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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 > New LFP Battery Cell
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Comment by Stockholder2008on Jun 07, 2024 6:33pm
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Post# 36078648

RE:New LFP Battery Cell

RE:New LFP Battery Cell
So,  WHO is the new customer for the LFP battery?  I am thinking it is ZEV Clean Power.  Electrovaya was working with them 3 or 4 yrs ago but they went with another supplier.  Now on the latest presentation Pg 11 the bus shown is ZEV Clean Power.   So if they came back it could be because Electrovaya has a new lower cost battery cell?  Or they could have had a bad experience with the other supplier.  Just a WAG right now so keep watching. 

That would leave the Power Storage Customer with the Infinity cell and the Automotive company with the Solid State Cell.  Wednesday June 12th should be very informative.
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