Electrovaya Inc T.ELVA

Alternate Symbol(s): ELVA

Industrials

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.

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Electrovaya Inc

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Comment by GerritEtmanson Apr 07, 2012 12:37am

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Post# 19768121

RE: A123 Systems tanking is good news for EFL?

I already heard that the new Fisker model Nina (Atlantic) will be using Electrovaya's batteries (not A123) and this will be announced on April 15.

Your thoughts?

From one of my sources, I heard a similar rumor, but I also heard a contradicting one. According to the second source, Dow-Kokam is working on the Fisker Nina/Atlantic. Possibly, both rumors are true, and Fisker is shaking down two competing sources, in which case, an announcement as early as April 15 is extremely unlikely. Besides, April 15 is a Sunday, and we all know that EFL does not work 24/7 . . . ;-))

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