Exro Technologies to acquire SEA Electric in $300m deal to expand EV reach

Exro Technologies to acquire SEA Electric in $300m deal to expand EV reach

Exro Technologies Inc. (TSX: EXRO) and SEA Electric Inc. have entered into a pivotal agreement for Exro’s acquisition of SEA, marking a significant advancement in the electric vehicle (EV) technology space. The transaction, valued at approximately US$300 million, is poised to enhance Exro’s technology offerings and accelerate its path to profitability. This merger unites Exro’s […]