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Press Releases
Exro Signs Product Development Agreement with Global Market Leader for Off-Highway Application of Hybrid Electric Powertrains
Press Release
October 5, 2022
The European partner, which remains under NDA, is a global leader in the design, manufacture and distribution of solutions in an off-highway sector and is forecast to generate multi-billion dollars in sales in 2022.
Exro Signs Strategic Distribution Agreement with Inferno Solar for Energy Storage
Press Release
September 28, 2022
Inferno and Exro's partnership will target growing demand for stationary energy storage in commercial and industrial applications, as well as electric vehicle charging stations.
Exro Technologies Energy Storage System Demonstrates Industry-Leading Performance in Phase One UL Certification Tests
Press Release
September 27, 2022
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.
Exro Announces Closing of Non-Brokered Private Placement
Press Release
September 20, 2022
Exro Technologies announced closing of its non-brokered private placement in which 1,403,756 units sold for aggregate gross proceeds of $1,473,945.
Exro Announces Closing of Brokered Public Offering and Update on Concurrent Non-Brokered Private Placement
Press Release
September 1, 2022
Exro announces closing of its brokered public offering for aggregate gross proceeds of $8,316,000 and gives update on non-brokered private placement.
Exro Announces a Public and Private Financing of up to approximately $10mm
Press Release
August 23, 2022
Exro Technologies announces a marketed public offering and concurrent private placement for aggregate gross proceeds of up to approximately $10 million.
Exro Technologies Signs Multiyear Agreement with SEA Electric to Supply Coil Drive Systems for Next-Generation Commercial Electric Vehicles
Press Release
August 16, 2022
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.
Exro Technologies Announces Second Quarter 2022 Financial Results
Press Release
August 11, 2022
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 Announces Submission of Energy Storage System for UL Certification
Press Release
August 9, 2022
Exro has initiated the process to obtain UL certification for its Energy Storage System (ESS), powered by its Battery Control System™ (BCS) technology.
Exro Announces Partner Milestones, Technology and Company Updates via Live Webcast
Press Release
July 14, 2022
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 Report of Voting Results at 2022 Annual General Meeting
Press Release
June 30, 2022
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.
Exro Refutes Unsubstantiated Claims of Patent Infringement, Files Petition for Review of ePropelled Patent
Press Release
June 15, 2022
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 Technologies Adds Former Rivian Chief Operating Officer to Board of Directors
Press Release
May 19, 2022
Rod Copes, recently retired Chief Operating Officer at Rivian has joined Exro’s Board of Directors.
Exro Technologies CEO to Speak at TechCrunch Sessions: Mobility and Collision in Q2 2022
Press Release
May 16, 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.
Exro Technologies Announces First Quarter 2022 Financial Results
Press Release
May 12, 2022
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 Signs Multiyear Agreement with evTS and Announces Initial Purchase Order for 1,000 Coil Drive Systems Starting in 2023
Press Release
May 11, 2022
evTS signs purchase order with Exro for a first lot of 1,000 Coil Drive System units with initial deliveries beginning in 2023.
Exro Technologies Signs Multiyear Agreement with Vicinity Motor Corp. to Supply Coil Drivers to Enhance Electric Bus Powertrains
Press Release
May 3, 2022
Exro will supply Vicinity Motor Corp. with high-voltage Coil Drive Systems, beginning with a pilot in Q2 2022.
Exro Technologies’ Coil Driver™ Wins 2022 Edison Award
Press Release
April 22, 2022
Exro Technologies was named a Gold award winner for the 2022 Edison Best New Product Awards™ in manufacturing, logistics and transportation.
Exro Company Announces Partner Milestones, Technology and Company Updates Ahead of Quarterly Webcast
Press Release
April 7, 2022
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.
Exro Technologies Announces Fourth Quarter 2021 Financial Results
Press Release
March 29, 2022
Our Company continued operational momentum into Q4 2021 where we achieved a number of important milestones, closing out what was a challenging year for early-stage technology companies like Exro
Former Rivian Chief Operating Officer Joins Exro Technologies Advisory Board, Brings Strategic Knowledge from Global Mobility Industry to Commercialize Brand
Press Release
March 23, 2022
Exro named Rod Copes, recently retired Chief Operating Officer at Rivian, to its advisory board.
Tests Show Exro’s Coil Driver™ Technology Improves Electric Motorcycle Performance and Enhances Efficiencies
Press Release
March 22, 2022
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.
Darrell Bishop, Seasoned Capital Markets Professional, Joins Exro as President, Finance and Investor Relations
Press Release
February 17, 2022
Exro is pleased to welcome Darrell Bishop as President, Finance and Investor Relations.
Exro Files Defamation Lawsuit Against ePropelled Inc.
Press Release
February 16, 2022
Exro has filed a lawsuit against ePropelled Inc. in Middlesex County Superior Court in the Commonwealth of Massachusetts.
Exro Technologies’ Coil Driver™ Named 2022 Edison Awards Finalist
Press Release
February 10, 2022
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.
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