Exro Technologies Accelerates Electrification Drive
Company Announcements

Exro Technologies Accelerates Electrification Drive

Exro Technologies (TSE:EXRO) has released an update.

Exro Technologies Inc. has made significant strides in delivering its electric propulsion systems, achieving a goal of over 250 systems in the second and third quarters of 2024, post-SEA acquisition. The company has secured its inaugural outbound IP licensing deal with HB4, intended for the European market, and continues to foster partnerships with major global OEMs to advance electrification in vehicles. Notably, Exro’s Coil Driver inverter technology is being integrated by Hino Trucks and is undergoing on-road validation in commercial vehicles with Giaffone, demonstrating its potential to enhance performance and efficiency.

For further insights into TSE:EXRO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskExro Technologies Achieves Record Revenue and Strategic Milestones
TipRanks Canadian Auto-Generated NewsdeskExro Technologies to Showcase Innovations at ROTH Conference
Carrie WilliamsEXROF Earnings this Week: How Will it Perform?
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App