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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 Stockholder2008on Sep 26, 2023 5:49pm
144 Views
Post# 35655748

FLUX Flux Power

FLUX Flux PowerI have noticed that Flux Power has lost 18% in stock price in each of the last three days.  They are in the materials handling battery business along with airport equipment batteries.  I started looking around to see why the drop.  I read an article that said sales last quarter were less than expected.  They also reported a small loss for the year.  Now I am wondering if Electrovaya is starting to take some of their expected sales ?  It will be interesting to watch as Electrovaya has said they needed to increase their presence on the West coast.

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