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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 abolduc3106on Jul 29, 2016 9:33am
197 Views
Post# 25095052

RE:Apple and Electrovaya partnership would make sense

RE:Apple and Electrovaya partnership would make senseWith Separion in it's product roster, which is obviously superior to other seperator materials available today and has an addressable market of $2B all on its own, I'm guessing a lot of companies out there are probably interested in partnering with Electrovaya.

What Electrovaya really needs to get to the next level is a financial partner who can help support the company's growth and that could come from any number of places, but I would think that partnering with any single company in the automotive sector would be selling this company short given that there are so many opportunities for it's products out there.

One of the reasons Daimler wasn't seemingly able to make their battery venture economically feasable before handing it over to Electrovaya, besides the environmetal issues related to using an NMP dependent  manufacturing process, is that they were using it to supply their own production needs and were closed to selling to anyone else, and disadvantge Electrovaya doesn't have.
Bullboard Posts