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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 proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications. The Company is focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. Its technology includes infinity battery technology and solid state battery technology. The Company’s product portfolio includes cell technology, infinity battery systems, low voltage, and high voltage. Its infinity battery system-high voltage applications include E-buses, E-trucks, Mining Vehicles, and Defense. The Company has two operating sites in Canada and a 52-acre site with a 135,000 square foot manufacturing facility in Jamestown, New York state for its planned gigafactory.


TSX:ELVA - Post by User

Bullboard Posts
Comment by mohasaon Aug 19, 2016 10:58pm
162 Views
Post# 25160562

RE:Is NMP-Free hype INTENTIONALLY MISLEADING?

RE:Is NMP-Free hype INTENTIONALLY MISLEADING?
5/16/2015 …If we had not taken it over, the plant could not function in the regulatory environment in Germany..."

LIE DETECTED LIE DETECTED LIE DETECTED LIE DETECTED
(Daimler announced 3/1/2016 they are investing $543 million in building a new battery factory about 200 yardsfrom the German Litarion Plant.  So I guess a Lithium-Ion battery plant CAN function in Germany!)


Who am I to query the genius in you but bear with me a little.  Are you telling me that Daimler just sold a battery factory costing a billion dollars just a year ago for less than peanuts and now they are building a replacement factory which will be using the same NMP solvent as the factory that EFL now owns?  Those Daimler folks must have geniuses in management positions, don't you think?

But wait a minute.  Did the Daimler folks confide in you as to what exactly they plan to do in the new factory?  Don't ask me, I have no clue but my guess is assembly of cells from components that they can purchase from elsewhere. Then getting rid of the first plant makes sense.


Bullboard Posts