InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Announces Opening of New Services Division to Support EV Development

November 3, 2021 11:18:00

Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed a new class of power electronics for electric motors and batteries, has launched a new service division: Vehicle Systems. The new division is designed to provide end-to-end electric vehicle (“EV”) design and engineering services for automakers. In the process, the company will be able to introduce its technology and the associated benefits to potential users in the earliest stages of vehicle integration. Leading the new division is Brian Van Batavia, who previously worked as technical director at Bollinger Motors and chief engineer of electrification at AVL. In addition, the company noted that it will be opening a facility next year located in Detroit that will support and service top automakers in the region that are pursuing aggressive EV goals. “I’m continuously energized by the growth our team has achieved this year, and I’m thrilled to welcome Brian and Justin to Exro,” said Exro Technologies CEO Sue Ozdemir in the press release. “The addition of this new arm enables us to better support our customers and fast-growing pipeline with holistic solutions that complement our core technologies for automakers pursuing electrification, while facilitating a new path to accelerate our business growth.”

To view the full press release, visit https://ibn.fm/yxHhK

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 powertrains by enabling intelligent optimization for efficient energy consumption. Exro is working with many partners from all over the world to bring their technology to the electric mobility industries and beyond. For more information about the company, please visit 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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