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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

Comment by Tdcpigcon Aug 31, 2021 4:25am
91 Views
Post# 33786574

RE:the Company's definition of EBITDA ??

RE:the Company's definition of EBITDA ??Maybe too early to jump back, need first solid news.

Flux Power close to US$14 millions backlog, still need to see effect of Raymond deal as revenue progress slowly. Year will end at 1/3 forecast of 25 millions.

e-bus business will ramp up in 2022 ... same story every year, if they want to support stock just provide sales forecast, providing one prototype fund by SDTC is not a business.

At 30K per battery, 100 batteries per month provide 36 millions yearly revenue, and 100 per month not huge amount in a fast growing field.


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