Exro Signs Agreement with evTS & Announces Initial Purchase Order

Exro Technologies Inc. announced that it signed an agreement with ev Transportation Services Inc. to supply an initial lot of 1,000 units of its 100V Coil Drive System beginning in 2023 for integration into multiple evTS’ Model Year 2023 FireFly ESV vehicles. 

The purchase order follows months of collaboration between the Exro and evTS teams to demonstrate the value of the Coil Driver technology to improve the performance of evTS vehicles. The companies worked together under a non-disclosure agreement to integrate Exro Coil Drive System technology into Firefly vehicles to optimize the performance of the powertrain. This agreement is the culmination of the cooperative efforts of the two companies to design and deploy purpose-built, high-performing electric vehicles, according to a company statement. 

This collaboration is in addition to the previously stated plans for Exro to repurpose evTS’ FireFly batteries for second-life battery energy storage applications, which were made public in December 2021. These two projects demonstrate the full range of capabilities that Exro can offer in the development of a circular economy utilizing second-life batteries for energy storage, while improving the performance of electric vehicles with its Coil Driver technology. 

evTS' flagship product, the FireFly ESV, is a lightweight e-mobility solution purpose-built to serve a range of essential urban functions, including parking control and curbside management, security and perimeter control, last-mile delivery and property and grounds maintenance.

The addition of Coil Driver to the FireFly ESV will eliminate evTS’ need for multiple motors and offer greater vehicle efficiencies by enabling intelligent electronic gear switching in real time, from a single motor. This capability will give FireFly ESV operators greater control over vehicle operation and deliver performance improvements, including extended range and enhanced torque. 

The agreement commences with a first lot purchase order of 1,000 Coil Drive System units, which consists of a Coil Driver and an 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. With this agreement, evTS FireFly ESVs optimized with Exro’s Coil Driver™ will be used to execute essential services in leading sustainability-minded cities across North America.