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Exro Technologies Inc

12:59 PM EST - Exro Technologies Inc : Announces that it has signed a Memorandum of Understanding for strategic partnership with an undisclosed development partner, a multi-national company that is a direct supplier to the global automotive industry. The strategic partnership is intended to leverage Exro's Coil Driver™ technology and the NDA partner's design, manufacturing, and supply capabilities to develop next-generation powertrain solutions for electric commercial vehicles and off-highway applications in Europe and North America. Exro Technologies Inc shares T.EXRO are trading up $0.12 at $2.62.