Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, has published a letter to shareholders, providing updates on the company from its CEO. “Seeing our company grow has been a phenomenal journey. The new manufacturing facility in Calgary is progressing as planned and we have established the team and platform for our quality management process. Upon its completion in early 2022, the facility will support our growing pipeline by being able to deliver products that meet automotive standards, quality standards and local regulations. Our Arizona facility has also commenced construction. I was able to walk through the new location in Mesa this week and am excited for our future USA headquarters. Some of our upcoming social media communications will provide a virtual look into these facilities as they progress, so be sure to follow us at @exrotech,” stated Exro CEO Sue Ozdemir. “Exro Technologies is bridging the gap to electrification. The ability to optimize performance with innovative, cost-effective controls can be a step change for the mobility industry. Thank you all for your patience, your belief in Exro and your faith in me.”
To view the full press release, visit https://ibn.fm/ZlVAF
About Exro Technologies Inc.
Exro is a clean technology company pioneering intelligent control solutions in power electronics to help solve the most challenging problems in electrification. Exro has developed a new class of control technology that expands the capabilities of electric motors, generators and batteries. Exro enables the application to achieve more with less energy consumed. Exro's advanced motor control technology, the Coil Driver(TM), expands the capabilities of electric powertrains by enabling intelligent optimization for efficient energy consumption. Exro is working with many partners from all over the world to bring its technology to the electric mobility industries and beyond. 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
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