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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 > No new sales announced in the last 11 months
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Comment by Borellyon May 22, 2021 12:57pm
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Post# 33254158

RE:RE:RE:No new sales announced in the last 11 months

RE:RE:RE:No new sales announced in the last 11 monthsKiss my grits.... Read this brainchild....

Excerpt from the 2nd Quarter Financial Quarter call transcript.

Last quarter was the first quarter that the Raymond strategic supply agreement came into effect. We continue to receive repeat orders for Fortune 500 companies as they recognize the efficiency gains from our lithium-ion batteries in their operations. As an example of the new sales push from our OEM partner is one recent customer they secured recently is a Fortune 100 big box retailer who is now operating our batteries in five of their stores in the New York City area. This end user has several thousand stores and could become a significant opportunity for the company several hundreds of million potential with a single customer.

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