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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 GerritEtmanson Aug 24, 2011 7:33pm
175 Views
Post# 18976835

RE: Another contract signed

RE: Another contract signedThis is brilliant.  You have to hand it to EFL: what they lack in QC, mass production etc, they make up for it in the Sales department.  I mean, isn't it a stroke of genius that you can sell all those returns from the Ram truck a second time?  I understand that there are quite a few thousand cells that came back from Chrysler.  A little Harry Potter magic and - poof - they become "BESS".  At about $3 per Wh, they fetch more as rejects than the did originally.  I am surprised that the share price did not honour this feat.
Bullboard Posts