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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.


TSX:ELVA - Post by User

Electrovaya Inc
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Comment by electrofiedon Nov 15, 2015 10:24am
112 Views
Post# 24292900

RE:RE:RE:Short Time + layoffs + firing part-timers = Destroyed Morale

RE:RE:RE:Short Time + layoffs + firing part-timers = Destroyed Morale
 
 
GerritEtmans

I tend to agree with your somber perspective on the current situation.

The company does not have deep enough pockets to weather another setback.

Their only hope rests with real partnerships and soon, otherwise the window is closing fast and the burn rate will be their undoing. 

I have always felt that the Sankar's family needs to give up control of this compny to stonger players that can take this technology to the next level.


 





 

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