Exro Technologies Inc. (T:EXRO)
Business Focus: Electrical Components & Equipment (NEC)
Apr 05, 2024 10:55 am ET
Exro and SEA Electric Announce Completion of Merger
CALGARY, AB, April 5, 2024 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") and SEA Electric Inc. ("SEA Electric") are pleased to announce the closing of the previously announced merger (the "Transaction"), pursuant to which Exro acquired all of the issued and outstanding shares of common stock and preferred stock of SEA Electric ("SEA Stock") that it did not already own. The Transaction was approved at a special meeting of shareholders of Exro held on April 4, 2024.
Apr 05, 2024 10:55 am ET
Exro and SEA Electric Announce Completion of Merger
CALGARY, AB, April 5, 2024 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") and SEA Electric Inc. ("SEA Electric") are pleased to announce the closing of the previously announced merger (the "Transaction"), pursuant to which Exro acquired all of the issued and outstanding shares of common stock and preferred stock of SEA Electric ("SEA Stock") that it did not already own. The Transaction was approved at a special meeting of shareholders of Exro held on April 4, 2024.
Apr 04, 2024 02:49 pm ET
Exro Announces Shareholder Approval for Proposed Merger with SEA Electric
CALGARY, AB, April 4, 2024 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") is pleased to announce that all necessary shareholder and stockholder approvals required in connection with the proposed merger (the "Transaction") with SEA Electric Inc. ("SEA Electric") have been obtained.
Apr 04, 2024 02:49 pm ET
Exro Announces Shareholder Approval for Proposed Merger with SEA Electric
CALGARY, AB, April 4, 2024 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") is pleased to announce that all necessary shareholder and stockholder approvals required in connection with the proposed merger (the "Transaction") with SEA Electric Inc. ("SEA Electric") have been obtained.
Apr 01, 2024 06:47 pm ET
Exro Technologies Announces Fourth Quarter and Full Year 2023 Financial Results
Exro generated revenue of $5,736,140 for the twelve months that ended December 31, 2023.The Company lifted the nondisclosure agreement with Giaffone and announced the completion of Coil DriverTM validation in Q4 2023 and acceptance of purchase order agreements which commenced in Q1 2024.Coil Driver™ start of production was launched in Q3 2023 with low volume production and was followed by initial deliveries to customers of sample units in Q4 2023.On January 30, 2024, Exro entered into a Merger Agreement with SEA Electric Inc. for the acquisition of SEA Electric and an associated equity finan
Apr 01, 2024 06:47 pm ET
Exro Technologies Announces Fourth Quarter and Full Year 2023 Financial Results
Exro generated revenue of $5,736,140 for the twelve months that ended December 31, 2023.The Company lifted the nondisclosure agreement with Giaffone and announced the completion of Coil DriverTM validation in Q4 2023 and acceptance of purchase order agreements which commenced in Q1 2024.Coil Driver™ start of production was launched in Q3 2023 with low volume production and was followed by initial deliveries to customers of sample units in Q4 2023.On January 30, 2024, Exro entered into a Merger Agreement with SEA Electric Inc. for the acquisition of SEA Electric and an associated equity finan
Mar 27, 2024 08:00 am ET
Exro Receives Favourable Recommendations from Leading Proxy Advisory Firms ISS and Glass Lewis in Support of the Share Issuance Resolution in SEA Electric Merger
Leading independent proxy advisors ISS and Glass Lewis recommend shareholders vote in favour of the Share Issuance Resolution.ISS expects the combination to provide synergies, enhance scale, and provide human capital benefits through the leadership and expertise of senior executives of each entity.Glass Lewis believes that the board has presented a sufficient case to support its view that the transaction presents an attractive strategic opportunity to combine complementary products and benefit from synergies. Shareholders are encouraged to vote in advance of the proxy voting deadline on Apri
Mar 27, 2024 08:00 am ET
Exro Receives Favourable Recommendations from Leading Proxy Advisory Firms ISS and Glass Lewis in Support of the Share Issuance Resolution in SEA Electric Merger
Leading independent proxy advisors ISS and Glass Lewis recommend shareholders vote in favour of the Share Issuance Resolution.ISS expects the combination to provide synergies, enhance scale, and provide human capital benefits through the leadership and expertise of senior executives of each entity.Glass Lewis believes that the board has presented a sufficient case to support its view that the transaction presents an attractive strategic opportunity to combine complementary products and benefit from synergies. Shareholders are encouraged to vote in advance of the proxy voting deadline on Apri
Mar 13, 2024 07:03 pm ET
Exro Announces Filing and Mailing of Management Information Circular in Relation to the Proposed Merger with SEA Electric
Exro Technologies Inc. files management information circular for proposed merger with SEA Electric Inc. (the "Transaction").The Transaction is designed to leverage complementary technologies to strengthen Exro's position in the electric vehicle technology sector, accelerate growth, and create a defined path to profitability, with multi-year commitments from leading commercial vehicle OEMs.Shareholders are encouraged to review the information circular carefully and to vote online in advance of the April 2, 2024 deadline. The special meeting of shareholders to approve the Transaction is schedu
Mar 12, 2024 08:00 am ET
Exro to Present at the 36th Annual ROTH Conference
CALGARY, AB, March 12, 2024 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean-technology company focused on developing new generation power-control electronics that expand the capabilities of electric motors and batteries, is pleased to announce its participation in the 36th Annual ROTH Conference. The event is scheduled to take place from March 17-19 in Dana Point, California.
Mar 06, 2024 04:30 am ET
Exro Provides Corporate Update with Letter to Shareholders
CALGARY, AB, March 6, 2024 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean-technology company focused on developing new generation power-control electronics that expand the capabilities of electric motors and batteries, is pleased to announce the release of a CEO letter to shareholders. The letter provides additional rationale behind Exro's transformational merger with EV technology company SEA Electric Inc. ("SEA Electric"), discusses important factors in electric vehicle ("EV") adoption across vehicle segments, and outlines Exro's market
Feb 16, 2024 07:40 am ET
Exro Announces Closing of $30 Million Bought Deal Financing of Subscription Receipts
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Jan 30, 2024 06:15 am ET
Exro Announces Merger with SEA Electric to Create Leading e-Mobility Technology Company
Complementary technologies driving significant synergy potential which provides a full scope solution with enhanced performance and reduced cost of ownershipMulti-year commitments from Mack (Volvo) and Hino (Toyota)Targeting delivery of more than 1,000 propulsion technology systems to OEMs in 2024CALGARY, AB, Jan. 30, 2024 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") and SEA Electric Inc. ("SEA" or "SEA Electric") announced today that they have entered into an agreement (the "Merger Agreement") providing for the acquisition of SEA by Exro (the "T
Jan 30, 2024 06:13 am ET
Exro and SEA Electric Announces Concurrent C$42 Million Capital Raise Transactions
Concurrent C$42 Million capital raise to fund capital expenditures, working capital, and general business requirements of a combined company in connection with announced merger agreement between Exro and SEA ElectricCALGARY, AB, Jan. 30, 2024 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") and SEA Electric Inc. ("SEA" or "SEA Electric") announced today concurrent equity and debt financings for aggregate gross proceeds of C$42 million, comprised of an equity financing through the issuance of subscription receipts of Exro and a debt financing through
Jan 30, 2024 06:11 am ET
Exro Announces Merger with SEA Electric to Create Leading e-Mobility Technology Company and Concurrent C$42 Million Capital Raise Transactions
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Jan 15, 2024 06:30 am ET
Exro Releases Q1 2024 Letter to Shareholders
CALGARY, AB, Jan. 15, 2024 /CNW/ - 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.
Jan 15, 2024 06:30 am ET
Exro Releases Q1 2024 Letter to Shareholders
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.
Dec 20, 2023 07:01 pm ET
Exro Provides Operational Update in Year-End Shareholder Letter
CALGARY, AB, Dec. 20, 2023 /CNW/ - 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, today provided an operational update in a 2023 year-end letter to shareholders.
Dec 20, 2023 07:01 pm ET
Exro Provides Operational Update in Year-End Shareholder Letter
CALGARY, AB, Dec. 20, 2023 /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, today provided an operational update in a 2023 year-end letter to shareholders.
Dec 01, 2023 08:35 am ET
Small-Cap Growth Virtual Investor Conference: Presentations Now Available for Online Viewing
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Small-Cap Growth Virtual Investor Conference, held November 30th are now available for online viewing. REGISTER NOW AT:...
Nov 20, 2023 06:30 am ET
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Nov 09, 2023 06:56 pm ET
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Oct 26, 2023 07:30 am ET
Exro Provides Operations Update with Letter to Shareholders
CALGARY, AB, Oct. 26, 2023 /CNW/ - 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, today provided a Q4 2023 letter to shareholders.
Oct 26, 2023 07:30 am ET
Exro Provides Operations Update with Letter to Shareholders
CALGARY, AB, Oct. 26, 2023 /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, today provided a Q4 2023 letter to shareholders.
Sep 06, 2023 07:30 am ET
Aug 22, 2023 07:30 am ET
Aug 10, 2023 07:47 pm ET
Jul 13, 2023 07:30 am ET
Exro Announces Coil Driver™ Innovation Project with Leading Global Automotive OEM
Exro and a Major Automaker to collaborate in innovation project utilizing Coil Driver™ technology for improving powertrain performance.
Jul 13, 2023 07:30 am ET
Exro Announces Coil Driver™ Innovation Project with Leading Global Automotive OEM
Exro and a Major Automaker to collaborate in innovation project utilizing Coil Driver™ technology for improving powertrain performance.
Jun 30, 2023 07:00 pm ET
Jun 30, 2023 07:00 pm ET
Jun 22, 2023 07:00 pm ET
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Jun 08, 2023 07:30 am ET
Jun 08, 2023 07:30 am ET
May 23, 2023 09:14 am ET
Exro Announces Closing of Bought Deal Financing Including Full Exercise of Over-Allotment Option
CALGARY, AB, May 23, 2023 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), is pleased to announce that it has completed its previously announced bought deal financing, including the exercise in full of the Underwriters' (as defined below) over-allotment option, for a total of 15,525,000 common shares (the "Common Shares") sold at a price of C$2.25 per Common Share for aggregate gross proceeds to the Company of C$34,931,250 (the "Offering").
May 23, 2023 09:14 am ET
Exro Announces Closing of Bought Deal Financing Including Full Exercise of Over-Allotment Option
CALGARY, AB, May 23, 2023 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), is pleased to announce that it has completed its previously announced bought deal financing, including the exercise in full of the Underwriters' (as defined below) over-allotment option, for a total of 15,525,000 common shares (the "Common Shares") sold at a price of C$2.25 per Common Share for aggregate gross proceeds to the Company of C$34,931,250 (the "Offering").
