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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 electrofiedon Jan 23, 2015 1:01pm
88 Views
Post# 23356557

RE:RE:RE:RE:RE:Another big project

RE:RE:RE:RE:RE:Another big projectI have always considered myself as an astute investor looking at companies with unique products with huge market potential. Electrovaya seemed to have fit that profile. I did invest in this company knowing full well the risks associated with investing in small cap businesses. But the potential was too great to ignore they were peaking at the right time with the right competitive advantages. Lowest cost manufacturing and a quality battery. What I did not expect was the lack of good communication with current shareholders on their future plans because as a family run business with controlling interests, our opinion is irrelevant according to them. What the family has found out in the last month is that all outside investors have paid attention and are unwilling to gamble even at .65 cents a share. Their credibility has been shot. Their propensity for assuming risks is not clearly defined and as such this shares of this stock is are better than a lottery tickets. Maybe they will vindicate themselves with further disclosure, but I for one has lost confidence in their management of the future for this company if it ever has one
Bullboard Posts