Exro Technologies to launch Calgary facility with automotive class manufacturing

Exro Technologies Inc (CVE:EXRO) (OTCQB:EXROF) (FRA:1O2), which has developed a new class of power electronics for electric motors and batteries, announced Wednesday that it is launching a new facility in Calgary with automotive class manufacturing.  The Calgary, Alberta-based clean technology company pioneering intelligent control solutions in power electronics, said the new facility will feature 37,000 square feet of production lines, product showrooms, and office spaces capable of producing units for the entire Coil Driver product line. “The facility will embrace clean energy solutions, including solar power and battery energy storage solutions with a net zero carbon emissions objective,” said the company. This will bring new clean technology jobs to Calgary across functions like engineering, operations, and supply chain. READ: Exro Technologies to commercialize system solutions with Heinzmann motor integration "The launching of our new facility in Calgary is a reflection of our dedication to execute on our deliverables," Exro CEO Sue Ozdemir said in a statement. "This substantiates our cost-effective automotive market strategy and further establishes Exro's position as a power electronics company," she added. Exro said providing a bedrock for the company to grow over the next three years, the facility is being designed to deliver up to 100,000 units per year across all the Coil Driver products. “This supports Exro's strategic milestones to focus on low-volume manufacturing while still utilizing manufacturing partners and licensing contracts for future high-volume manufacturing,” said the company. The opening of the new facility will set the stage for Exro to execute on its strategic roadmap as a supplier to the automotive industry. It will be outfitted to meet certifications for ISO 9001:20151, IATF 169492, and ISO 262623 compliant product development. Functional safety and quality management system planning is already underway, revealed the company. The doors are planned to open before the end of 2021 for employees and automotive certified production by the end of 2022, said the company. Meanwhile, Exro's current Calgary facility will continue to be a source for “low-volume commercial products to the less regulated mobility applications with in-house design, testing, and assembly,” said the company. It will remain the core innovation center for research and development, design and testing, and piloting prototypes for Coil Drivers, Battery Control Systems, and future technologies. Contact the author Uttara Choudhury at uttara@proactiveinvestors.com Follow her on Twitter: @UttaraProactive