- Added this heading because, in the 1Q2024 MD&A after discussing the Stellantis NDA, EXRO stated:
- “The company has advanced discussions ongoing with three additional major automotive OEMs.”
- May 15, 2024 Interim MD&A for 1Q2024 [Page 3]
- Late-stage with global auto OEM #2 (Coil Driver)
- Mid-stage with major global auto OEM #3 (hybrid application)
- September 4, 2024 Slide Deck in conjunction with financing
- In technical collaborations with this leading OEM involving hybrid, through advanced simulations Exro has successfully demonstrated significant increases in system efficiency and range extension.
- After Discussion of NDA 1 (Stellantis):
- “Technical collaborations continue with three other major global passenger vehicle OEMs, two of which are currently evaluating Coil Driver technology in producing battery electric vehicle (BEV) applications, while work with a third OEM consists of implementation of Coil Driver inverter technology for a plug-in hybrid electric vehicle (PHEV) application.”
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