Exro Technologies (TSE:EXRO) has released an update.
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Exro Technologies has announced a record revenue of C$5.3 million for Q2 2024, with significant savings and cost reductions on track to hit their US$10 million target by 2024. The company also achieved ETL certification for its Exro Cell Driver, signaling progress in the commercialization of its battery energy storage technology. With a strong focus on profitability and operational efficiency, Exro is gearing up to integrate its technology into major OEM programs and initiate production in 2025.
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