Brief: Exro Technologies Inc- announces major milestone with Linamar E- Axle Phase One Project Completion

Linamar

30/11/2022 12:37

Nov 30 (Reuters) - Exro Technologies Inc  EXRO.TO :
    * EXRO TECHNOLOGIES INC-
    * EXRO ANNOUNCES MAJOR MILESTONE WITH LINAMAR E-AXLE PHASE
ONE
PROJECT COMPLETION AND PROVIDES OPERATIONAL UPDATE
    * EXRO TECHNOLOGIES INC- COMPLETED PHASE ONE OF  INTEGRATED
E-AXLE
CO-DEVELOPMENT PROGRAM WITH STRATEGIC PARTNER LINAMAR
CORPORATION
    * EXRO TECHNOLOGIES - REMAINS COMMITTED TO DELIVERING ON
REMAINING
KEY DELIVERABLES ON BEHALF OF SHAREHOLDERS BY YEAR-END
    * EXRO TECHNOLOGIES - COMMENCEMENT OF SERIES PRODUCTION OF
EXRO'S
COIL DRIVER™ REMAINS ON SCHEDULE FOR Q3 2023
    * EXRO TECHNOLOGIES INC - FOLLOWING DELIVERY OF E-AXLE
PROTOTYPE
TO LINAMAR, CO HAS RESOURCE CAPACITY TO ONBOARD ANOTHER
STRATEGIC DEVELOPMENT PARTNER
    * EXRO TECHNOLOGIES INC - IN NEGOTIATIONS WITH SEVERAL SUCH
MAJOR
POTENTIAL PARTNERS AND REMAINS OPTIMISTIC OF PARTNERSHIP
ANNOUNCEMENT BY YEAR-END

Source text for Eikon:  ID:nCNWskFTya 
Further company coverage:  EXRO.TO 
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