May 15, 2023 05:43 pm ET
Exro Announces C$30 Million Bought Deal Financing
CALGARY, AB, May 15, 2023 /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 that the Company has entered into an agreement with a syndicate of Canadian underwriters (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 13,500,000 common shares in the capital of the Company (the "Common Shares") at a price of C$2
May 15, 2023 05:30 pm ET
Exro Announces Definitive Commercialization Agreement with Linamar
Exro and Linamar Corporation sign definitive agreement to serially produce and commercialize the parties' integrated electric beam axle product for Class 3-6 vehicles:
May 15, 2023 04:50 pm ET
Exro Announces Definitive Commercialization Agreement with Linamar and C$30 Million Bought Deal Financing
Exro and Linamar Corporation sign definitive agreement to serially produce and commercialize the parties' integrated electric beam axle product for Class 3-6 vehicles:
May 10, 2023 07:51 pm ET
Exro Technologies Announces First Quarter 2023 Financial Results
Exro generated revenue of $324,769 for the three months ended March 31, 2023Added additional strategic partnerships for its Coil Driver™ technology for electric vehicles in the period in Wolong and an undisclosed European partner, which are expected to help accelerate Exro's market penetrationEntered into additional channel sales partnerships for its Cell Driver™ technology for stationary energy storage and subsequent to the quarter secured an exclusive manufacturing partner which is anticipated to meet "buy America" incentives available to Exro customersStrong financial position as of March
May 10, 2023 07:51 pm ET
Exro Technologies Announces First Quarter 2023 Financial Results
Exro generated revenue of $324,769 for the three months ended March 31, 2023Added additional strategic partnerships for its Coil Driver™ technology for electric vehicles in the period in Wolong and an undisclosed European partner, which are expected to help accelerate Exro's market penetrationEntered into additional channel sales partnerships for its Cell Driver™ technology for stationary energy storage and subsequent to the quarter secured an exclusive manufacturing partner which is anticipated to meet "buy America" incentives available to Exro customersStrong financial position as of March
May 08, 2023 07:30 am ET
Exro Names Re:Build Manufacturing Its Exclusive Cell Driver™ Manufacturing Partner and Announces New Channel Partnership Agreements
Exro accelerates its energy storage business, naming Re:Build Manufacturing its exclusive manufacturing partner and establishing new channel partnership agreements:
May 08, 2023 07:30 am ET
Exro Names Re:Build Manufacturing Its Exclusive Cell Driver™ Manufacturing Partner and Announces New Channel Partnership Agreements
Exro accelerates its energy storage business, naming Re:Build Manufacturing its exclusive manufacturing partner and establishing new channel partnership agreements:
Apr 17, 2023 07:30 am ET
Exro Announces Strategic Partnership with Top Three Global Motor Manufacturer, Wolong Electric Group
The strategic partnership amplifies Exro's market presence with access into Wolong's extensive customer network for e-mobility applications
Apr 17, 2023 07:30 am ET
Exro Announces Strategic Partnership with Top Three Global Motor Manufacturer, Wolong Electric Group
The strategic partnership amplifies Exro's market presence with access into Wolong's extensive customer network for e-mobility applications
Apr 06, 2023 07:30 am ET
Exro Announces Executive Chairman Stepping Down and Appointment of Interim Chairman Rod Copes
Executive Chairman Mark Godsy has announced stepping down as Chairman, effective March 31, 2023Director Rod Copes has been appointed to the position of Interim ChairThe transition aligns with Exro's evolution into series production in Q3 of this year and positioning for a Nasdaq listingCopes' decades of unique experience in scaling automotive manufacturing operations in the US will serve as a tremendous asset for Exro's upcoming stages of growthCALGARY, AB, April 6, 2023 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company th
Apr 06, 2023 07:30 am ET
Exro Announces Executive Chairman Stepping Down and Appointment of Interim Chairman Rod Copes
Executive Chairman Mark Godsy has announced stepping down as Chairman, effective March 31, 2023Director Rod Copes has been appointed to the position of Interim ChairThe transition aligns with Exro's evolution into series production in Q3 of this year and positioning for a Nasdaq listingCopes' decades of unique experience in scaling automotive manufacturing operations in the US will serve as a tremendous asset for Exro's upcoming stages of growthCALGARY, AB, April 6, 2023 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology com
Mar 30, 2023 07:48 pm ET
Exro Technologies Announces Fourth Quarter 2022 Financial Results
Exro generated revenue of $2.2 million for the twelve months that ended December 31, 2022. Successfully completed phase one of the integrated e-axle co-development program with strategic partner, and major tier-1 OEM supplier, Linamar Corporation.Exro Vehicle Systems Inc., a services arm to provide vehicle integration solutions for automakers pursuing electrification, successfully completed, and delivered multiple projects to customers. Successfully closed convertible debenture financing for gross proceeds of $15.0 million on December 30, 2022.Strong financial position as of March 30, 2023,
Mar 30, 2023 07:48 pm ET
Exro Technologies Announces Fourth Quarter 2022 Financial Results
Exro generated revenue of $2.2 million for the twelve months that ended December 31, 2022. Successfully completed phase one of the integrated e-axle co-development program with strategic partner, and major tier-1 OEM supplier, Linamar Corporation.Exro Vehicle Systems Inc., a services arm to provide vehicle integration solutions for automakers pursuing electrification, successfully completed, and delivered multiple projects to customers. Successfully closed convertible debenture financing for gross proceeds of $15.0 million on December 30, 2022.Strong financial position as of March 30, 2023,
Feb 27, 2023 06:30 am ET
Exro Announces Signing of Strategic Partnership MoU with European-Based Global Automotive Industry Supplier
The agreement provides the opportunity to significantly amplify Exro's market presence with access into the partner's global customer network for automotive and off-highway applications
Feb 27, 2023 06:30 am ET
Exro Announces Signing of Strategic Partnership MoU with European-Based Global Automotive Industry Supplier
The agreement provides the opportunity to significantly amplify Exro's market presence with access into the partner's global customer network for automotive and off-highway applications
Feb 07, 2023 06:30 am ET
Exro Partners with Greentech Renewables SW to Bring Energy Storage Systems to Commercial Building Owners Across the USA
The agreement with Greentech Renewables Southwest positions Exro's Cell Driver™ Energy Storage System into Greentech's extensive sales channel for solar and EV charging applications
Feb 07, 2023 06:30 am ET
Exro Partners with Greentech Renewables SW to Bring Energy Storage Systems to Commercial Building Owners Across the USA
The agreement with Greentech Renewables Southwest positions Exro's Cell Driver™ Energy Storage System into Greentech's extensive sales channel for solar and EV charging applications
Jan 17, 2023 06:30 am ET
Exro Releases Q1 2023 Letter to Shareholders
CALGARY, AB, Jan. 17, 2023 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") a leading clean technology company that has developed new generation power electronics that expand the capabilities of motors in electric vehicles and batteries in stationary energy storage, is pleased to announce the release of a Q1 2023 letter to shareholders.
Jan 17, 2023 06:30 am ET
Exro Releases Q1 2023 Letter to Shareholders
CALGARY, AB, Jan. 17, 2023 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") a leading clean technology company that has developed new generation power electronics that expand the capabilities of motors in electric vehicles and batteries in stationary energy storage, is pleased to announce the release of a Q1 2023 letter to shareholders.
Dec 30, 2022 08:38 am ET
Exro Announces Closing of Previously Announced Bought Deal Convertible Debenture Financing for Gross Proceeds of $15 Million
Exro Technologies Inc. (TSX: EXRO, OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed industry disruptive next generation power electronics that expands the capabilities of electric motors and batteries,...
Dec 05, 2022 04:53 pm ET
Exro Announces $15 million Bought Deal Offering of Secured Convertible Debenture Units
Exro Technologies Inc. (TSX: EXRO, OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announces that it has entered into an agreement...
Nov 30, 2022 06:30 am ET
Exro Announces Major Milestone with Linamar e-Axle Phase One Project Completion and Provides Operational Update
Exro has successfully completed phase one of its integrated e-axle co-development program with strategic partner, and major tier-1 OEM supplier, Linamar CorporationExro remains committed to delivering on remaining key deliverables on behalf of shareholders by year-end, including pilots to SEA Electric and Vicinity, and new strategic partnerCommencement of series production of Exro's Coil Driver™ remains on schedule for Q3 2023 from the Company's world-class manufacturing center in Calgary, Alberta Exro executives will host a live 'Deep-Dive' Shareholder Webcast today at 1:00 pm ET to discuss
Nov 30, 2022 06:30 am ET
Exro Announces Major Milestone with Linamar e-Axle Phase One Project Completion and Provides Operational Update
Exro has successfully completed phase one of its integrated e-axle co-development program with strategic partner, and major tier-1 OEM supplier, Linamar CorporationExro remains committed to delivering on remaining key deliverables on behalf of shareholders by year-end, including pilots to SEA Electric and Vicinity, and new strategic partnerCommencement of series production of Exro's Coil Driver™ remains on schedule for Q3 2023 from the Company's world-class manufacturing center in Calgary, Alberta Exro executives will host a live 'Deep-Dive' Shareholder Webcast today at 1:00 pm ET to discuss
Nov 21, 2022 06:30 am ET
Exro Technologies' Achieves ISO 9001 Certification for its World-Class Manufacturing and Innovation Centers in Calgary, Alberta
Exro has achieved ISO 9001:2015 certification at its world-class manufacturing center and innovation center, both located in Calgary, Alberta, Canada ISO 9001:2015 is an internationally recognized standard for quality, processes, and safety, and is a gateway prerequisite to IATF 16949 certification (global automotive quality management) Exro's manufacturing, innovation, and vehicle systems centers are complimentary operations, enabling Exro the ability to provide end-to-end technology solutions for customersExro has delivered on its commitment to shareholders to achieve ISO certification
Nov 21, 2022 06:30 am ET
Exro Technologies' Achieves ISO 9001 Certification for its World-Class Manufacturing and Innovation Centers in Calgary, Alberta
Exro has achieved ISO 9001:2015 certification at its world-class manufacturing center and innovation center, both located in Calgary, Alberta, Canada ISO 9001:2015 is an internationally recognized standard for quality, processes, and safety, and is a gateway prerequisite to IATF 16949 certification (global automotive quality management) Exro's manufacturing, innovation, and vehicle systems centers are complimentary operations, enabling Exro the ability to provide end-to-end technology solutions for customersExro has delivered on its commitment to shareholders to achieve ISO certification
Nov 18, 2022 06:30 am ET
Exro Technologies' Receives the 2022 Illuminations Award for Business Innovation from the National Electrical Manufacturers Association
Exro Technologies is winner of the 2022 'Illuminations Award for Business Innovation' from leading electrical manufacturing industry group NEMA Past notable winner of this award from the e-mobility space is 2019 recipient ChargePoint Holdings Inc.The recognition is the third major industry award received in 2022, following on Exro's recent AutoTech Breakthrough Award and the company's Edison Gold Award earlier this year Exro was selected based on the company's technical innovation and application of advanced technology in electrificationCALGARY, AB, Nov. 18, 2022 /CNW/ - Exro Technologies In
Nov 18, 2022 06:30 am ET
Exro Technologies' Receives the 2022 Illuminations Award for Business Innovation from the National Electrical Manufacturers Association
Exro Technologies is winner of the 2022 'Illuminations Award for Business Innovation' from leading electrical manufacturing industry group NEMA Past notable winner of this award from the e-mobility space is 2019 recipient ChargePoint Holdings Inc.The recognition is the third major industry award received in 2022, following on Exro's recent AutoTech Breakthrough Award and the company's Edison Gold Award earlier this year Exro was selected based on the company's technical innovation and application of advanced technology in electrificationCALGARY, AB, Nov. 18, 2022 /PRNewswire/ - Exro Technolo
Nov 15, 2022 01:14 pm ET
IIROC Trade Resumption - EXRO
TORONTO, Nov. 15, 2022 /CNW/ - Trading resumes in:
Nov 15, 2022 01:02 pm ET
Exro Technologies' Announces Resolution to its Patent Dispute with ePropelled
CALGARY, AB, Nov. 15, 2022 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") a leading clean energy technology company that has developed new generation power control electronics that expand the capabilities of electric motors and batteries, is pleased to announce that it has resolved its dispute with ePropelled, Inc. relating to the patent infringement lawsuit that ePropelled filed against Exro in the U.S. District Court for the District of Massachusetts.
