- 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.
- After successful in-field validation with the pilot, the first purchase order will supply 500 units with deliveries starting in Q4 2023, followed by increasing volume of production series systems up to a minimum of 1,500 units over the 36-month term of the agreement.
- SEA Electric’s innovative zero-emissions electric vehicle powertrains, optimized with Exro’s Coil Driver™ technology, will make next-generation Class 5/6 delivery applications more sustainable, cost-effective and efficient.
- The announcement is the latest in a series of contracts that have converted partners into commercial customers.
CALGARY, AB, Aug. 16, 2022 /PRNewswire/ – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the “Company” or “Exro”), a leading clean technology company that has developed a new class of power control electronics for electric motors and batteries, today announced that it has signed an initial purchase order and multiyear master sales and service agreement (the “agreement”) to supply 1,500 Coil Drive System units to industry leading commercial electric vehicle company SEA Electric (“SEA”). Today’s announcement is the latest in a series of commercial agreements with Exro’s development partners.
Widely recognized as a market leader in the electrification of…