Vicinity Motor Corp.

Exro Technologies Announces Third Quarter 2023 Financial Results

Retrieved on: 
Friday, November 10, 2023
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Exro generated revenue of $2,032,669 for the three months ended September 30, 2023, and $4,800,730 for the nine months ended September 30, 2023.

Key Points: 
  • Exro generated revenue of $2,032,669 for the three months ended September 30, 2023, and $4,800,730 for the nine months ended September 30, 2023.
  • Exro announced the official start of production of the Company's Coil Driver™ technology on September 6, 2023.
  • CALGARY, AB, Nov. 9, 2023 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company which has developed new generation power control electronics that expand the capabilities of electric motors and batteries, announced today its financial results for the quarter ended September 30, 2023.
  • In January, Exro kicked-off its launch year with a Q1 Letter to Shareholders which outlined 10 strategic objectives for 2023 ( LINK ).

Exro Provides Operations Update with Letter to Shareholders

Retrieved on: 
Thursday, October 26, 2023
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CALGARY, AB, Oct. 26, 2023 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean-technology company that develops new generation power-control electronics that expand the capabilities of electric motors and batteries, today provided a Q4 2023 letter to shareholders.

Key Points: 
  • CALGARY, AB, Oct. 26, 2023 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean-technology company that develops new generation power-control electronics that expand the capabilities of electric motors and batteries, today provided a Q4 2023 letter to shareholders.
  • At Exro, we are significantly reshaping the way the world consumes energy, solving these key challenges slowing adoption.
  • I end by referencing the 2023 Strategic Objectives outlined in our January Letter to Shareholders ( LINK ).
  • Given the current market backdrop we will continue to evaluate optimal timing for shareholders to complete our up-list.

Exro Announces Coil Driver™ Start of Production Backed by Purchase Orders from HB4 and Vicinity Motor Corp

Retrieved on: 
Wednesday, September 6, 2023
MV Agusta, Vicinity Motor Corp., Electronics, Agusta, Ferrari, AB, AutoNation, Research, VMC, TSA, Harley-Davidson, Kilowatt-hour, KTM, Coil, HB4, Mesa, TSX, OEM, VEV, Electric motor, Nightclub, Rail transport, Aprilia, Casalini

Initial low-voltage production and deliveries for HB4 Group will be followed by high-voltage Coil Driver™ systems production and deliveries to Canadian electric bus and commercial vehicle manufacturer, Vicinity Motor Corp for e-bus applications.

Key Points: 
  • Initial low-voltage production and deliveries for HB4 Group will be followed by high-voltage Coil Driver™ systems production and deliveries to Canadian electric bus and commercial vehicle manufacturer, Vicinity Motor Corp for e-bus applications.
  • To celebrate the start of production, Exro will host an exclusive event for public dignitaries, media, shareholders, and employees on Wednesday, September 20th.
  • The milestone is backed by purchase orders from Italian OEM supplier HB4 Group and Canadian electric bus and commercial vehicle manufacturer Vicinity Motor Corp (NASDAQ: VEV) (TSXV: VMC) ("VMC").
  • "On behalf of everyone at Exro, we are thrilled to announce the official start of production of our Coil Driver™ technology", said Exro CEO Sue Ozdemir.

Exro Technologies Announces Second Quarter 2023 Financial Results

Retrieved on: 
Friday, August 11, 2023
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CALGARY, AB, Aug. 10, 2023 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company which has developed a new generation power control electronics that expand the capabilities of electric motors and batteries, announced today its financial results for the quarter ended June 30, 2023.

Key Points: 
  • CALGARY, AB, Aug. 10, 2023 /PRNewswire/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company which has developed a new generation power control electronics that expand the capabilities of electric motors and batteries, announced today its financial results for the quarter ended June 30, 2023.
  • "The second quarter of 2023 demonstrated continued progress towards commercialization of our next generation technologies for electric vehicles and stationary energy storage", said Exro CEO Sue Ozdemir.
  • In Q1 2023, Exro announced signing a partnership with a global European-based tier-1 OEM automotive supplier.
  • In Q2 2023, Exro announced signing the world's third largest motor manufacturer, Wolong Electric Group, as a strategic partner.

Lafarge Canada Pioneers All-Electric Trucks, Setting the Bar for Sustainable Operations in North America

Retrieved on: 
Thursday, July 20, 2023
Residential Building & Real Estate, EV, Electric Vehicles, Commercial Building & Real Estate, Automotive, Manufacturing, Construction & Property, Alternative Energy, Environment, Energy, Sustainability, Chemicals, Plastics, Building material, Partnership, Construction, Senior, Face, Multimedia, VMC, Carbon, Lafarge, CO2, Climate, Weather, Transport, Lafarge (company), Vicinity Motor Corp., Renewable energy, Management

Lafarge Canada today announced a significant milestone in its commitment to sustainability and the journey towards achieving net-zero emissions.

Key Points: 
  • Lafarge Canada today announced a significant milestone in its commitment to sustainability and the journey towards achieving net-zero emissions.
  • Lafarge Canada is deploying two all-electric VMC trucks in its British Columbia aggregates and ready-mix operations, signifying a shift towards sustainable transportation solutions.
  • We look forward to working closely with the team at Lafarge to enable their electrification journey.”
    Lafarge Canada remains steadfast in its pursuit of sustainable practices in the construction industry.
  • The electrification of its truck fleet represents a significant step forward in the company’s goal of reaching net-zero emissions and accelerating green growth.

EQS-News: LION E-Mobility AG: Orders worth EUR 45M give LION Group a very successful start to the year

Retrieved on: 
Wednesday, February 22, 2023
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Some of these orders will run for several years.

Key Points: 
  • Some of these orders will run for several years.
  • Both mobility and industrial customers for stationary storage have ordered battery packs.
  • LION announced at the same time the appointment of a new global sales manager.
  • "We are already in the final phase of preparations for the start of our own production in Hildburghausen in Southern Thuringia.”