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Electrovaya Inc T.ELVA

Alternate Symbol(s):  ELVA

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

Bullboard Posts
Post by TeddyBearon Dec 24, 2019 9:45am
56 Views
Post# 30487244

US12M book order is fine but not grow since months

US12M book order is fine but not grow since monthsclear that Raymond sales remain at small scale (and 1Q 20 will include C$1.6M SDTC grant), that's very disapointing.

Always same problems not able to provide forecast, based on little 4Q at 500K, 1H could be correct and 3Q/4Q a mess.

Not yet proof there are on a strong growth pattern, stock could not perform is no vision of future sales growth.
Bullboard Posts