Electrovaya Inc T.ELVA

@ the Bell: TSX powers through to close week higher

[SafSaf]

The company is already supplying batteries to Bastian Solutions, part of Toyota Forklift  https://www.toyotaforklift.com/lifts/automated-guided-vehicles/cb18-automated-guided-forklift

[vestmed]

I believe they will address this in a round about way and I think they already have. There seems to be a reluctance by Toyota to just come out and state they are using Electrovaya's batteries. In

[MaterialsMan]

Vestmed, Nice find !! Sounds like if this materializes it could be huge. Do you think that management will address this on the 13th via the conference call ?

[Jonathon Brown]

Canada’s main stock index inched up on Friday. The only drag on the TSX was a drop in the energy sector while mining led gains. read article.

[vestmed]

Listen to this video by Jennifer Lupo from TMH/Raymond regarding the new R&D center in Rochester N.Y.  She states it is about electrification of TMH vehicles. So we have confirmation that TMH

[Stockholder2008]

I do not let bother me.  The stock price has been controlled for several years now.  I am hoping Electrovaya will berak out soon.  Maybe May 14th?------------------------------- TORONTO

[MaterialsMan]

I must admit to having been a little concerned on Wednesday about the fluctations to the downside early in the day. It was evident on the OTC as well. There seemed to be no apparent reason for it

[Jonathon Brown]

While energy gains propel the TSX, industrials get attention from the EV market and investors navigate another week of mining sector activity. read article.

[PressRelease]

TORONTO, ON / ACCESSWIRE / May 2, 2024 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its second quarter ending March 31, 2024, following the market close on Monday, May 13, 2024. This will be...read article.

[Stockholder2008]

The Electrovaya infinity battery has eliminated the need for swapping like the old liquid lead acid batteries in forklifts.  That is one of their advantages, increased operating time.  It

[MaterialsMan]

I wasn't familiar with battery swapping applications, even though I do it all the time with my assortment of ego lawn care appliances. It seems particularly suitable for forklift applications

[Stockholder2008]

I do not think Gogoro will be using Electrovaya's batteries.  What I think is that Sumitomo has a prospective OEM customer that wants to use battery swapping.  It will probably be

[Stockholder2008]

Just one day after the Electrovaya Sumitomo"s  contract we see this: Today, Gogoro announced signing an MOU to form a new partnership with Japanese giants Sumitomo Corporation and Sumitomo

[Stockholder2008]

First I think Electrovaya was chosen because the batteries are intended to go into heavy duty construction equipment and mining equipment. Second this could be a very big deal as Electrovaya will be

[MaterialsMan]

Is this the moment we longs have all been waiting for? Sounds like a real big deal. Could be a specialty niche. Very curious to know why Electrovaya was chosen. Hopefully there will be some

[TrevorAbes]

https://stockhouse.com/news/the-market-online-news/2024/04/29/electrovaya-inks-battery-supply-contract-with-sumitomo-corporation

[Stockholder2008]

This could be a good time to get in.  Coming up in two week or so will be Qtr 2 earnings report and conference call.  Earnings are expected to be good and profitable.  Conference call