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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 > Vicinity deal short live
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Comment by SafSafon Jan 14, 2022 2:53pm
119 Views
Post# 34318377

RE:RE:RE:RE:RE:Vicinity deal short live

RE:RE:RE:RE:RE:Vicinity deal short liveArticle raise the good point, no commitment with Electrovaya, for Proterra 600 pack order till 2024.

Sounds Vicinity no trust in capability of EFL to scale-up.

Vicinity Motor also reportedly entered into a strategic supply agreement with battery manufacturer Electrovaya in October last year. Electrovaya is to supply lithium-ion batteries for the Lightning electric buses and the VMC 1200 Class 3 truck. At the time, Vicinity Motor did not provide further details on the agreed delivery quantities and the financial scope of the strategic partnership.

https://www.electrive.com/2022/01/14/proterra-to-supply-vicinity-with-truck-bus-batteries/
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