Exro Technologies announces coil driver start of production

Exro Technologies (EXROF) announced a significant corporate milestone with the official start of production of the company’s patented Coil Driver technology. The milestone is backed by purchase orders from Italian OEM supplier HB4 Group and Canadian electric bus and commercial vehicle manufacturer Vicinity Motor Corp (VEV). “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. “This achievement marks a tremendous milestone in bringing our next-generation technology to market from proof-of-concept on paper over three years ago, to now being in production for on-road customer vehicles.”