Electrovaya Inc T.ELVA

Raymond

[vestmed]

I don't think it's running just on the UL news I think it's more because of this news  https://www.dcvelocity.com/articles/48009-introducing-energy-essentials-distributed-by-raymond

[VueConnect]

Must be the best kept secret going, since Nov 11th from  0.85 to $1.36 and not a blurb from anyone.  With all the action on EV bus stocks at the moment an order from a bus company would be ideal.

[vestmed]

Putting it all together from Raymond's announcement it looks like Raymond is rebranding EFL's batteries under their brand "Energy Essentials". This should improve sales dramatically, also remember Raymond is a subsidiary of Toyota. Toyota makes it's own forklift batteries so why are they using EFL's? I don't think it is too much of a stretch to conclude Toyota will be

[Scotty1234]

They also has a contract with Wallmart to provide them with batteries for their e-Lift trucks.  In their Investor PPT presentation, you could also see that their battery goes within Crown Forklift, a huge company of forklifts. This is a Looks good!