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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 Yedi2on Feb 17, 2023 9:40am
184 Views
Post# 35291789

RE:RE:negativity about us loans

RE:RE:negativity about us loansyes i thought it was a legit concern and opinion that i first posted on Agoracom but that nazi twit ProsserP deleted it so i came here which i never look at much in awhile but seems better now shrimp is gone, maybe shrimp and Prosser are the same dummy and left together...

I've been patient with this company since 2002 and can attest that that's not beeb a good strategy waiting for them tho they do now have an actual good product with great commercial market and growth potential and comfortable tech lead and advancements so think it will work out fine i'm sure eventually but just want them to avoid wasting any more time in government organized boondoggles like Sankar did for 20 bloody years doing project after project but nothing ever going to production. Great for learning and spending money and time fiddling but it''s not a strategy for investing and growing an operating company.

I think they should focus on getting two shifts running and maximizing what they have in Canada first, prove they can control their costs and achieve their margins and secure their supply chains and processes of production etc.. then, only then, look to expand into US or China once their balance sheet has improved after a year or more of solid profits.

They have a weak balance sheet so need to show strong income statements before expanding. They need to focuds on working, producting and selling. That's it. Fiddle with RnD on the side of course but blaze their own path financiall for first time.

Then look to China, the workshop of the world. It's where things are made and that won't change until our governments are reigned in and obliterated in the west and rebuilt by the people, the business men. Look at Germany today, self destructing as we speak under the grip of the us war monger nato psychos... good thing they're still no operating there, but it might not be safe here for much longer either with all the train wrecks, chicken coop fires and chinese weather balloons, oh no!
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