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Press Releases
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.
Company Letter to Shareholders from Exro CEO Sue Ozdemir Ahead of Q1 2022 Webcast Update
Press Release
February 9, 2022
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 Announces Closing of $20.35 Million Bought Deal Financing
Press Release
February 4, 2022
Exro Technologies announced closing of its bought deal offering for aggregate gross proceeds of $20,355,920.
Exro Announces Further Amendment to Bought Deal Financing
Press Release
February 1, 2022
Exro has entered into a further amended underwriting agreement respecting its $17.5 million bought deal financing.
Exro Announces Increase In Bought Deal Financing to $17.5 Million
Press Release
January 27, 2022
Exro has entered into an amended agreement with Eight Capital and Raymond James Ltd.
Exro Announces $15 Million Bought Deal Public Offering of Units
Press Release
January 26, 2022
Exro announced today that it has entered into an agreement with Eight Capital and Raymond James Ltd.
Exro Stands with Confidence Against Patent Infringement False Claims
Press Release
January 25, 2022
Exro recognizes the importance of intellectual property, actively protects its own IP and respects other companies’ valid IP rights.
Exro Response to Patent Infringement Lawsuit
Press Release
January 24, 2022
Exro is aware that ePropelled Inc. has filed a patent infringement lawsuit against the Company in the US District for the District of Massachusetts.
Exro Shifts to Virtual Presentation at CES
Press Release
January 3, 2022
Exro has switched to an all-virtual presentation for the upcoming 2022 Consumer Electronics Show due to the rapidly spreading COVID-19 omicron variant.
Exro Partners with Untitled Motorcycles to Integrate Coil Driver Technology into Award Winning Electric Motorcycle
Press Release
December 30, 2021
Exro has partnered with Untitled Motorcycles to integrate its 100 Volt Coil Driver technology into the award winning XP Zero electric motorcycle.
Exro Announces Filing of a Final Base Shelf Prospectus for $200,000,000
Press Release
December 17, 2021
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.
Exro to Repurpose evTS Electric Vehicle Batteries into Second-Life Energy Storage System
Press Release
December 16, 2021
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.
Exro Opens Doors to Automotive Grade Canadian Manufacturing Facility in Calgary, Alberta
Press Release
December 9, 2021
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
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