NetworkNewsBreaks – Exro Technologies Inc. (TSX.
Post# of 48
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 announced an agreement with LAND (“LAND”) Electric Motorcycles to produce and deliver up to 2,000 Coil Drivers in the first year of the contract. The first unit will be shipped this month for testing, which should be completed by the end of Q2. LAND will integrate the Coil Drivers into its District motorcycle to optimize performance; the District model features an innovative vehicle design that delivers an enhanced experience for riders. The integration of the Coil Driver is intended to enhance the District’s performance as well as introduce a new powertrain system solution option for bikes in the electric motorcycle space. Based in Ohio, LAND is a fast-growing company operating in the nascent lightweight electric motorcycles market. “We are so glad to be collaborating with LAND to optimize their motorcycle’s powertrain,” said Exro CEO Sue Ozdemir in the press release. “This collaboration takes us another step closer to revenue growth and commercialization of our Coil Driver technology.”
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