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Electrovaya Inc T.ELVA

Alternate Symbol(s):  ELVA

Industrials
Electrovaya Inc. is a Canada-based lithium-ion battery technology and manufacturing company. The Company designs, develops and manufactures lithium-ion batteries and battery systems for energy storage, clean electric transportation, heavy duty electric vehicles and other specialized applications based on its Infinity Battery Technology Platform. The Company is focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The Company is also developing next generation solid state battery technology at its Labs division. The Company has two operating sites in Canada and has a 52-acre site with approximately 135,000 square foot manufacturing facility in New York state. Its battery products are used across various applications, including material handling, e-mobility and energy storage.


TSX:ELVA - Post by User

Electrovaya Inc
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Comment by Yedi2on Jan 30, 2015 2:08pm
78 Views
Post# 23382625

RE:RE:Wow $700k dollars

RE:RE:Wow $700k dollars
GerritEtmans wrote:
Yedi2 wrote:
is like 1 million canadian pesos!
 Sorry to blow your bubble, but it's only 700,000 Canadian Pesos.  Tugliq (EFL could not even spell their customer's name right in the press release!) is a Quebec company, Hatch is is just up the road from EFL in Mississauga.  These figures are CAD, not USD.



You're probably right Gerrit, most contracts for efl would be set in USD but if all parties involved and locations are in Canada then it's likely based in CAD currency.... and it says in their press release from April 2014 that the approx. value is $750k CAD, so its hard to say for sure really....  but either way, they're alive!! (barely) :(


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