Exro is a Vancouver, BC-based technology company that is dedicated to creating an intelligent energy management system that converts energy in new ways to improve the performance, efficiency, and longevity of batteries, electric motors and generators. Exro’s foundational Dynamic Power Management System (DPM) improves the performance and efficiency of electric motors by separating individual coils to thereby enable coil switching according to power needs. Exro also applies its novel approach to generators, by isolating the individual coils and applying DPM to the system, thereby allowing for a greater range of energy creation.
Exro technology also applies the principle of managing “energy” as it converts at the individual level to lithium ion batteries. By managing the charge and discharge of energy at the individual cell level of a lithium ion battery, Exro’s aims to improve the battery performance and efficiencies, which should result in longer usage and possibly a second life of a battery.
Exro’s Dynamic Power Management system has evolved into an intelligent energy management system with broader applications. Exro is putting the intelligence into energy management and seeks to accelerate the global transition to clean energy.
-Technology:
Innovation is at the heart of what Exro does. Exro’s technology aims to pioneer the way energy is stored, transferred and used by keeping energy flowing at an optimal rate as the world transitions to electrification with electric motors and lithium ion batteries.
Exro is designing and commercializing an intelligent energy management system which aims to utilize artificial intelligence and big data analytics to change the way energy is transferred, used, and stored in lithium ion batteries, electric motors, and generators. By creating a dialogue between motor coil switching, motor controls, and battery management systems, Exro aims to create a system that brings together and integrates several disciplines, to improve efficiency, reliability, safety and maintenance.
Exro has designed and patented its Dynamic Power Management (DPM) system, proprietary software that controls electric motor coils through individual coil switching. Exro’s DPM expands speed/torque capability and improves machine efficiency across a wider operating range.The introduction of intelligence into energy conversion at the level of individual coils and cells opens up a new realm of benefits and opportunities. The principles that govern management of individual coils in electric motors and generators also apply to managing individual cells in a lithium ion battery.
-Markets:
Global markets present a large opportunity for Exro’s energy management system solutions.
-One billion cars
-100 million elevators
-200 million diesel generator sets
-300 million industrial motors
-Other motors and generators
Exro technology seeks to give a useful second life to billions of batteries that today are thrown away.
The lithium ion battery market The market was valued at $30 billion in 2017 and is projected at $69 billion in 2022. (Market Research Engine April 2017) and $100 billion by 2025 (Allied Market Research Oct. 2018).
There is a massive market demand for Exro’s technology solution, with a 600 gw/hour shortfall of battery power projected over the next five years.
Exro Technologies Inc. is a publicly traded company listed on the OTCQB under the ticker symbol EXROF. This is not investment advice. Please view the disclaimer found on this website.