Nov 15, 2022 01:02 pm ET
Exro Technologies' Announces Resolution to its Patent Dispute with ePropelled
CALGARY, AB, Nov. 15, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") a leading clean energy technology company that has developed new generation power control electronics that expand the capabilities of electric motors and batteries, is pleased to announce that it has resolved its dispute with ePropelled, Inc. relating to the patent infringement lawsuit that ePropelled filed against Exro in the U.S. District Court for the District of Massachusetts.
Nov 15, 2022 11:05 am ET
IIROC Trading Halt - EXRO
TORONTO, Nov. 15, 2022 /CNW/ - The following issues have been halted by IIROC:
Nov 10, 2022 06:33 pm ET
Exro Technologies Provides Operational Update and Announces Third Quarter 2022 Financial Results
Exro remains on schedule for key deliverables and milestones in Q4 2022, including: prototype e-axle delivery to Linamar, pilots to both Vicinity and SEA Electric, ISO certification by year-endFirst deliveries of Exro's Coil DriverTM for series production remain on schedule to begin in Q3 2023Exro's Cell DriverTM on schedule to complete UL certification requirements in Q2 2023 with discussions ongoing with integration partners for distribution agreementsFollowing a capital raise of approximately $9.8 million in September, the company exited Q3 2023 with approximately $13.1 million in cash, f
Nov 10, 2022 06:33 pm ET
Exro Technologies Provides Operational Update and Announces Third Quarter 2022 Financial Results
Exro remains on schedule for key deliverables and milestones in Q4 2022, including: prototype e-axle delivery to Linamar, pilots to both Vicinity and SEA Electric, ISO certification by year-endFirst deliveries of Exro's Coil DriverTM for series production remain on schedule to begin in Q3 2023Exro's Cell DriverTM on schedule to complete UL certification requirements in Q2 2023 with discussions ongoing with integration partners for distribution agreementsFollowing a capital raise of approximately $9.8 million in September, the company exited Q3 2023 with approximately $13.1 million in cash, f
Oct 13, 2022 08:10 am ET
Exro Technologies' Wins Innovation of the Year Award at 2022 - AutoTech Breakthrough Awards
Exro's Coil Driver™ technology named the '2022 Engine Tech Innovation of the Year' winner at AutoTech's 2022 Breakthrough Awards. The recognition is the second industry award received in 2022, following on the heels of Exro's Edison Gold Award win for Best New Product in Manufacturing, Logistics and Transportation earlier this year. Exro's Coil DriverTM was chosen for its innovative ability to bridge the performance-cost gap by its ability to deliver more power, speed, torque, and range at a lower cost of ownership.The spirit of the AutoTech Breakthrough Awards is to highlight 'Breakthrough'
Oct 13, 2022 08:10 am ET
Exro Technologies' Wins Innovation of the Year Award at 2022 - AutoTech Breakthrough Awards
Exro's Coil Driver™ technology named the '2022 Engine Tech Innovation of the Year' winner at AutoTech's 2022 Breakthrough Awards. The recognition is the second industry award received in 2022, following on the heels of Exro's Edison Gold Award win for Best New Product in Manufacturing, Logistics and Transportation earlier this year. Exro's Coil DriverTM was chosen for its innovative ability to bridge the performance-cost gap by its ability to deliver more power, speed, torque, and range at a lower cost of ownership.The spirit of the AutoTech Breakthrough Awards is to highlight 'Breakthrough'
Oct 05, 2022 07:30 am ET
Exro Signs Product Development Agreement with Global Market Leader for Off-Highway Application of Hybrid Electric Powertrain
The agreement includes development of a new product offering utilizing Exro's next-generation Coil DriverTM automotive inverter technology for a hybrid diesel-electric application
Oct 05, 2022 07:30 am ET
Exro Signs Product Development Agreement with Global Market Leader for Off-Highway Application of Hybrid Electric Powertrain
The agreement includes development of a new product offering utilizing Exro's next-generation Coil DriverTM automotive inverter technology for a hybrid diesel-electric application
Sep 28, 2022 07:30 am ET
Exro Signs Strategic Distribution Agreement with Inferno Solar for Energy Storage
The strategic agreement includes deployment of a new solar-plus-storage product offering, with Inferno granted exclusive distribution rights throughout Western Canada
Sep 28, 2022 07:30 am ET
Exro Signs Strategic Distribution Agreement with Inferno Solar for Energy Storage
The strategic agreement includes deployment of a new solar-plus-storage product offering, with Inferno granted exclusive distribution rights throughout Western Canada
Sep 27, 2022 07:30 am ET
Exro Technologies Energy Storage System Demonstrates Industry-Leading Performance in Phase One UL Certification Tests
Exro exceeds highest UL requirements to demonstrate best-in-class safety performance during large-scale fire testing of the company's Cell Driver™ Energy Storage System
Sep 27, 2022 07:30 am ET
Exro Technologies Energy Storage System Demonstrates Industry-Leading Performance in Phase One UL Certification Tests
Exro exceeds highest UL requirements to demonstrate best-in-class safety performance during large-scale fire testing of the company's Cell Driver™ Energy Storage System
Sep 20, 2022 07:08 pm ET
Exro Announces Closing of Non-Brokered Private Placement
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Sep 01, 2022 09:13 am ET
Exro Announces Closing of Brokered Public Offering and Update on Concurrent Non-Brokered Private Placement
Exro Technologies Inc. (TSX: EXRO, OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed industry disruptive next generation power electronics that expands the capabilities of electric motors and batteries,...
Aug 25, 2022 06:07 pm ET
Exro Files Prospectus Supplement
Exro Technologies Inc. (TSX: EXRO, OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, is pleased to announce that it has filed a...
Aug 24, 2022 08:01 am ET
IIROC Trade Resumption - EXRO
TORONTO, Aug. 24, 2022 /CNW/ - Trading resumes in:
Aug 23, 2022 03:35 pm ET
IIROC Trading Halt - EXRO
TORONTO, Aug. 23, 2022 /CNW/ - The following issues have been halted by IIROC:
Aug 23, 2022 03:30 pm ET
Exro Announces a Public and Private Financing of up to approximately $10mm
Exro Technologies Inc. (TSX: EXRO, OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announces that it has commenced a marketed public...
