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Exro Signs Multiyear Agreement with evTS and Announces Initial Purchase Order for 1,000 Coil Drive Systems Starting in 2023

Newswire.ca - Wed May 11, 2022

CALGARY, AB, May 11, 2022 /CNW/ - Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the "Company" or "Exro"), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today that it has signed an agreement with ev Transportation Services, Inc. ("evTS"), a Boston-based specialty electric vehicle manufacturer, to supply an initial quantity of 1,000 units of its 100V Coil Drive System beginning in 2023 for use in evTS model year 2023 FireFly vehicles.

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