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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 > Battery price crashing should bring high margin
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Comment by TicTacToon Dec 21, 2020 5:56am
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Post# 32150902

RE:RE:Battery price crashing should bring high margin

RE:RE:Battery price crashing should bring high margin200,000 is transcript error, C$4.3 millions for 150 batteries is official info leading to mean C$30,000/battery (including battery, charger, commisioning).

US$23,000 for total probably around US$16,000 mean for batteries (70% of total).

Price should decrease as cell price crashing fast ... market will expand faster as more and more competitive vs lead acid.

Flux Power presentation provide US$12,000 for M-series and US$22,000 for L/X series in slide 9 and 10.

https://www.fluxpower.com/hubfs/Company%20Presentation/Flux%20Power%20Company%20Presentation%20-%20November%2017,%202020.pdf
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