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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
Post by GerritEtmanson May 09, 2013 7:30pm
123 Views
Post# 21369072

Musings about EFL and Toyota

Musings about EFL and Toyota

I think that every EFL investor would welcome an involvement of Toyota.  This would be news that really would drive the share price.  Now, positive news at EFL is usually preceeded by "strange" share price spikes, that some would call insider trading.  The last such spike catapulted the share price from $0.35 to $0.8, and it had the insider spike before it became official.  Now, look at the share price.  The rumor did absolutely nothing for the SP or the volume.  This tells me that the Toyota rumor is false.  I may be wrong with my Dong-Feng guess - it may well be Tata - but it sure is not Toyota; otherwise the share price would be over $1.00.

Bullboard Posts