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Exro announces completion of phase one of its e-axle development project with Linamar

CALGARY — Exro Technologies Inc., a clean technology company and manufacturer, provided an operational update highlighted by completion of phase one of its e-axle development project with strategic partner Linamar Corporation. The project now transitions to the second and final phase which includes electric axle integration, testing, and validation by Linamar.

“Phase one completion of our project with Linamar marks a major milestone for the project, and a significant corporate milestone for Exro”, said Exro CEO, Sue Ozdemir. “Our employees have demonstrated the ability to deliver leading edge technology to a major tier-1 automotive OEM supplier. We look forward to the next phase of the project and to an exciting future with a great partner.”

Sue added, “We have a busy several weeks ahead as we work to deliver on other commitments to shareholders by year end, including high voltage pilot deliveries and naming a new strategic partner. While there are no guarantees, we are very optimistic we will accomplish these in December.”

Linamar is an advanced manufacturing company where the intersection of technology and manufacturing. The company is a tier-1 supplier to major OEMs in the automotive industry.

Approximately 22 months ago, a goal was established with Linamar to co-develop a next-generation e-Axle utilizing Coil Driver technology. An e-axle combines an electric vehicle’s motor, gears, and inverter into the drive axle of the vehicle. In a traditional powertrain set up, the motor and inverter are in separate housings on the vehicle chassis.

In the initial phase of development, Exro would supply 800V Coil Driver inverter samples designed for integration into an e-Axle program. Exro reports that the Company has completed phase one of the project. In phase two of the project, Linamar will supply and integrate the remaining critical elements of the system, including the gearbox assembly, for testing and on-road validation.