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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

Bullboard Posts
Post by snoopeeon Aug 03, 2006 8:13pm
119 Views
Post# 11185499

Better Read on EFL in NY

Better Read on EFL in NY From N.Y. Governor's Site. Interesting points. Much clearer than EFL's release. Indicates a manufacturing site, not R&D and with room for expansion!!! Secondly, plans to retrofit 600 hybrid vehicles to plug-in hybrids. Interesting to see in EFL will be involved in this too!!!! In addition, the Governor announced that Electrovaya, a Canadian high-tech battery manufacturing firm, plans to expand Canadian operations into 5,000 square feet of manufacturing space at STEP, with additional expansion planned. The company’s lithium-ion batteries can be used in a variety of products and applications. A new $10 million program to retrofit the 600 hybrid vehicles in the State fleet to be plug-in hybrids, which allows them to be plugged into the electric grid to boost mileage in excess of 100 miles per gallon while significantly reducing emissions of harmful pollutants. Once the State’s hybrid vehicles have been converted to plug-in hybrids, the program will be made available to private vehicle owners through a competitive process. https://www.ny.gov/governor/press/06/0801062.html
Bullboard Posts
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