Aug 16, 2022 07:30 am ET
Exro Technologies Signs Multiyear Agreement with SEA Electric to Supply Coil Drive Systems for Next-Generation Commercial Electric Vehicles
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 Q4 2022. After successful in-field validation with the pilot, the first purchase order will supply 500 units with deliveries starting in Q4 2023, followed by increasing volume of production series systems up to a minimum of 1,500 units over the 36-month term of the agreement.SEA Electric's innovative zero-emissions electric vehicle powertrains, optimized with Exro's Coil Driver™ technology, will make next-genera
Aug 16, 2022 07:30 am ET
Exro Technologies Signs Multiyear Agreement with SEA Electric to Supply Coil Drive Systems for Next-Generation Commercial Electric Vehicles
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 Q4 2022. After successful in-field validation with the pilot, the first purchase order will supply 500 units with deliveries starting in Q4 2023, followed by increasing volume of production series systems up to a minimum of 1,500 units over the 36-month term of the agreement.SEA Electric's innovative zero-emissions electric vehicle powertrains, optimized with Exro's Coil Driver™ technology, will make next-genera
Aug 11, 2022 07:12 pm ET
Exro Technologies Announces Second Quarter 2022 Financial Results
The Company continued progress on its world-class manufacturing facility during the quarter, including delivery of all equipment required for Surface Mount Technology ("SMT") and Printed Circuit Board ("PCB") assembly lines, included in phase one of the facility operations. Exro is on track to commission the phase one assets in the second half of 2022.Exro Vehicle Systems Inc, a division of Exro Technologies Inc., continued to deliver against its ongoing projects, in addition to securing a purchaser order to provide more than $US1 million in engineering design services to a Tier-1 automotive
Aug 11, 2022 07:12 pm ET
Exro Technologies Announces Second Quarter 2022 Financial Results
The Company continued progress on its world-class manufacturing facility during the quarter, including delivery of all equipment required for Surface Mount Technology ("SMT") and Printed Circuit Board ("PCB") assembly lines, included in phase one of the facility operations. Exro is on track to commission the phase one assets in the second half of 2022.Exro Vehicle Systems Inc, a division of Exro Technologies Inc., continued to deliver against its ongoing projects, in addition to securing a purchaser order to provide more than $US1 million in engineering design services to a Tier-1 automotive
Aug 09, 2022 07:30 am ET
Exro Announces Submission of Energy Storage System for UL Certification
Exro has initiated the process to obtain UL certification for its Energy Storage System (ESS), powered by its patented Battery Control System™ (BCS) technology. Exro's ESS is designed to maximize the lifespan of batteries in first-life and second-life, creating an option for reuse of electric cell battery packs, minimizing waste and establishing a pathway to a circular economy. Submission for UL certification marks a significant milestone for Exro's ESS in its path to commercialization. Exro is positioning itself to meet high demand for low-cost energy storage solutions for the commerc
Aug 09, 2022 07:30 am ET
Exro Announces Submission of Energy Storage System for UL Certification
Exro has initiated the process to obtain UL certification for its Energy Storage System (ESS), powered by its patented Battery Control System™ (BCS) technology. Exro's ESS is designed to maximize the lifespan of batteries in first-life and second-life, creating an option for reuse of electric cell battery packs, minimizing waste and establishing a pathway to a circular economy. Submission for UL certification marks a significant milestone for Exro's ESS in its path to commercialization. Exro is positioning itself to meet high demand for low-cost energy storage solutions for the commerc
Jul 14, 2022 12:30 pm ET
Exro Announces Partner Milestones, Technology and Company Updates Via Live Webcast
Exro CEO Sue Ozdemir hosts a live webcast to provide shareholders a view inside its manufacturing facility and a review of the first half of 2022.Exro shared a virtual tour of its state-of-the-art sustainable manufacturing facility in Calgary, Alberta, demonstrating progress towards establishing a resilient, localized supply chain in North America.Additional highlights from the webcast include business updates, as well as a recap of accomplishments in the first half of this year.CALGARY, AB, July 14, 2022 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a
Jul 14, 2022 12:30 pm ET
Exro Announces Partner Milestones, Technology and Company Updates Via Live Webcast
Exro CEO Sue Ozdemir hosts a live webcast to provide shareholders a view inside its manufacturing facility and a review of the first half of 2022.Exro shared a virtual tour of its state-of-the-art sustainable manufacturing facility in Calgary, Alberta, demonstrating progress towards establishing a resilient, localized supply chain in North America.Additional highlights from the webcast include business updates, as well as a recap of accomplishments in the first half of this year.CALGARY, AB, July 14, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exr
Jun 30, 2022 05:32 pm ET
Exro Report of Voting Results at 2022 Annual General Meeting
All Exro director nominees listed in the Management Information Circular dated May 24, 2022, were elected as directors of the Company at its Annual General Meeting of Shareholders (the "Meeting") held earlier today in Vancouver, B.C.CALGARY, AB, June 30, 2022 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today that all candidates listed in the Company's Management Information Circular dated May 24, 2022 were elected as dire
Jun 15, 2022 04:30 pm ET
Exro Refutes Unsubstantiated Claims of Patent Infringement, Files Petition for Review of ePropelled Patent
In response to claims made by ePropelled, Exro has filed a petition with the U.S. Patent and Trademark Office for review of ePropelled's patent.Exro asserts that the patent which ePropelled claims it has infringed is invalid.Exro also submitted an in-depth independent analysis of the patent by award-winning MIT Professor.CALGARY, AB, June 15, 2022 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, is issuing this statement in response to
Jun 15, 2022 04:30 pm ET
Exro Refutes Unsubstantiated Claims of Patent Infringement, Files Petition for Review of ePropelled Patent
In response to claims made by ePropelled, Exro has filed a petition with the U.S. Patent and Trademark Office for review of ePropelled's patent.Exro asserts that the patent which ePropelled claims it has infringed is invalid.Exro also submitted an in-depth independent analysis of the patent by award-winning MIT Professor.CALGARY, AB, June 15, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, is issuing this statement in respo
Jun 14, 2022 08:31 am ET
evTS to Showcase FireFly ESV at Last Mile Delivery Summit & Expo 2022
Leading Industry Event Brings Together Fleet Operators with Service Providers to Shape a More Sustainable, Efficient Future for Last Mile Delivery
Jun 01, 2022 08:31 am ET
evTS Delivers FireFly ESV to the City of Santa Monica, California
2022 Demonstration Vehicle to Display Urban Mobility Capabilities to One of the Nation's Leading Sustainable Cities; Enables Use within Santa Monica's First-of-Kind Zero Emissions Delivery Zone
May 19, 2022 07:30 am ET
Exro Technologies Adds Former Rivian Chief Operating Officer to Board of Directors
Rod Copes, recently retired Chief Operating Officer at Rivian has joined Exro's Board of Directors.A graduate of the Massachusetts Institute of Technology and former senior executive with Harley-Davidson, Royal Enfield, and Rivian, Copes brings deep technical knowledge and vast mobility industry experience to Exro's Board of Directors.Copes replaces Julie Wurmlinger, who resigned due to personal reasons.CALGARY, AB, May 19, 2022 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power elec
May 19, 2022 07:30 am ET
Exro Technologies Adds Former Rivian Chief Operating Officer to Board of Directors
Rod Copes, recently retired Chief Operating Officer at Rivian has joined Exro's Board of Directors.A graduate of the Massachusetts Institute of Technology and former senior executive with Harley-Davidson, Royal Enfield, and Rivian, Copes brings deep technical knowledge and vast mobility industry experience to Exro's Board of Directors.Copes replaces Julie Wurmlinger, who resigned due to personal reasons.CALGARY, AB, May 19, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of pow
May 16, 2022 07:30 am ET
Exro Technologies CEO to Speak at TechCrunch Sessions: Mobility and Collision in Q2 2022
Exro CEO Sue Ozdemir will be a featured speaker at this year's TechCrunch Sessions: Mobility in San Mateo, California from May 18-20, 2022.Ozdemir will subsequently speak at Collision in Toronto June 20-23, 2022.Both events will enable Exro leadership to engage in two of North America's leading technology events, surrounded by innovators, entrepreneurs and automotive leaders.CALGARY, AB, May 16, 2022 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors an
May 16, 2022 07:30 am ET
Exro Technologies CEO to Speak at TechCrunch Sessions: Mobility and Collision in Q2 2022
Exro CEO Sue Ozdemir will be a featured speaker at this year's TechCrunch Sessions: Mobility in San Mateo, California from May 18-20, 2022.Ozdemir will subsequently speak at Collision in Toronto June 20-23, 2022.Both events will enable Exro leadership to engage in two of North America's leading technology events, surrounded by innovators, entrepreneurs and automotive leaders.CALGARY, AB, May 16, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric mo
May 12, 2022 06:06 pm ET
Exro Technologies Announces First Quarter 2022 Financial Results
The Company continued to increase its capital assets in the first quarter of 2022 through phase one of its world-class automated inverter facility, including the construction of the Company's cleanroom.Exro Vehicle Systems opened their office in Dexter, Michigan on January 1, 2022 further positioning the services division to execute and provide end-to-end elective vehicle (EV) design and engineering services.Exro received the Gold Edison Award for Best New Product in manufacturing, logistics and transportation at the 2022 Edison Awards.The Company entered into a sales and services agreement
May 12, 2022 06:06 pm ET
Exro Technologies Announces First Quarter 2022 Financial Results
The Company continued to increase its capital assets in the first quarter of 2022 through phase one of its world-class automated inverter facility, including the construction of the Company's cleanroom.Exro Vehicle Systems opened their office in Dexter, Michigan on January 1, 2022 further positioning the services division to execute and provide end-to-end elective vehicle (EV) design and engineering services.Exro received the Gold Edison Award for Best New Product in manufacturing, logistics and transportation at the 2022 Edison Awards.The Company entered into a sales and services agreement
May 11, 2022 08:31 am ET
evTS Announces Partnership with Exro Technologies to Deploy Enhanced Powertrain System in 2023 Model Year FireFly Vehicles
Exro Coil Drive System to be Deployed in 2023 Model Year FireFly Vehicles to Increase Range, Efficiency and Available Torque
May 11, 2022 07:00 am ET
Exro Signs Multiyear Agreement with evTS and Announces Initial Purchase Order for 1,000 Coil Drive Systems Starting in 2023
evTS signs purchase order with Exro for a first lot of 1,000 Coil Drive System units with initial deliveries beginning in 2023.After months of development under NDA and integration into evTS Firefly vehicles, Exro will supply its 100V Coil Drive System.After demonstrating the successful integration of the production Exro Coil Drive System, the technology will be deployed in evTS 2023 FireFly vehicles to increase range, efficiency and available torque.evTS' innovative FireFly ESV, optimized with Exro's Coil Driver™ technology will make urban essential services and last-mile delivery applicati
May 11, 2022 07:00 am ET
Exro Signs Multiyear Agreement with evTS and Announces Initial Purchase Order for 1,000 Coil Drive Systems Starting in 2023
evTS signs purchase order with Exro for a first lot of 1,000 Coil Drive System units with initial deliveries beginning in 2023.After months of development under NDA and integration into evTS Firefly vehicles, Exro will supply its 100V Coil Drive System.After demonstrating the successful integration of the production Exro Coil Drive System, the technology will be deployed in evTS 2023 FireFly vehicles to increase range, efficiency and available torque.evTS' innovative FireFly ESV, optimized with Exro's Coil Driver™ technology will make urban essential services and last-mile delivery applicati
May 03, 2022 07:00 am ET
Exro Technologies Signs Multiyear Agreement with Vicinity Motor Corp. to Supply Coil Drivers to Enhance Electric Bus Powertrains
