NetworkNewsBreaks – Exro Technologies Inc. (CSE:
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Posted On: 09/03/2020 3:43:20 PM
NetworkNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) CEO Releases Corporate Update After One Year at Helm
Exro Technologies (CSE: XRO) (OTCQB: EXROF) CEO Sue Ozdemir has outlined key milestones achieved and progress made during the past year. In a recent shareholder letter Ozdemir noted that company, which has developed a new class of power electronics for powertrains, is continuing to develop key partnerships that will provide critical stepping stones to achieving its strategic business plan. The company is on schedule to close eight commercial partnerships by the end of the year, Ozdemir noted. In addition, Exro’s engineering team is also working hard to deliver the next phase of the company’s Potencia project, which will demonstrate the company’s capabilities in an electric vehicle in Mexico City. Exro is also focused on the mobility segment and a variety of traction applications, a strategic decision designed to accelerate Exro’s journey to becoming a market leader. “We have been establishing our position in the marketplace,” Ozdemir said in the letter. “Our mission, ‘Minimum Energy, Maximum Results,’ has become a guiding light for us to continue to develop new and innovative ways to utilize our technology and become a market leader in advanced power electronics within the mobility space. On all fronts we are executing according to our technology road map, and the second half of the year is already shaping up to support us in our expectations for the remainder of 2020.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Exro Technologies (CSE: XRO) (OTCQB: EXROF) CEO Sue Ozdemir has outlined key milestones achieved and progress made during the past year. In a recent shareholder letter Ozdemir noted that company, which has developed a new class of power electronics for powertrains, is continuing to develop key partnerships that will provide critical stepping stones to achieving its strategic business plan. The company is on schedule to close eight commercial partnerships by the end of the year, Ozdemir noted. In addition, Exro’s engineering team is also working hard to deliver the next phase of the company’s Potencia project, which will demonstrate the company’s capabilities in an electric vehicle in Mexico City. Exro is also focused on the mobility segment and a variety of traction applications, a strategic decision designed to accelerate Exro’s journey to becoming a market leader. “We have been establishing our position in the marketplace,” Ozdemir said in the letter. “Our mission, ‘Minimum Energy, Maximum Results,’ has become a guiding light for us to continue to develop new and innovative ways to utilize our technology and become a market leader in advanced power electronics within the mobility space. On all fronts we are executing according to our technology road map, and the second half of the year is already shaping up to support us in our expectations for the remainder of 2020.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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