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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 proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications. The Company is focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. Its technology includes infinity battery technology and solid state battery technology. The Company’s product portfolio includes cell technology, infinity battery systems, low voltage, and high voltage. Its infinity battery system-high voltage applications include E-buses, E-trucks, Mining Vehicles, and Defense. The Company has two operating sites in Canada and a 52-acre site with a 135,000 square foot manufacturing facility in Jamestown, New York state for its planned gigafactory.


TSX:ELVA - Post by User

Bullboard Posts
Comment by coughlcon Jan 26, 2009 11:03pm
149 Views
Post# 15730150

RE: New Accounting Designation

RE: New Accounting Designation...should investors be thinking "forensic audit needed"?

Think about it...if EFL could sell their batteries to 0.1% of the US market, they would be a fantastic success.  The problem is that it may look like they have sold to 0.000000001% at best over the past ten years!  Ofcourse, hard to tell because they don't divulge details for competitve reasons!?  Compete with who?  You have to be successful to be considered a competitor.  Pathetic revenues indicate that they have trouble competing with the corner store selling AA batteries :-)
Bullboard Posts