Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 GerritEtmanson Jan 28, 2016 3:52pm
133 Views
Post# 24503128

RE:Electrovaya Building another Factory!

RE:Electrovaya Building another Factory!It is highly unlikely that EFL will need another factory anytime soon.  So far, we know of a sale worth $16 Million, spread over 14 months.  Let's say that they get $400 per kWh, then this order is worth 40 MegaWatt-hours in 14 months, or about 35MWh in a year.   EFL's press release in April of 2015 stated that the capacity in Germany is 500MWh.  So, they can get 10 more of these orders of 35MWh per year, and still have spare capacity.  Therefore it is safe to say that the talk about a second factory is nothing but hype, especially when we know that they have more than 150,000 sqft in Mississauga with only about 15 people working there and truckloads of idle manufacturing equipment.  
Bullboard Posts