Wolong Electric

April 17, 2023 News Release announcing Wolong partnership

“One of world’s top three motor manufacturers for industrial and automotive applications with ownership of a family of brands including ATB Group, Brook Crompton, GE Industrial Motors, and others”
“The strategic partnership is intended to leverage Exro’s Coil Driver technology and Wolong’s motor design and manufacturing capabilities to develop next-generation electric vehicle powertrain solutions from light to heavy duty applications in the Americas, with the potential to expand globally”
“Target key customers for the partnership’s motor-inverter powertrain solutions include Mercedes-Benz, Geely Automotive, ZF (which established a joint venture with Wolong in 2020), and others.”
“The agreement consists of two phases: 1) System development, whereas Exro will test motors provided by Wolong and develop a complete motor-drive system offering, and 2) Commercial plan to market, sale, and supply the motor-inverter solution”
“Since 2015, Wolong has maintained a greater than 10% market share of electric vehicle motors supported by one of the world’s most advanced intelligent manufacturing factories in the motor industry with an annual production capacity of 500,000 units.“

October 26, 2023 News Release: Shareholder Letter

Last week, we received the initial batch of motors for pairing with Exro Coil Drivers and testing in Q4 2023. We remain on track with dynamometer testing scheduled to begin next month. We anticipate results to be provided in Q4 2023

November 9, 2023 Interim MD&A (3Q2023)
April 1, 2024 Annual Information Form
April 1, 2024 Annual MD&A 2023YE
May 15, 2024 Interim MD&A for 1Q2024
May 29, 2024 Slide Deck provided by Jeff O’Dowd to investor via email on August 13, 2024 just prior to Q2 Earnings call [PowerPoint Download]
September 4, 2024 Slide Deck in conjunction with financing