Exro Technologies, Inc. · OTC:EXROF
Exro Technologies — Investor Presentation (2024)
17 slides from Exro Technologies's investor presentation, Jun 17, 2024
Slide 1: Accelerating the Adoption of Electric Vehicles
Accelerating the Adoption of Electric Vehicles Technology Driven Performance Improvements and Cost Reduction 2024
Slide 2: Disclosures
Disclosures This presentation contains forward-looking statements within the meaning of Canadian Company's ability to retain skilled management and staff; currency, exchange and interest securities laws. These statements relate to future events or future performance and reflect rates; the availabili
Slide 3: Efficient Electric Propulsion
Efficient Electric Propulsion ELECTRIFICATION BARRIERS EXRO DIFFERENTIATION ELECTRON GUZZLERS EFFICIENT PROPULSION TECHNOLOGY Inefficient real-world performance due to lack of 3M+ miles of industry-leading efficiency, validated by harmony amongst various components. blue chip OEMs. COSTLY MECHANICAL
Slide 4: Who We Are
Who We Are At Exro, we are on a mission to revolutionize electric propulsion and reshape global energy consumption. Our patented power electronics, hardware and software, enhance the efficiency and cost-effectiveness of electric vehicles. By advancing the capabilities of electric motors and batterie
Slide 5: Why Exro?
Why Exro? Our technology is the brain and the voice that controls an electric vehicle. We are changing the way the world consumes energy by delivering cost effective control solutions that improve system efficiency and total cost of ownership. OPTIMIZED COST EFFECTIVE ELIMINATE PATH TO POWERTRAIN EL
Slide 6: Electrification at a Glance
Electrification at a Glance PASSENGER COMMERCIAL PROVIDED BY 2 COIL DRIVER™ 2 3 MOTOR CONTROL AGNOSTIC TO PROPULSION TYPE 1 The Coil Driver™ is a patented traction inverter 2 technology customizable for both passenger 2 and commercial vehicle applications. 1 BATTERY 1 3 PROPULSION SYSTEM The SEA-Dri
Slide 7: Exro's Technology: Doing More with Less
Exro’s Technology: Doing More with Less More Range | More Torque | More Power | Less Cost Agnostic to propulsion type every electric vehicle consists of 3 major components – battery, motor and inverter. The INVERTER IS THE BRAIN of the powertrain. The VCU (vehicle control unit) — the box that contai
Slide 8: Why it Matters
Why it Matters Significant Value Proposition for E-Mobility Market: Cost & Performance Passenger vehicle Commercial vehicle Higher payload across various terrains A PV equipped with Exro Coil Driver™ A CT equipped with Exro Coil Driver™ A 17-ton truck equipped with Coil will see on average 5-15% gre
Slide 9: Large TAM Opportunities Supported by Secular Tailwinds
Large TAM Opportunities Supported by Secular Tailwinds Addressable market (1) Passenger LDV(3) Two-Wheelers HDV(3) MDV (3) Buses Coil Driver™ ~US$133B 16% 28% 10% 45% 37% 4% 2030 TAM US$133B+ COIL DRIVER™ ~US$133B [2023-2030] 2023 – 2030 CAGR to reach projected market size Regulatory environment Cal
Slide 10: Established OEM Distribution Network with Multi-Year Customer Contracts and 2024 Orders
Established OEM Distribution Network with Multi-Year Customer Contracts and 2024 Orders OUR BLUE-CHIP CUSTOMERS’ DISTRIBUTION NETWORKS Mack 300+ Locations | 40+ Electric Certified Hino 200+ Locations Small Fleets MTE, UPS, APAC PASSENGER / LIGHT-DUTY MEDIUM-DUTY HEAVY-DUTY Induction Machines E-Propu
Slide 11: Focus on Execution
Focus on Execution Multiple revenue streams to deliver short-term revenue and 2026+ long-term growth LONG-TERM OPPORTUNITIES 2025 Adjacent Vehicle Classes 2024 EXPANSION Light Commercial Class 8 Trucks EXECUTION Hydrogen Ready Extended Range North America Europe Middle East Licensing Model - SE Asia
Slide 12: Capital Structure
Capital Structure Public company in US & Canada Basic shares outstanding 508.8 M Options / RSU’s / PSU’s 31.0 M Warrants outstanding 29.5 M Fully-diluted shares 569.3 M outstanding Convertible Debt US$63 M TSX: EXRO; OTCQB: EXROF NASDAQ ready Capitalization and Q2 2024 12
Slide 13: Board of Directors
Board of Directors Sue Ozdemir Rod Copes Chief Executive Officer Chairman Former CEO of GE's Small Industrial Motors Division - Former Chief Operating Officer at Rivian General Electric (NYSE: GE) (“GE”). Automotive; Former division President at Harley- $160M revenue enterprise Davidson 30+ years au
Slide 14: Leadership Team
Leadership Team Sue Ozdemir Darrell Bishop Chief Executive Officer Chief Financial Officer Former CEO of GE's Small Industrial Motors Division - General Electric 15 Years Experience in Investment Banking and Capital Markets (NYSE: GE) (“GE”). Peters & Co Limited, Haywood Securities, National Bank $1
Slide 15: Goals – Innovation Realized Through Profitable Revenue
Goals – Innovation Realized Through Profitable Revenue 2024 Deliver on order book – 250 Systems in 1H Year Cost synergies with 20% G&A reduction First joint integration development Supply chain efficiencies to drive New Innovation program 5% BoM reduction 2025+ Path to profitability in 1H 2025 Addit
Slide 16: Investment Summary
Investment Summary Power electronic controls that target all e- Defined path to profitability Delivering revenue with blue-chip OEMs mobility applications – Hydrogen, Hybrid, which provide unique leverage through and Battery Electric. If it’s electric it needs ecosystem of distribution networks our
Slide 17: Exro Technologies Inc.
Exro Technologies Inc. www.exro.com | @exrotech