Financial PerformanceMulti-year agreements signed with Mack and Hino for the delivery of up to 8,500 propulsion systems in the next few years indicate a steep revenue ramp.
Merger And AcquisitionThe shareholder meeting is scheduled to approve the merger with private company SEA Electric, which could develop a new North American supply chain for electric propulsion systems.
Strategic PartnershipSEA brings its unique vehicle control unit (VCU) technology and firm orders from blue chip OEM customers, thereby accelerating Exro's path to profitability.