Exro will supply Vicinity Motor Corp. with high-voltage Coil Drive Systems, beginning with a pilot in Q2 2022.The multiyear agreement includes a first lot purchase order of 100 units with up to 2,500 units planned for delivery over the 36-month term.Vicinity electric vehicles optimized with Exro Coil Driver™ technology will make electric buses for public transit more sustainable, cost-effective, and efficient.Exro will also provide electric vehicle design and engineering services from its Vehicle Systems division for additional revenue.The deal marks a milestone in Exro's work to accelerate
May 03, 2022 07:00 am ET
Exro Technologies Signs Multiyear Agreement with Vicinity Motor Corp. to Supply Coil Drivers to Enhance Electric Bus Powertrains
Exro will supply Vicinity Motor Corp. with high-voltage Coil Drive Systems, beginning with a pilot in Q2 2022.The multiyear agreement includes a first lot purchase order of 100 units with up to 2,500 units planned for delivery over the 36-month term.Vicinity electric vehicles optimized with Exro Coil Driver™ technology will make electric buses for public transit more sustainable, cost-effective, and efficient.Exro will also provide electric vehicle design and engineering services from its Vehicle Systems division for additional revenue.The deal marks a milestone in Exro's work to accelerate
Apr 22, 2022 01:30 pm ET
Exro Technologies' Coil Driver™ Wins 2022 Edison Award
Exro Technologies was named a Gold award winner for the 2022 Edison Best New Product Awards™ in manufacturing, logistics and transportation.Coil Driver was recognized by 3,000 world-leading business executives, academics and innovation professionals for its ability to deliver more power, speed and torque from a single electric motor.CEO Sue Ozdemir accepted the award on behalf of Exro at an event in Fort Myers, Florida.CALGARY, AB, April 22, 2022 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new c
Apr 22, 2022 01:30 pm ET
Exro Technologies' Coil Driver™ Wins 2022 Edison Award
Exro Technologies was named a Gold award winner for the 2022 Edison Best New Product Awards™ in manufacturing, logistics and transportation.Coil Driver was recognized by 3,000 world-leading business executives, academics and innovation professionals for its ability to deliver more power, speed and torque from a single electric motor.CEO Sue Ozdemir accepted the award on behalf of Exro at an event in Fort Myers, Florida.CALGARY, AB, April 22, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed
Apr 07, 2022 04:30 pm ET
Exro Company Announces Partner Milestones, Technology and Company Updates Ahead of Quarterly Webcast
Exro CEO Sue Ozdemir will host the company's quarterly webcast to provide shareholders with an update on the company and its new and ongoing projects.Highlights from the webcast will include results from recent performance testing demonstrating superior Coil Driver performance.Exro will also discuss recent notable hires and Coil Driver recognition as an Edison Awards Finalist.CALGARY, AB, April 7, 2022 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors
Apr 07, 2022 04:30 pm ET
Exro Company Announces Partner Milestones, Technology and Company Updates Ahead of Quarterly Webcast
Exro CEO Sue Ozdemir will host the company's quarterly webcast to provide shareholders with an update on the company and its new and ongoing projects.Highlights from the webcast will include results from recent performance testing demonstrating superior Coil Driver performance.Exro will also discuss recent notable hires and Coil Driver recognition as an Edison Awards Finalist.CALGARY, AB, April 7, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric
Mar 29, 2022 06:22 pm ET
Exro Technologies Announces Fourth Quarter 2021 Financial Results
Research and development activities increased twofold for the twelve months ended December 31, 2021, as Exro expanded development relationships and executed on testing and validation of projects to advance the Company's goals for commercialization in 2022. Exro Vehicle Systems Inc. launched as a services division to provide vehicle integration solutions for automakers pursing electrification. Exro successfully completed a vehicle integration of its 100 Volt Coil Driver™ technology, marking the second vehicle integration of the technology. Exro opened the doors for employees to its 37,000 squ
Mar 29, 2022 06:22 pm ET
Exro Technologies Announces Fourth Quarter 2021 Financial Results
Research and development activities increased twofold for the twelve months ended December 31, 2021, as Exro expanded development relationships and executed on testing and validation of projects to advance the Company's goals for commercialization in 2022. Exro Vehicle Systems Inc. launched as a services division to provide vehicle integration solutions for automakers pursing electrification. Exro successfully completed a vehicle integration of its 100 Volt Coil Driver™ technology, marking the second vehicle integration of the technology. Exro opened the doors for employees to its 37,000 squ
Mar 23, 2022 07:30 am ET
Former Rivian Chief Operating Officer Joins Exro Technologies Advisory Board, Brings Strategic Knowledge from Global Mobility Industry to Commercialize Brand
Exro named Rod Copes, recently retired Chief Operating Officer at Rivian, to its advisory board. A graduate of the Massachusetts Institute of Technology and former senior executive with Harley-Davidson, Royal Enfield, and Rivian, Copes brings deep technical knowledge and vast mobility industry experience to Exro's advisory board. Copes' broad general management experience will provide strategic direction as Exro shifts from development to commercialization. CALGARY, AB, March 23, 2022 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean techno
Mar 23, 2022 07:30 am ET
Former Rivian Chief Operating Officer Joins Exro Technologies Advisory Board, Brings Strategic Knowledge from Global Mobility Industry to Commercialize Brand
Exro named Rod Copes, recently retired Chief Operating Officer at Rivian, to its advisory board. A graduate of the Massachusetts Institute of Technology and former senior executive with Harley-Davidson, Royal Enfield, and Rivian, Copes brings deep technical knowledge and vast mobility industry experience to Exro's advisory board. Copes' broad general management experience will provide strategic direction as Exro shifts from development to commercialization. CALGARY, AB, March 23, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean
Mar 22, 2022 07:30 am ET
Tests Show Exro's Coil DriverTM Technology Improves Electric Motorcycle Performance and Enhances Efficiencies
Exro completed new performance and efficiency testing using a 100 Volt Coil Driver and Zero Motorcycles' electric motor demonstrating the ability of Exro's 100 Volt Coil Driver to significantly increase motor output in light electric vehicles.Coil Driver delivered improvements to power and torque and enhanced efficiency at high speed with actual results aligning to simulated results. The latest results support Exro's increasingly strong competitive position in the lightweight electric mobility market and support growing brand recognition for Exro in the market for affordable light electric v
Mar 22, 2022 07:30 am ET
Tests Show Exro's Coil DriverTM Technology Improves Electric Motorcycle Performance and Enhances Efficiencies
Exro completed new performance and efficiency testing using a 100 Volt Coil Driver and Zero Motorcycles' electric motor demonstrating the ability of Exro's 100 Volt Coil Driver to significantly increase motor output in light electric vehicles.Coil Driver delivered improvements to power and torque and enhanced efficiency at high speed with actual results aligning to simulated results. The latest results support Exro's increasingly strong competitive position in the lightweight electric mobility market and support growing brand recognition for Exro in the market for affordable light electric v
Feb 17, 2022 06:30 am ET
Darrell Bishop, Seasoned Capital Markets Professional, Joins Exro as President, Finance and Investor Relations
Exro is pleased to welcome Darrell Bishop as President, Finance and Investor Relations. Bishop brings extensive capital markets experience to the role, building his career in equity research and investment banking roles with major banks and industry-leading independent investment firms. As part of the executive team in his role as President, Finance & Investor Relations, Bishop will lead Exro's finance and capital markets strategy, ensuring strategies are appropriately aligned with investors, regulators, analysts, and all external and internal stakeholders. CALGARY, AB, Feb. 17, 2022 /P
Feb 17, 2022 06:30 am ET
Darrell Bishop, Seasoned Capital Markets Professional, Joins Exro as President, Finance and Investor Relations
Exro is pleased to welcome Darrell Bishop as President, Finance and Investor Relations. Bishop brings extensive capital markets experience to the role, building his career in equity research and investment banking roles with major banks and industry-leading independent investment firms. As part of the executive team in his role as President, Finance & Investor Relations, Bishop will lead Exro's finance and capital markets strategy, ensuring strategies are appropriately aligned with investors, regulators, analysts, and all external and internal stakeholders. CALGARY, AB, Feb. 17, 2022 /C
Feb 16, 2022 10:14 am ET
Exro Files Defamation Lawsuit Against ePropelled Inc.
Exro has filed a lawsuit against ePropelled Inc. in Middlesex County Superior Court in the Commonwealth of Massachusetts.The lawsuit alleges that ePropelled made a damaging defamatory statement about Exro in its January 24, 2022, press release, and that ePropelled violated Chapter 93A of the Massachusetts General Laws.Exro has filed this lawsuit to hold ePropelled accountable for its tortious conduct.CALGARY, AB, Feb. 16, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power
Feb 16, 2022 10:14 am ET
Exro Files Defamation Lawsuit Against ePropelled Inc.
Exro has filed a lawsuit against ePropelled Inc. in Middlesex County Superior Court in the Commonwealth of Massachusetts.The lawsuit alleges that ePropelled made a damaging defamatory statement about Exro in its January 24, 2022, press release, and that ePropelled violated Chapter 93A of the Massachusetts General Laws.Exro has filed this lawsuit to hold ePropelled accountable for its tortious conduct.CALGARY, AB, Feb. 16, 2022 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electro
Feb 10, 2022 06:30 am ET
Exro Technologies' Coil Driver™ Named 2022 Edison Awards Finalist
Coil Driver chosen as a finalist in 2022 Edison Best New Product Awards™ for Manufacturing, logistics and transportation.Coil Driver is recognized by 3,000 world-leading business executives, academics, and innovation professionals for its ability to deliver more power, speed, and torque from a single electric motor.Award winners will be announced on April 21, 2022, in Fort Myers, Florida.
CALGARY, AB, Feb. 10, 2022 /PRNewswire/ – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics
Feb 09, 2022 06:30 am ET
Company Letter to Shareholders from Exro CEO Sue Ozdemir Ahead of Q1 2022 Webcast Update
The letter shares commercial, product, and company updates, details around the company's successful recent capital raise, and the focus and goals for the upcoming year. Our projects continue to progress on track, with Coil Driver pilots being delivered to customers through the second quarter. Exro has received conditional approval to up-list to the NASDAQ, and we are well-positioned to deliver for our shareholders. The facilities plan remains on track with a new dyno commissioning in Mesa this month to double product testing capacity. Exro will host a quarterly webcast update on Thursday, Ap
Jan 27, 2022 09:08 am ET
Exro Announces Increase In Bought Deal Financing to $17.5 Million
Exro Technologies Inc. (TSX: EXRO, OTCQB: EXROF) (the “Company” or “Exro”), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today that it has entered into an...
Jan 27, 2022 08:52 am ET
Exro Announces Increase In Bought Deal Financing to $17.5 Million
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Jan 27, 2022 08:39 am ET
ePropelled Provides Complaint Details in Response to Exro Technologies Inc. Claims on Patent Infringement Lawsuit
LOWELL, Mass., Jan. 27, 2022 /PRNewswire/ -- ePropelled, the Massachusetts-based technology company that offers leading-edge electric propulsion systems, today announced further details to the patent infringement lawsuit the company filed against Exro Technologies Inc. (TSX: EXRO, OTCQB: EXROF) on January 21, 2022.
Jan 26, 2022 07:35 pm ET
Exro Announces $15 Million Bought Deal Public Offering of Units
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Jan 26, 2022 04:32 pm ET
Exro Announces $15 Million Bought Deal Public Offering of Units
Exro Technologies Inc. (TSX: EXRO, OTCQB: EXROF) (the “Company” or “Exro”), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today that it has entered into an...
