Exro signs drive supply deal with evTS
Exro Technologies, a Canadian company that has developed a new class of power electronics for electric motors and batteries, has signed an agreement with Boston-based ev Transportation Services (evTS) to supply an initial quantity of 1,000 units of its 100V Coil Drive System for use in evTS’s 2023 FireFly vehicles.
The agreement commences with an initial purchase order of 1,000 Coil Drive System units, which consists of a Coil Driver controller and an optimized electric motor. Over the 36-month term of the agreement, Exro will plan to deliver an increasing volume of its Coil Drive System with production beginning in 2023. The agreement will commence with an initial purchase order of 1,000 Coil Drive System units, which consists of a Coil Driver controller and an optimized electric motor.
Recently, Exro also made headlines when the company signed a similar supply agreement with Vicinity. This is also not Exro Technologies’ first deal with evTS, as the two companies agreed on a second-life battery programme in December 2021.
“Exro’s ability to optimize the range and efficiency of the FireFly utilizing what is essentially an electronic automatic transmission creates an exciting competitive advantage for evTS in the lightweight commercial vehicle space,” said David Solomont, Chairman and CEO of evTS. “We are thrilled to work with Exro as a valuable equipment supplier, not only to optimize the performance of our vehicles, but to enable our used battery cells to serve in second-life energy storage applications. We look forward to continued collaboration in the years ahead as we continue to scale our operations alongside our tier-1 partners.”
“We’re pleased to expand our partnership with evTS, providing access to the complete Exro ecosystem, including improved powertrain performance and the opportunity to repurpose their batteries for energy storage. This is a great example of how we can solve multiple challenges for customers on the path to electrification,” said Sue Ozdemir, CEO of Exro Technologies.
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