Record quarterly revenue of C$5.3 million with C$6.7 million at quarter end in completed units Exceeded targeted bill of material costs and savings of 5%, recognizing over 10% Recognized cumulative annual business cost-savings of US$7.5 million and on track to deliver 2024 target of US$10 million Awarded ETL certification for the Exro Cell Driver® stationary battery energy storage system Subsequent to quarter end, restructured US$53 million convertible debenture into a promissory note, removing the dilutive potential of a convert while providing up to an additional US$7 million in funding CALGARY, AB, Aug. 14, 2024 /PRNewswire/ - Exro Technologies Inc. (TSX:EXRO) (OTCQB:EXROF) (the "Company" or "Exro"), a leading clean-technology company that provides proprietary motor-control and complete electric propulsion system technology for e-mobility, today announced its financial results for the second quarter ended June 30, 2024. The earnings presentation is available on the Company's investor relations website here. Highlights Record revenue: Exro achieved record revenue of C$5.3 million in Q2 2024 with the delivery of 36 propulsion system units, a significant increase from nil reported in Q2 2023. In addition, the Company had C$6.7 million in completed units at the end of Q2, including an additional 40 completed units being delivered in early Q3. Cell ...