Jan 25, 2022 06:30 am ET
Exro Stands with Confidence Against Patent Infringement False Claims
Exro recognizes the importance of intellectual property, actively protects its own IP and respects other companies' valid IP rights. Exro takes exception to ePropelled Inc.'s unmerited patent infringement lawsuit and its inaccurate statement that Exro did not respond to ePropelled's inquiry to Exro concerning ePropelled's patent. Exro will investigate the allegations set forth in the complaint, and vigorously defend its technology.
Jan 24, 2022 01:57 pm ET
Exro Response to Patent Infringement Lawsuit
CALGARY, AB, Jan. 24, 2022 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, is issuing the following statement in response to the patent infringement lawsuit filed on January 21, 2022, by ePropelled Inc.:
Jan 03, 2022 05:00 pm ET
Exro Shifts to Virtual Presentation at CES
Exro has switched to an all-virtual presentation for the upcoming 2022 Consumer Electronics Show due to the rapidly spreading COVID-19 omicron variant. CES registrants can visit Exro's digital booth between January 5-7, 2022, to tour its next-generation electric vehicle demonstrators and learn about its Coil Driver and Battery Control System technologies. Exro CEO Sue Ozdemir will provide a live virtual booth tour for CES registrants on Thursday, January 6, 2022, at 10 AM PST. CALGARY, AB, Jan. 3, 2022 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"
Jan 03, 2022 05:00 pm ET
Exro Shifts to Virtual Presentation at CES
Exro has switched to an all-virtual presentation for the upcoming 2022 Consumer Electronics Show due to the rapidly spreading COVID-19 omicron variant. CES registrants can visit Exro's digital booth between January 5-7, 2022, to tour its next-generation electric vehicle demonstrators and learn about its Coil Driver and Battery Control System technologies. Exro CEO Sue Ozdemir will provide a live virtual booth tour for CES registrants on Thursday, January 6, 2022, at 10 AM PST. CALGARY, AB, Jan. 3, 2022 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a le
Dec 30, 2021 06:30 am ET
Exro Partners with Untitled Motorcycles to Integrate Coil Driver Technology into Award-Winning Electric Motorcycle
Exro has partnered with Untitled Motorcycles to integrate its 100 Volt Coil Driver technology into the award-winning XP Zero electric motorcycle. Tests show Exro's technology can provide a 25 percent increase in power and 15 percent increase in torque, boosting the modified XP Zero motorcycle to 162ftlb torque. Shareholders and the public are invited to view the XP Zero motorcycle, at CES booth 6019 from January 5-8, 2022. CALGARY, AB, Dec. 30, 2021 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a ne
Dec 30, 2021 06:30 am ET
Exro Partners with Untitled Motorcycles to Integrate Coil Driver Technology into Award-Winning Electric Motorcycle
Exro has partnered with Untitled Motorcycles to integrate its 100 Volt Coil Driver technology into the award-winning XP Zero electric motorcycle. Tests show Exro's technology can provide a 25 percent increase in power and 15 percent increase in torque, boosting the modified XP Zero motorcycle to 162ftlb torque. Shareholders and the public are invited to view the XP Zero motorcycle, at CES booth 6019 from January 5-8, 2022. CALGARY, AB, Dec. 30, 2021 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has develop
Dec 17, 2021 06:30 am ET
Exro Announces Filing of a Final Base Shelf Prospectus for $200,000,000
Exro has filed a final short form base shelf prospectus with the securities regulatory authorities in Canada. This shelf prospectus is being filed to give Exro the flexibility to take advantage of financing opportunities at its discretion and when market conditions are favourable. CALGARY, AB, Dec. 17, 2021 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today that it has filed a final short form base shelf prospectus with t
Dec 17, 2021 06:30 am ET
Exro Announces Filing of a Final Base Shelf Prospectus for $200,000,000
Exro has filed a final short form base shelf prospectus with the securities regulatory authorities in Canada. This shelf prospectus is being filed to give Exro the flexibility to take advantage of financing opportunities at its discretion and when market conditions are favourable. CALGARY, AB, Dec. 17, 2021 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today that it has filed a final short form base shelf prospectus
Dec 16, 2021 06:30 am ET
Exro to Repurpose evTS Electric Vehicle Batteries into Second-Life Energy Storage System
Exro has announced a development partnership with evTS, a speciality EV manufacturer that produces purpose-built, lightweight commercial utility vehicles, to repurpose the batteries from evTS' flagship FireFly® ESV for reuse in a second-life energy storage application. The pilot project will aim to optimize and repurpose the FireFly ESV batteries into a second life, supporting 5-10 years of additional second-life use, with its Energy Storage System (ESS), which is equipped with its patented Battery Control System™ (BCS) technology. Exro is also exploring how its technology can optimize the F
Dec 16, 2021 06:30 am ET
Exro to Repurpose evTS Electric Vehicle Batteries into Second-Life Energy Storage System
Exro has announced a development partnership with evTS, a speciality EV manufacturer that produces purpose-built, lightweight commercial utility vehicles, to repurpose the batteries from evTS' flagship FireFly® ESV for reuse in a second-life energy storage application. The pilot project will aim to optimize and repurpose the FireFly ESV batteries into a second life, supporting 5-10 years of additional second-life use, with its Energy Storage System (ESS), which is equipped with its patented Battery Control System™ (BCS) technology. Exro is also exploring how its technology can optimize the F
Dec 09, 2021 06:30 am ET
Exro Opens Doors to Automotive Grade Canadian Manufacturing Facility in Calgary, Alberta
Exro opens doors for employees to its 37,000 square foot Canadian manufacturing facility in Calgary, Alberta. Exro's new facility in Canada will be equipped with automotive quality production lines, product showrooms, and collaborative office space, and can produce up to 100,000 units of Coil Driver annually for use across the Company's product lines. Opening of Exro's Canadian manufacturing facility rounds out a year of expansion and job creation, it follows announcements of Exro's U.S. headquarters in Mesa, Arizona and Vehicle Systems Division in Detroit, Michigan. CALGARY, AB, Dec. 9, 2
Dec 09, 2021 06:30 am ET
Exro Opens Doors to Automotive Grade Canadian Manufacturing Facility in Calgary, Alberta
Exro opens doors for employees to its 37,000 square foot Canadian manufacturing facility in Calgary, Alberta. Exro's new facility in Canada will be equipped with automotive quality production lines, product showrooms, and collaborative office space, and can produce up to 100,000 units of Coil Driver annually for use across the Company's product lines. Opening of Exro's Canadian manufacturing facility rounds out a year of expansion and job creation, it follows announcements of Exro's U.S. headquarters in Mesa, Arizona and Vehicle Systems Division in Detroit, Michigan. CALGARY, AB, Dec. 9, 2
Dec 08, 2021 06:30 am ET
Exro to Showcase Next-Generation EV Technology in Demonstration Vehicles for the First Time at CES 2022
Exro will exhibit at CES in Las Vegas, Nevada, from January 5-8, 2022, at booth number 6019. At its booth, Exro will unveil three next-generation electric vehicle demonstrators that have been retrofitted with its Coil Driver technology to improve performance and versatility. Exro will also demo its second-life energy storage technology and be accompanied at the booth by key partners, including global automobile parts manufacturer Linamar that's optimizing its e-axle with Exro's Coil Driver technology. Exro is targeting to connect with key stakeholders and decision-makers at the event, as wel
Dec 08, 2021 06:30 am ET
Exro to Showcase Next-Generation EV Technology in Demonstration Vehicles for the First Time at CES 2022
Exro will exhibit at CES in Las Vegas, Nevada, from January 5-8, 2022, at booth number 6019. At its booth, Exro will unveil three next-generation electric vehicle demonstrators that have been retrofitted with its Coil Driver technology to improve performance and versatility. Exro will also demo its second-life energy storage technology and be accompanied at the booth by key partners, including global automobile parts manufacturer Linamar that's optimizing its e-axle with Exro's Coil Driver technology. Exro is targeting to connect with key stakeholders and decision-makers at the event, as wel
Dec 02, 2021 06:30 am ET
Exro and LAND Update Coil Driver™ Voltage to Create Optimized Powertrain for the Lightweight Electric Mobility Market
Exro and LAND initially engaged in an agreement to optimize the LAND District motorcycle powertrain with Exro's 48 V Coil Driver. With LAND evolving the District motorcycle design in the validation process, the application now requires a larger drive. Exro and LAND are moving forward with the 72 V Coil Driver and are targeting completion by end of Q3 2022. CALGARY, AB, Dec. 2, 2021 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries
Dec 02, 2021 06:30 am ET
Exro and LAND Update Coil Driver™ Voltage to Create Optimized Powertrain for the Lightweight Electric Mobility Market
Exro and LAND initially engaged in an agreement to optimize the LAND District motorcycle powertrain with Exro's 48 V Coil Driver. With LAND evolving the District motorcycle design in the validation process, the application now requires a larger drive. Exro and LAND are moving forward with the 72 V Coil Driver and are targeting completion by end of Q3 2022. CALGARY, AB, Dec. 2, 2021 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, annou
Nov 23, 2021 06:30 am ET
Exro Employees Move into US Headquarters in Mesa, Arizona
Exro employees have settled into the Mesa, Arizona office as construction continues in the research and development facility, which is expected to be completed in the second quarter of 2022. The 15,000 square foot facility will increase Exro's Coil Driver™ testing capacity and create space for developing its Energy Storage Systems. The U.S. headquarters opening comes shortly after Exro filed its application to list on the Nasdaq and aligns with its global expansion plans to increase demand for its technologies in the marketplace. CALGARY, AB, Nov. 23, 2021 /PRNewswire/ - Exro Technologies I
Nov 23, 2021 06:30 am ET
Exro Employees Move into US Headquarters in Mesa, Arizona
Exro employees have settled into the Mesa, Arizona office as construction continues in the research and development facility, which is expected to be completed in the second quarter of 2022. The 15,000 square foot facility will increase Exro's Coil Driver™ testing capacity and create space for developing its Energy Storage Systems. The U.S. headquarters opening comes shortly after Exro filed its application to list on the Nasdaq and aligns with its global expansion plans to increase demand for its technologies in the marketplace. CALGARY, AB, Nov. 23, 2021 /CNW/ - Exro Technologies Inc. (TS
Nov 18, 2021 06:00 pm ET
Exro Announces Filing of Shelf Prospectus
Exro has filed a preliminary and final short form base shelf prospectus with the securities regulatory authorities in Canada. This shelf prospectus is being filed to give Exro the flexibility to take advantage of financing opportunities at its discretion and when market conditions are favourable. CALGARY, AB, Nov. 18, 2021 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today that it has filed a preliminary and final
Nov 18, 2021 06:00 pm ET
Exro Announces Filing of Shelf Prospectus
Exro has filed a preliminary and final short form base shelf prospectus with the securities regulatory authorities in Canada. This shelf prospectus is being filed to give Exro the flexibility to take advantage of financing opportunities at its discretion and when market conditions are favourable. CALGARY, AB, Nov. 18, 2021 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today that it has filed a preliminary and final short
Nov 17, 2021 06:30 am ET
Nov 17, 2021 06:30 am ET
Nov 12, 2021 07:00 am ET
Exro Mourns the Death of Valued Board Member Eamonn Percy
Exro is deeply saddened to announce the passing of Eamonn Percy, a member of Exro's Board of Directors. The Exro community sends prayers and support to the family, friends and colleagues of Eamonn. CALGARY, AB, Nov. 12, 2021 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") announced today with great sadness that Eamonn Percy, a member of Exro's Board of Directors, has passed away.
