Exro completed the merger with SEA Electric in a $294m deal.

Exro, a clean technology company that has developed new generation power control electronics that change how the world optimizes energy, completed the merger with SEA Electric, an automotive and e-mobility technology company, in a $294m deal. "With OEM contracts in-hand and industrialization underway, SEA Electric will benefit greatly from this business combination. Exro provides the resources, capabilities and automotive systems that will ensure the successful execution of these important contracts, as well as offering complementary and differentiating technology in the form of its Coil Driver and Cell Driver. I am very excited about our combined future," Tony Fairweather, SEA Founder and CEO.