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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 TeddyBearon Dec 24, 2019 11:42am
61 Views
Post# 30487842

RE:$504k in Q4=CONTINUED FAILURE TO DELIVER ON BIG PROMISES

RE:$504k in Q4=CONTINUED FAILURE TO DELIVER ON BIG PROMISESalways the problem with Electrovaya some good news but deceptive at the end.

3 Walmart warehouses for a small boutique is an achievement but at the end of the day revenue is far from impressive US$4.9M (and less than 2018) when Flux Power rack almost US$10M and expect US$20M in July 19 - June 20 FY.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities