Press Releases

Exro Technologies announces a marketed public offering and concurrent private placement for aggregate gross proceeds of up to approximately $10 million.

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.

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 has initiated the process to obtain UL certification for its Energy Storage System (ESS), powered by its Battery Control System™ (BCS) technology.

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.

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.

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.

Rod Copes, recently retired Chief Operating Officer at Rivian has joined Exro’s Board of Directors.

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.

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.

evTS signs purchase order with Exro for a first lot of 1,000 Coil Drive System units with initial deliveries beginning in 2023.

Exro will supply Vicinity Motor Corp. with high-voltage Coil Drive Systems, beginning with a pilot in Q2 2022.

Exro Technologies was named a Gold award winner for the 2022 Edison Best New Product Awards™ in manufacturing, logistics and transportation.

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.

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

Exro named Rod Copes, recently retired Chief Operating Officer at Rivian, to its advisory board.

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.

Exro is pleased to welcome Darrell Bishop as President, Finance and Investor Relations.

Exro has filed a lawsuit against ePropelled Inc. in Middlesex County Superior Court in the Commonwealth of Massachusetts.

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.

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.

Exro Technologies announced closing of its bought deal offering for aggregate gross proceeds of $20,355,920.

Exro has entered into a further amended underwriting agreement respecting its $17.5 million bought deal financing.

Exro has entered into an amended agreement with Eight Capital and Raymond James Ltd.

Exro announced today that it has entered into an agreement with Eight Capital and Raymond James Ltd.