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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

Post by onlygameon Nov 27, 2020 6:36pm
1258 Views
Post# 31993081

Volume

VolumeAt first I thought this was just a speculative run with traders moving in for the big "Green New Deal" and anticipated move away from fossil fuels. Basically, a useless Joe Biden election. 

Volume has been huge for many weeks. Even today, Black Friday when many usually take a 4 day weekend, EFL volume hit 3 mil shs. There is more going on here than meets the eye.

Is EFL prime for a buyout?

Are traders anticipating better sales for companies positioned like EFL based on the Plug Power analysis in Seeking Alpha. 

Is the branding of EFL batteries under Crown Forklift's "Essence" series a move to have Crown be the Face of EFL batteries creating more confidence and sales. 

Hope to sort this out next Monday and Tues. I think they're pumped to tell us things are finally ready to launch EFL into prime time.


 
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