- Exro
has achieved what many have been working to develop – technology bringing
more than 25% increase in both torque, acceleration
- Company
gains exceptional visibility as it brings measurable benefits to
manufacturers, investors
- XRO
enters commercialize stage, set to reap benefits of groundbreaking
technology in 2020
Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) is a
Vancouver, British-Columbia-based technology pioneer developing an intelligent
energy-management system to dramatically improve the performance of electric
motors and power trains. An Exro profile recently drew the spotlight on
BTV-Business Television, attracting impressive numbers – 884,150 views or
impressions, with 72,830 investors watching the video online.
In the video, Exro CEO Sue Ozdemir, previously head of
General Electric Industrial Motors Division, presented XRO’s major milestones
in the development and commercialization of its novel technology, which
promises to be a must-have in the lucrative electric-vehicle market, estimated
to grow to more than half a trillion dollars by 2025. The five-minute video
includes additional insight provided by Brent Todd, senior investment advisor
at Canaccord Genuity Wealth Management, who highlighted how the relevant
investment community looks at XRO’s exceptional technology (http://ibn.fm/vK9LP).
That technology improves the performance of electric motors
by separating individual coils, enabling them to switch according to power
needs. This remarkable novel technology can also be applied to generators,
allowing for a greater range of energy creation. Exro has already made inroads
into the automotive, agricultural, recreational and last-mile transportation
sectors, where the company is on track to commercialization.
Although electric motors have been around for a long time,
Exro is making electric motors smarter as they all suffer from the same problem
– optimization of the system. The trend in the industry to overcome this
problem is to install an additional gearbox or motors, thereby creating a
heavier, more expensive systems. “It’s a principle of electric motors called
‘coil switching’ that’s the basis of our technology,” said Ozdemir. “It’s very
widely known in the industry. And we’ve just done what everybody else has been
trying to do. We’ve accomplished it.”
It’s not only investors that are being increasingly
attracted by Exro’s technology but manufacturers, too. The reason why the new
technology appeals to them is its amazing scalability. “It is totally scalable,
up in size, down in size. So we can go down to a skateboard, or we can go up to
a bus,” said Ozdemir.
Perhaps even more appealing is the ability of Exro to
integrate with existing motors. “That’s huge because some of those
manufacturers have hundreds of millions, even billions invested in plants and
equipment. They can still get increased performance out of the motor but
without having to change their equipment,” added Todd, confirming the
significance of this feature.
Exro is a company at the forefront of technology, which
enables the transition to clean energy, creating measurable performance gains
at the same time. As a company with exclusive technology that brings lucrative
benefits in multiple industries – automotive, public transportation,
agriculture, wind energy, recreational and last-mile vehicles – Exro is an
attractive opportunity for investors seeking to leverage groundbreaking
technology applied in a high growth market.
For more information, visit the company’s website at www.Exro.com
NOTE TO INVESTORS: The latest news and updates
relating to EXROF are available in the company’s newsroom at http://ibn.fm/EXROF
About QualityStocks
QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential. We offer several ways for investors to learn more
about investing in these companies as well as find and evaluate them.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment