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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
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Post by Royal10on Nov 22, 2022 3:28pm
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Post# 35119693

EFL: Best battery small cap.

EFL: Best battery small cap.I bought a strong position in ELECTROVAYA for these reasons: insiders and institutional investors have bought strongly in the last non-brokered private placement (Nov. 3/22); Q4/2022 will demontrate 
130% revenue growth versus Q4/2021 and the set up Li-ion gigafactory in New York. Revenue will double in 2023. Few analysts are following this stock, but the average target price is $3.25! Potential triple in price (today's price: $1.10).
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