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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

Post by MaterialsManon Dec 27, 2022 11:51am
365 Views
Post# 35192468

Comment on EFLVF announcement

Comment on EFLVF announcementI just happened to read about this press release from today on a different venue.
Thouht I would check with this bullboard to see if it has created any excitement. It appears to be significant as solid state is considered to be the 'Holy Grail" for the industry.
Fact is as I write, less than 200 shares have traded in the U.S. 
Guess everyone is either still on Christmas holiday or stuck in an airport facility.
Quite some time ago I reseached this indusry, spoke to people in Ontario and saw this as an opportunity to acquire stock in a battery manufacturer at a good entry point.  
I have observed some ups and downs. Not unusual for a company of this nature in a highly competitive and ever changing industry. I've observed negative input regarding management; justified or not you decide. They have made relentless slow and steady progress.
I personally would like the S/P to stay pretty much where it is, as I would like to increase my position in the New Year when becoming eligible for additional Roth IRA contributions.
Hope you all have a Happy New Year.


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