Exro Technologies (CSE: XRO) (OTCQB: EXROF) today announced its continued expansion into new market segments through a strategic agreement with one of the world’s most innovative manufacturers of snowmobile powertrains. Under the new partnership, Exro and Finland’s Aurora Powertrains Oy, which in 2019 released the “eSled” – an all-electric production snowmobile, will work to both increase motor performance while decreasing cost for future production. Exro’s technology will be added to the Aurora electric powertrain through the partnership, a further move to global commercialization of Exro technology. “We are very excited to now be entering the snowmobile industry, which sees more than one billion dollars of global sales annually,” Exro CEO Sue Ozdemir said in the news release. “This is also important as it takes Exro’s technology overseas to Europe and forms a key partnership with one of the transportation sector’s true innovators in the use of electric powertrains.”
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About Exro Technologies Inc.
Exro facilitates the transition to clean energy by providing products and services to manufacturers to increase the efficiency and reliability of power systems, including electric motors, generators and batteries. Exro’s patented technology enhances energy systems by dynamically sensing and adapting variable inputs and optimally matching them to desired outputs, creating measurable performance gains and extended lifespan. The widespread applications of the technology apply to optimizing the performance of electric vehicles, UAVs, and ship drives, as well as pumps, industrial motors, and energy capture from wind and tides. For more information, visit the company’s website at www.Exro.com.
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