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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 Dacomon Apr 14, 2015 3:41pm
133 Views
Post# 23628944

RE:kerrrr plunk im in

RE:kerrrr plunk im in Scotty. It is certainly possible that a new partnership with a new player may turn things around, but, as a newbie to this stock, I'd strongly suggest that you do a bit more due diligence before leaping in. EFL have had many, many years of announcements relating to "new opportunities" and "new partners'.....so frequently, in fact, that everyone has lost count. Sankar is very good at promoting their "opportunities". However, he had been less adept at translating those opportunities into business success. In truth, large part of their revenue has come from persuading governments to support them over the years. I'd suggest you go back and have a read of some old posts, look at their financial results in detail, see what happened to the "opportunities" detailed in previous presentations and MD&As and then thoroughly examine their current cash position. You might be grateful that you did.
Bullboard Posts