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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
Comment by vestmedon Feb 22, 2011 6:39pm
278 Views
Post# 18176640

RE: RE: RE: CEASE and DESIST Threats

RE: RE: RE: CEASE and DESIST ThreatsSorry folks I have to apologize for a mistake in my previous message. I was trying to remember what was said in an older news release and i mistakenly reported that EFL was ISO certified. What the article states is that "Electrovaya's  unique zero-emission production process technology, which exceeds all European Union as well as stringent Norwegian environmental regulations". I should have checked the article prior to posting but was unable to find it initially. I do not want anybody misled either way so I am sorry for posting without checking the source first. As far as the working seven days a week this can be verified by going on electrovaya's web site. Under news if you look back to a release dated 2009-06-15 you will be able to access a cbc report on the "national" a canadian program which has a brief video reporting on electrovaya. Near the beginning of the video they talk about how they are working 24/7. Note that this video is dated june of 2009 and the EIG news release was Oct. 2009 so same time frame. Remember they are not selling these vehicles yet this is still early in the game that is why their profits are not high yet but that is coming very soon.  
Bullboard Posts