Exro is partnering with Untitled Motorcycles to incorporate coil driver technology into the award-winning electric motorcycle

• Exro has partnered with Untitled Motorcycles to incorporate its 100-volt coil driver technology into the award-winning XP Zero electric motorcycle.
• Tests show that Exro’s technology can provide a 25 percent increase in performance and a 15 percent increase in torque, increasing the modified XP Zero motorcycle to 162 ftlb of torque.
• Shareholders and the general public are invited to view the XP Zero motorcycle at the CES booth 6019 by. to visit 5-8 January 2022.

CALGARY, AB, December 30, 2021 / PRNewswire / – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the “Company” or “Exro”), a clean technology company that has developed a new class of power electronics for electric motors and batteries, announced today announced today that it has partnered with Untitled Motorcycles to demonstrate the benefits of Exro’s patented Coil Driver technology in the award-winning XP Zero electric motorcycle from Untitled Motorcycles.

In forming this partnership, the two companies will work together to incorporate Exro’s 100-volt coil driver technology into limited edition XP Zero electric motorcycles. Exro will provide technology and integration support while leveraging the world-class design and development expertise of Untitled Motorcycles.

“The XP represents a vision of the future of motorcycling, unrestrained by the legacy of soon-to-be-out-of-date technology, making it a natural complement to Exro’s technology,” said Hugo Eccles, Founder and Design Director of Untitled Motorcycles. “We have been working on a racing version of the XP and have a technology partner in Exro who can help us take things to the next level.”

Tests show a 25 percent and 15 percent increase in power and torque, respectively. The XP Zero accelerates from 0 to 100 mph in just 3.7 seconds – faster than a Ferrari F50 or McLaren F1 LM – and currently produces an impressive 140 ftlb of torque, almost twice that of a Ducati Panigale V4R . The modified XP Zero fleet will be increased to an incredible 162 ftlb. “To put it in context, that’s the same torque as a Lotus Exige S, but in a vehicle that’s 1,600 pounds lighter,” said Eccles.

“We are excited to partner with Untitled Motorcycles and expand our work in the electric motorcycle market,” said Sue Ozdemir, CEO of Exro. “The XP Zero is exceptional in looks and performance, and our Coil Driver technology will make the XP even better. This has been a great year for the introduction of electric motorcycles and we are proud to be part of the advancement in the industry. “

The public is invited to a unveiling of the XP Zero motorcycle with Exros Coil Driver technology at CES in Las Vegas. Visit Exros booth number 6019 between 5th and 8th January 2022, for a first look at the new electric motorcycle.

About Exro Technologies Inc.

Exro is a clean technology company pioneering smart control solutions in power electronics to solve the toughest electrification problems. Exro has developed a new class of control technology that extends the capabilities of electric motors, generators, and batteries. Exro enables the application to do more with less energy.

Exro’s advanced motor control technology, the Coil DriverTM, expands the capabilities of electric powertrains by enabling intelligent optimization for efficient energy consumption. Exro works with many partners from around the world to bring their technology to the electric mobility industry and beyond.

You can find more information on our website www.exro.com.

Visit us on social media @exrotech.

About Untitled Motorcycles
Untitled Motorcycles (UMC) is an Anglo-American company based in San Francisco and Londonwho designs and develops motorcycles in collaboration with brands such as GQ, Ducati, Triumph, Yamaha, Zero and Harley.Davidson.

Untitled Motorcycles’ work has been featured extensively in print and online media, including an episode on CNBCs Jay Lenos Garage. The XP Zero will appear in an upcoming Paramount Pictures movie set released in mid-2022.

About the XP Zero motorcycle
The XP Zero is a new kind of electric motorcycle that leaves conventions behind and defies expectations. Developed without compromise and built with precision, the XP combines the most modern design with the latest technology and stands for a new era of motorcycling.

The XP Zero doesn’t look like a conventional motorcycle because it’s not a conventional motorcycle. The XP produces twice the torque of a superbike and accelerates faster than a supercar. The on-board computer offers fourteen user-specific performance profiles that can be switched on-the-fly and transform the XP from a cruiser on the highway into a café racer in the canyons.

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This press release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws. All statements, other than statements of historical fact, are forward-looking statements. In general, forward-looking statements can be made through the use of terminology such as “plan,” “expect,” “estimate,” “intend,” “anticipate,” “believe” or variations of such words or statements that certain acts, events or results “may” “,” could “,” would “,” could “,” be accepted “,” occur “or” be achieved “. Forward-looking statements involve risks, uncertainties and other factors disclosed under the heading “Risk Factors” and elsewhere in the Company’s filings with Canadian securities regulators that could cause actual results, performance, prospects and opportunities to be affected The forward-looking statements, express or implied herein, differ materially. Although the company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based on the information available to management at the time of this publication, actual results and developments may differ materially from differ from those expected in these statements. Readers are cautioned not to place undue reliance on these statements, which speak only as of the date of this press release, and no assurance can be given that such events will occur in the time frame or at all. Except as required by law, the company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason.

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SOURCE Exro Technologies Inc.