Nov 12, 2021 07:00 am ET
Exro Mourns the Death of Valued Board Member Eamonn Percy
Exro is deeply saddened to announce the passing of Eamonn Percy, a member of Exro's Board of Directors. The Exro community sends prayers and support to the family, friends and colleagues of Eamonn. CALGARY, AB, Nov. 12, 2021 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro") announced today with great sadness that Eamonn Percy, a member of Exro's Board of Directors, has passed away.
Nov 09, 2021 07:30 pm ET
Exro Technologies Announces Third Quarter 2021 Financial Results
Research and development activities surged by six-fold for the nine months ended September 30, 2021, due to the increase in testing and validation of projects to achieve the Company's goals for commercialization. The Company's common shares began trading on the Toronto Stock Exchange on July 8, 2021. Unveiled a new application for the Coil Driver™, including the potential to dramatically reduce the cost and complexity associated with deploying electric vehicle infrastructure at scale. Announced the opening of a US headquarters in Mesa, Arizona, joining a robust e-mobility, and research and d
Nov 09, 2021 07:30 pm ET
Exro Technologies Announces Third Quarter 2021 Financial Results
Research and development activities surged by six-fold for the nine months ended September 30, 2021, due to the increase in testing and validation of projects to achieve the Company's goals for commercialization. The Company's common shares began trading on the Toronto Stock Exchange on July 8, 2021. Unveiled a new application for the Coil Driver™, including the potential to dramatically reduce the cost and complexity associated with deploying electric vehicle infrastructure at scale. Announced the opening of a US headquarters in Mesa, Arizona, joining a robust e-mobility, and research and d
Nov 08, 2021 07:00 am ET
Nov 08, 2021 07:00 am ET
Nov 03, 2021 08:00 am ET
Exro Launches Services Division to Provide Vehicle Integration Solutions for Automakers Pursuing Electrification
Exro has launched a new services arm to provide end-to-end electric vehicle (EV) design and engineering services for automakers, enabling Exro to introduce its technology in the earliest stages of vehicle integration. Former Bollinger Motors Technical Director and AVL Chief Engineer of Electrification Brian Van Batavia joins the Exro team as president of the division, bringing extensive expertise and a strong network of engineers in electric and connected vehicle integration. Exro will plan to open a facility in Detroit in 2022, the heart of the automotive industry, to service the top automa
Nov 03, 2021 08:00 am ET
Exro Launches Services Division to Provide Vehicle Integration Solutions for Automakers Pursuing Electrification
Exro has launched a new services arm to provide end-to-end electric vehicle (EV) design and engineering services for automakers, enabling Exro to introduce its technology in the earliest stages of vehicle integration. Former Bollinger Motors Technical Director and AVL Chief Engineer of Electrification Brian Van Batavia joins the Exro team as president of the division, bringing extensive expertise and a strong network of engineers in electric and connected vehicle integration. Exro will plan to open a facility in Detroit in 2022, the heart of the automotive industry, to service the top automa
Oct 07, 2021 12:00 pm ET
Exro Company Webcast Announces Partner Milestones and First Vehicle Integration of its Coil Driver Technology
Exro CEO Sue Ozdemir hosted the company's first quarterly webcast to provide shareholders with an update on the company and its many projects. 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. Exro also announced progress towards securing equipment necessary to bypass the long lead times the electric vehicle industry is currently facing, and that the new facilities remain on track to be completed next year. CALGARY,
Oct 07, 2021 12:00 pm ET
Exro Company Webcast Announces Partner Milestones and First Vehicle Integration of its Coil Driver Technology
Exro CEO Sue Ozdemir hosted the company's first quarterly webcast to provide shareholders with an update on the company and its many projects. 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. Exro also announced progress towards securing equipment necessary to bypass the long lead times the electric vehicle industry is currently facing, and that the new facilities remain on track to be completed next year. CALGARY,
Oct 07, 2021 08:00 am ET
Exro announces independent testing of Coil Driver™ technology conducted by AVL, proving power electronics breakthrough that advances electric vehicle performance
Independent third-party organization AVL conducted multiple tests on Exro's Coil Driver™, demonstrating its coil switching capabilities to optimize performance of an electric motor through the power electronics. Results also prove Exro's Coil Driver™ has successfully combined two traditionally separate formats of power electronics for the first time, that has the potential to reduce the weight and cost of electric powertrains. Third-party testing from an industry-leading company like AVL illustrates Exro's commitment to transparency and positions Exro as a pioneer in the power electronics an
Oct 07, 2021 08:00 am ET
Exro announces independent testing of Coil Driver™ technology conducted by AVL, proving power electronics breakthrough that advances electric vehicle performance
Independent third-party organization AVL conducted multiple tests on Exro's Coil Driver™, demonstrating its coil switching capabilities to optimize performance of an electric motor through the power electronics. Results also prove Exro's Coil Driver™ has successfully combined two traditionally separate formats of power electronics for the first time, that has the potential to reduce the weight and cost of electric powertrains. Third-party testing from an industry-leading company like AVL illustrates Exro's commitment to transparency and positions Exro as a pioneer in the power electronics an
Aug 31, 2021 08:00 am ET
Company Letter to Shareholders from Exro CEO Sue Ozdemir
Exro webcast scheduled for October 7th to provide company updates and answer questions. Links to join will be provided on company website prior to the event. Exro remains confident in ability to deliver 2022 milestones amid short-term delays with a few 2021 projects Exro will showcase the Coil Driver and BCS at upcoming industry conferences and in demonstration vehicles CALGARY, AB, Aug. 31, 2021 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and b
Aug 31, 2021 08:00 am ET
Company Letter to Shareholders from Exro CEO Sue Ozdemir
Exro webcast scheduled for October 7th to provide company updates and answer questions. Links to join will be provided on company website prior to the event. Exro remains confident in ability to deliver 2022 milestones amid short-term delays with a few 2021 projects Exro will showcase the Coil Driver and BCS at upcoming industry conferences and in demonstration vehicles CALGARY, AB, Aug. 31, 2021 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motor
Aug 19, 2021 08:00 am ET
Alan Gaines, Chairman and CEO of ALG Corp., Joins Exro Board of Directors
Alan Gaines is a globally respected and highly experienced investment banker/advisor and entrepreneur that is active within the clean tech sector, including electric vehicles, battery technology, and energy storage and infrastructure. Gaines' strong financial and governance related background, which includes significant experience with NASDAQ uplisting procedures and companies, M&A, and corporate development, will support Exro's future growth strategy. Gaines replaces Daniel McGahn who has resigned from the board for personal reasons. CALGARY, AB, Aug. 19, 2021 /CNW/ - Exro Technologies
Aug 19, 2021 08:00 am ET
Alan Gaines, Chairman and CEO of ALG Corp., Joins Exro Board of Directors
Alan Gaines is a globally respected and highly experienced investment banker/advisor and entrepreneur that is active within the clean tech sector, including electric vehicles, battery technology, and energy storage and infrastructure. Gaines' strong financial and governance related background, which includes significant experience with NASDAQ uplisting procedures and companies, M&A, and corporate development, will support Exro's future growth strategy. Gaines replaces Daniel McGahn who has resigned from the board for personal reasons. CALGARY, AB, Aug. 19, 2021 /PRNewswire/ - Exro Techn
Aug 11, 2021 07:01 pm ET
Exro Technologies Announces Second Quarter 2021 Financial Results
Entered into a strategic agreement with Linamar Corporation ("Linamar") to develop an advanced electric axle ("e-Axle") utilizing Coil DriverTM technology to improve cost and performance of Linamar's e-Axle product line. Successfully completed the pilot of the Battery Control System ("BCS") in operating a second life energy storage environment. Unveiled a new application for the Coil DriverTM, including the potential to dramatically reduce the cost and complexity associated with deploying electric vehicle infrastructure at scale. The Company's common shares began trading on the Toronto Stock
Aug 11, 2021 07:01 pm ET
Exro Technologies Announces Second Quarter 2021 Financial Results
Entered into a strategic agreement with Linamar Corporation ("Linamar") to develop an advanced electric axle ("e-Axle") utilizing Coil DriverTM technology to improve cost and performance of Linamar's e-Axle product line. Successfully completed the pilot of the Battery Control System ("BCS") in operating a second life energy storage environment. Unveiled a new application for the Coil DriverTM, including the potential to dramatically reduce the cost and complexity associated with deploying electric vehicle infrastructure at scale. The Company's common shares began trading on the Toronto Stock
Aug 09, 2021 02:30 pm ET
TMX Group Equity Financing Statistics - July 2021
Toronto Stock Exchange, TSX Venture Exchange
Jul 27, 2021 08:00 am ET
Exro Announces U.S. Headquarters in Mesa, Arizona and Joins Robust E-Mobility R&D Ecosystem in the Greater Phoenix Area
Exro Technologies announces U.S. headquarters in Mesa, Ariz. to further develop next generation power electronics for electric motors and batteries that can help to accelerate e-mobility and battery energy storage adoption. Exro joins the Greater Phoenix region's booming e-mobility ecosystem, which includes electric vehicle manufacturing facilities, suppliers, and a competitive talent pipeline. Exro is welcomed by the Greater Phoenix Economic Council and City of Mesa, Arizona. CALGARY, AB, July 27, 2021 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a
Jul 27, 2021 08:00 am ET
Exro Announces U.S. Headquarters in Mesa, Arizona and Joins Robust E-Mobility R&D Ecosystem in the Greater Phoenix Area
Exro Technologies announces U.S. headquarters in Mesa, Ariz. to further develop next generation power electronics for electric motors and batteries that can help to accelerate e-mobility and battery energy storage adoption. Exro joins the Greater Phoenix region's booming e-mobility ecosystem, which includes electric vehicle manufacturing facilities, suppliers, and a competitive talent pipeline. Exro is welcomed by the Greater Phoenix Economic Council and City of Mesa, Arizona. CALGARY, AB, July 27, 2021 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exr
Jul 15, 2021 08:00 am ET
Exro Unveils New Application for Coil Driver™ Technology to Reduce the Cost and Complexity of Deploying Electric Vehicle Infrastructure at Scale
Exro Technologies unveils a new application for its patented Coil Driver™ technology that has the potential to dramatically reduce the cost and complexity associated with deploying electric vehicle infrastructure at scale. The Coil Driver™ technology is already successfully improving the cost and performance of electric powertrains, and initial findings show it can also be used to enable EVs to seamlessly fast charge and provide electricity back to the grid regardless of power source or charger type. Exro has filed a new family of patents for this use case, demonstrating its ability to conti
Jul 15, 2021 08:00 am ET
Exro Unveils New Application for Coil Driver™ Technology to Reduce the Cost and Complexity of Deploying Electric Vehicle Infrastructure at Scale
Exro Technologies unveils a new application for its patented Coil Driver™ technology that has the potential to dramatically reduce the cost and complexity associated with deploying electric vehicle infrastructure at scale. The Coil Driver™ technology is already successfully improving the cost and performance of electric powertrains, and initial findings show it can also be used to enable EVs to seamlessly fast charge and provide electricity back to the grid regardless of power source or charger type. Exro has filed a new family of patents for this use case, demonstrating its ability to conti
Jul 09, 2021 09:49 pm ET
Exro Report of Voting Results at 2021 Annual General Meeting
Exro nominee directors listed in the Notice of Meeting and Management Information Circular dated June 7, 2021, were elected as directors of the Company at its Annual General Meeting of Shareholders (the "Meeting") held earlier today in Vancouver, B.C.
