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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
Post by coughlcon Nov 03, 2009 7:19pm
286 Views
Post# 16449828

Yet another MOU - yet they can't supply batteries

Yet another MOU - yet they can't supply batteriesCome on?!  Are you guys born yesterday?   Here we have a Korean battery maker getting a CONTRACT for batteries because, you guessed it, EFL can't supply them and you get excited because they announce yet another MOU (no contract) to supply the Japanese ectric grid sometime in the future?!?!?

Do you know that many Japanese homes contain a lot of flammable material?  Do you know that they suffered enough with Nagasaki and Hiroshima?

So let's see some logic in your arguments and convince me that this M  O  U  (or mooo! for short) is going to produce millions while they cant deliver batteries for the famous car that does not go very fast or much faster than a peddle powered vehicle?!   Convince me as to how an MOU with out any numbers or figures, or the fact that EFL is ramping up production (from 24/7?  How can that be- have they invented the 30 hour day?) from some unknown number which could be as low as 1 is BETTER than EIG getting a 2 million cell contract (C O N T R A C T) to supply same till 2012?!?!?!

Heck if EFL actually could manage to land a contract of that size AND deliver on it, I would be back in but so far history does nothing but repeat itself.


On a side note you would be wise to treat YEDI's contribution with the same attention that you would give a festering boil on a non-denominational of undetermined origins or parentage,  liars rump.
Bullboard Posts