Bullboard - Stock Discussion Forum 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... see more

Add To Watchlist

TSX:ELVA - Post Discussion

Electrovaya Inc > Waning demand

View:

Post by MaterialsMan on Oct 19, 2023 8:19am

Waning demand

Tesla has annouced that lack of demand for EV's is taking a toll.
Along with Ford and GM, the brakes are being applied
I just hope that this issue does not spread into Electrovaya's market.
This announcement is sure to send shock waves throughout the entire EV industry.
An outgoing tide sinks all ships. Maybe ELVA is on dry land.

137

Comment

Comment by Stockholder2008 on Oct 19, 2023 10:02am

An outgoihg tide strands ships in shallow water. Electrovaya has stated that they intend to expand production as the demand increases. If demand slows down then Electrovaya will slow down or halt expansion. Jamestown is the place to watch for this to occur. Right now they are producing a small number of battery packs in Jamestown. For each battery pack assembled there ...more

111

Comment

Comment by Stockholder2008 on Oct 19, 2023 10:10am

Tesla has annouced that lack of demand for EV's is taking a toll. Along with Ford and GM, the brakes are being applied ----------------------------------------------------------------------------------------------- Could it be because their car batteries are catching fire? Are GM and Ford having the same problems? But of course it could be the ECONOMY!

Comment

Electrovaya Inc