CALGARY, AB, July 9, 2021 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today that each of the nominee directors listed in the Notice of Meeting and Management
Jul 09, 2021 09:49 pm ET
Exro Report of Voting Results at 2021 Annual General Meeting
Exro nominee directors listed in the Notice of Meeting and Management Information Circular dated June 7, 2021, were elected as directors of the Company at its Annual General Meeting of Shareholders (the "Meeting") held earlier today in Vancouver, B.C.
CALGARY, AB, July 9, 2021 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today that each of the nominee directors listed in the Notice of Meeting and Mana
Jul 09, 2021 11:00 am ET
Exro Technologies Inc. Virtually Opens The Market
TORONTO, July 9, 2021 /CNW/ - Sue Ozdemir, Chief Executive Officer, Board of Directors, and Mark Godsy, Chairman of the Board, Exro Technologies Inc., ("Exro" or the "Company") (TSX: EXRO), and their team joined Arne Gulstene, Head of TSX Company Services, TMX Group, to celebrate the Company's graduation to Toronto Stock Exchange and open the market.
Jul 07, 2021 05:30 pm ET
Exro Announces Graduation to the Toronto Stock Exchange
Exro has received final approval to list its common shares on the Toronto Stock Exchange under the same trading symbol "EXRO", with trading to commence July 8th CALGARY, AB, July 7, 2021 /CNW/ - Exro Technologies Inc. (TSXV: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, is pleased to announce that it has received final approval for the listing of its common shares on the Toronto Stock Exchange (the "TSX").
Jul 07, 2021 05:30 pm ET
Exro Announces Graduation to the Toronto Stock Exchange
Exro has received final approval to list its common shares on the Toronto Stock Exchange under the same trading symbol "EXRO", with trading to commence July 8th CALGARY, AB, July 7, 2021 /PRNewswire/ - Exro Technologies Inc. (TSXV: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, is pleased to announce that it has received final approval for the listing of its common shares on the Toronto Stock Exchange (the "TSX").
Jul 06, 2021 10:30 pm ET
Exro Announces Annual General Meeting Update
Exro wishes to remind shareholders of its upcoming annual and special general meeting to be held at 11:00 am Pacific time on Friday, July 9, 2021 CALGARY, AB , July 6, 2021 /CNW/ - Exro Technologies Inc. (TSXV: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries is pleased to announce an Annual General Meeting ("AGM") update.
Jul 06, 2021 10:30 pm ET
Exro Announces Annual General Meeting Update
Exro wishes to remind shareholders of its upcoming annual and special general meeting to be held at 11:00 am Pacific time on Friday, July 9, 2021 CALGARY, AB , July 6, 2021 /PRNewswire/ - Exro Technologies Inc. (TSXV: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries is pleased to announce an Annual General Meeting ("AGM") update.
Jun 18, 2021 08:00 am ET
Exro Receives Conditional Approval to Graduate to the Toronto Stock Exchange
Exro has received conditional approval to list its common shares on the Toronto Stock Exchange under the same trading symbol "EXRO" CALGARY, AB, June 18, 2021 /CNW/ - Exro Technologies Inc. (TSXV: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange (the "TSX") under the same trading symbol "EXRO".
Jun 18, 2021 08:00 am ET
Exro Receives Conditional Approval to Graduate to the Toronto Stock Exchange
Exro has received conditional approval to list its common shares on the Toronto Stock Exchange under the same trading symbol "EXRO" CALGARY, AB, June 18, 2021 /PRNewswire/ - Exro Technologies Inc. (TSXV: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange (the "TSX") under the same trading symbol "EXRO".
Jun 17, 2021 08:00 am ET
Jun 17, 2021 08:00 am ET
May 19, 2021 07:30 am ET
Exro Successfully Pilots Battery Control System in Operating Second Life Environment
Exro's Battery Control System (BCS) enables the utilization of second life battery applications after successfully demonstrating cell balancing with aftermarket batteries in a 25kW 150kWh Energy Storage System. Exro will now move forward to validate the BCS in a grid connected 250kW 1.5MWh ESS by the end of 2021 and define performance metrics for state of health and extending battery life. In parallel, the Company is building the BCS platform with the intent to launch commercialization of an Exro powered Energy Storage System in 2022. CALGARY, AB, May 19, 2021 /CNW/ - Exro Technologies Inc.
May 11, 2021 08:25 pm ET
Exro Technologies Announces First Quarter 2021 Financial Results
Signed a non-binding letter of intent with LAND for the District motorcycle with the Coil Driverᵀᴹ order volume of up to 2,000 units after the unit is validated by LAND. Entered into the expanded strategic collaboration agreement and made the strategic investment of US$ 5 million to SEA Electric providing Exro with the platform to demonstrate and accelerate development of the BCS. Secured a 36,966 square foot facility in Calgary which will include production lines, product showroom and office spaces. The facility is targeted to open for late Q4 2021, with automotive certified production by e
Apr 27, 2021 07:30 am ET
Exro Partners with Vicinity Motor Corp to Deploy Enhanced Powertrain into Next-Generation Electric Buses
Exro has entered into a supply agreement with Vicinity Motor Corp. to validate and deploy an optimized electric powertrain utilizing the Coil Driver™ technology for Vicinity's suite of electric buses The optimized powertrain will bring enhanced electric buses with improved performance to the public transit system CALGARY, AB, April 27, 2021 /CNW/ - Exro Technologies Inc. (TSXV: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company which has developed a new class of power electronics for electric motors and batteries, is pleased to announce that it has signed a s
Apr 16, 2021 07:30 am ET
Exro Technologies Annual Shareholder Letter
Tentative for Immediate Release on Friday, April 16, 2021
Apr 06, 2021 08:18 pm ET
Exro Technologies Announces Fourth Quarter and Fiscal 2020 Financial Results
Successfully closed its marketed short form prospectus offering for gross proceeds of Cdn $41,974,998 in December Opened the newly established Calgary Innovation Center, allowing in-house design, testing, and assembly of prototypes to enhance the performance of electric motors and powertrains Completed the engineering validation on the 100 Volt Coil Driver for electric cars Completed the technology validation on its Battery Control Systems ("BCS") for optimizing second-life energy storage applications CALGARY, AB, April 6, 2021 /CNW/ - Exro Technologies Inc. (TSXV: EXRO) (OTCQB: EXROF) (th
Mar 31, 2021 07:00 am ET
Exro to Launch Calgary Facility with Automotive Class Manufacturing
Exro will launch a facility in Calgary featuring 37,000 square feet of production lines, product showrooms, and office spaces The new facility will have the capability to produce up to 100,000 units per year across all the Coil Driver products with automotive industry certifications Opening targeted for late Q4 2021 and automotive certified production by the end of 2022 CALGARY, AB, March 31, 2021 /CNW/ - Exro Technologies Inc. (TSXV: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company which has developed a new class of power electronics for electric motors an
Mar 25, 2021 07:00 am ET
Exro to Commercialize System Solutions with Heinzmann Motor Integration
Exro has validated integration of its 100 Volt Coil Driver with a Heinzmann PMS motor to drive expanded speeds, increased torque, and switches under load Exro to commercialize motor and inverter system solutions alongside Heinzmann machines for light mobility applications Commercialization of standard solution to start in fourth quarter 2021 with first revenues expected in the first quarter of 2022 CALGARY, AB, March 25, 2021 /CNW/ - Exro Technologies Inc. (TSXV: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company which has developed a new class of power elect
Mar 04, 2021 03:33 pm ET
IIROC Trading Resumption - EXRO
VANCOUVER, BC, March 4, 2021 /CNW/ - Trading resumes in:
Mar 04, 2021 03:25 pm ET
Exro Response to False and Defamatory Report
Effective business strategy with demonstrated focus and execution Valued partnerships have delivered a platform to demonstrate proof of concepts and validate product technologies Strong and committed leadership with a very positive outlook CALGARY, AB, March 4, 2021 /CNW/ - Exro Technologies Inc. (TSXV: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company which has developed a new class of power electronics for electric motors and batteries, is issuing the following statement in response to the false and defamatory report (the "report") from Mariner Group.
Mar 04, 2021 09:57 am ET
IIROC Trading Halt - EXRO
VANCOUVER, BC, March 4, 2021 /CNW/ - The following issues have been halted by IIROC:
Mar 04, 2021 09:23 am ET
IIROC Trading Resumption - EXRO
VANCOUVER, BC, March 4, 2021 /CNW/ - Trading resumes in:
Mar 04, 2021 09:15 am ET
IIROC Trading Halt - EXRO
VANCOUVER, BC, March 4, 2021 /CNW/ - The following issues have been halted by IIROC:
Mar 03, 2021 09:30 am ET
IIROC Trading Resumption - EXRO
VANCOUVER, BC, March 3, 2021 /CNW/ - Trading resumes in:
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