its path to deliver commercial products
The technology company said the new facility will allow in-house design, testing, and assembly of manufactured products to enhance the performance of electric motors and powertrains
Exro Technologies Inc. says it is working with Traktionssysteme Austria to develop enhanced commercial vehicles using its Coil Driver technology
Exro and TSA will collaborate on a technology update for heavy-duty electric vehicles and traction motors and drives, such as delivery vans, buses, and trucks
Exro Technologies says third-party testing proves its patented Coil Driver technology dramatically improves electric bike performance
Testing by electric bike maker Motorino Electric found that the Exro-enhanced electric bike saw its performance increase by more than 20% and up to 50% in climbing conditions
Exro Technologies appoints former Ford global chief engineer Julie Wurmlinger to board of directors
Since retiring from Ford in 2018, Wurmlinger has launched technical consulting firm OhmTek, which specializes in automotive and electrical engineering solutions
Exro Technologies enters multibillion-dollar micro mobility sector through new collaboration with German drivetrain manufacturer Heinzmann
Exro will be responsible for testing, power electronics design and supply, with Heinzmann providing the motor technology and integration support
Exro Technologies to commence trading on the TSX Venture Exchange on Tuesday
Exro CEO Sue Ozdemir said the listing is an "important milestone" for the company which is executing on its 2020 commercialization strategy
Exro Technologies in 'great position' to deliver on its pipeline of projects for 2020
In a letter to shareholders, CEO Suze Ozdemir said that the Calgary-based company was on schedule to close eight commercial partnerships by the end of 2020
Exro Technologies adds three new “high quality” partnerships as it posts second quarter results
On the commercialization front, Exro's engineering team delivered a customized driver to Potencia Industrial in June for use in electric taxis
Exro Technologies CEO Sue Ozdemir to chair newly formed NEMA automotive council
The Automotive Component Council (ACC) was established to increase manufacturer collaboration in the changing and expanding automotive component market, which has traditionally been a closed industry
Exro Technologies appoints respected leader in Canadian government and business, Gary Mar to its Business Advisory Board
The group said Mar will provide guidance as it develops its technology into the marketplace and innovates solutions to support Net Zero Initiatives globally
Exro Technologies says first stage of Mexico City project in partnership with Potencia has now been delivered
The Customized Driver was delivered at the end of June and is now undergoing rigorous testing at Potencia, after which the driver will be installed in a vehicle and road-tested
Exro Technologies Inc. appoints Richard Meaux, a proven industry innovator in marketing, digital and IoT strategies as its new Chief of Marketing
Meaux has had diverse experiences in the power conversion industry, beginning his career with GE as part of the Commercial Leadership program and going on to hold roles in engineering, sales, marketing, and product management at the giant
Exro Technologies partners with Australia's SEA Electric to improve electric powertrain technology in heavy-duty vehicles
The two companies will co-develop and test powertrains with technology based on Exro’s Coil Driver and SEA-Drive technologies to increase its foothold in the booming electric commercial vehicle market
Exro Technologies secures oversized $8 million offering to boost battery management R&D
The company offered 11.4 million units, each containing one common share and one half of a share purchase warrant, at a price of $0.70 per unit
Exro Technologies plans C$5M offering, closes C$115K private placement to fund R&D
The company plans to offer units, each containing one common share and one-half a share purchase warrant, at a price of C$0.70 per unit
Exro Technologies teams up with Zero Motorcycles to develop advanced coil drive powertrain for electric motorcycle market
Under the collaboration agreement, Zero will evaluate Exro's patented coil drive technology using Zero's SR/S powertrain platform
Exro Technologies CEO says firm “in full force” to commercialize Coil Switching technology
CEO Sue Ozdemir also said the business is working to open a 6,500 square-foot innovation center in Calgary, Alberta to “demonstrate how the company dramatically improves the performance of the world's electric motors”
Exro Technologies taps automotive and power electronics industry innovator Eric Hustedt as chief of engineering
In the new role, Hustedt will consolidate the responsibilities of the VP of Engineering held by Torsten Broeer who is retiring, and chief technology officer Ari Berger who will close out his role with Exro in June
Exro Technologies strikes deal with Clean Seed Capital to bring its tech to the agricultural sector
The pair will produce a working prototype to be implemented in the field by 2021 so farmers will be able to reduce power needed to run Clean Seed's revolutionary farm tools
Exro Technologies boss committed to closing eight strategic partnerships by the end of 2020
Four strategic partnerships are ongoing, while four are on the horizon
Exro Technologies names Werner Kitz to its Business Advisory Board
A senior executive and engineer at Siemens for more than 25 years, Kitz brings a global perspective to innovation and manufacturing in the power-conversion sector
Exro Technologies CEO Sue Ozdemir to appear on Canadian and US television
Ozdemir will tell viewers about how Exro’s technology improves the speed, torque and energy efficiency of electric motors
Exro Technologies will present cutting-edge technology at major automotive summit in Detroit
The presentation will be held at the Car Training Institute’s USA Symposium, a key summit looking at advances in automotive transmission, hybrid and electric drive technologies
Exro Technologies arranges $3M non-brokered private placement
The clean-motor manufacturer is issuing up to 8,571,428 common shares at a price of $0.35 each
Exro Technologies enters multibillion-dollar snowmobile sector via agreement with leading Finnish manufacturer
Aurora Powertrains will use Exro’s technology in its all-electric snowmobile, the eSled
Exro Technologies opening brand-new Exro Innovation Centre in spring 2020
The 6,500 sq ft facility in Calgary, will serve as a gathering space for the world to view Exro's electric motor technology
Exro Technologies welcomes Siemens veteran Viorel Nica to business advisory board
Currently the services business director at Schneider Canada, Nica, will provide “strategic guidance” to Exro’s technology roadmap
Exro Technologies names ThisFish founder Steven Moon chief product officer
Moon will work to increase the adoption of Exro’s technology profile by the transportation, agriculture, automotive and energy sector
Exro Technologies delivers the first Exro-powered e-Bike to Motorino Electric
Its Exro system offers significant performance gains when integrated into an e-Bike's existing electric drivetrain
Exro Technologies inks deal with electric boat manufacturer Templar Marine Group to optimize engine performance
Exro’s patented technology uses artificial intelligence to improve the performance of things like electric engines and power systems
Exro Technologies applies new twist to enhance electricity generation
If Exro has its way, it will be a case of "torque is cheap"