Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) is “One to Watch”
Corporate vision represents a multibillion opportunity for Exro’s energy management system solutions, aimed at accelerating the worldwide adoption of electric and renewable power systems Target global market size includes 63 billion bikes and scooters, 55 billion electric vehicles, and 14 billion e-recreational vehicles such as snowmobiles, boats and ATVs Global market growth in the electric motor sectors will continue as the demand for low-impact, zero-emission vehicles accelerates. The projected growth in EV sales is 40% CAGR to 2030. At that time estimated sales of EVs will be 60M units per year with a 50% share of total units sold. Exro’s…