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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 abolduc3106on Aug 24, 2016 11:10am
118 Views
Post# 25171790

RE:RE:Tesla - new 100kWH battery

RE:RE:Tesla - new 100kWH battery@GerritEtmans

As you say, I'm not sure what the cost of sourcing batteries from Panasonic for Tesla is either, but the upgrade they announced yesterday with the release of the 100 kWh batterry pack comes with a 20K USD price tag differential  compared to their next best option of a 90 kWh power plant, so buyers will essentially be paying way too much for the priviledge of that 10 kWh incremental improvenent regardless of the actual cost of the battery pack, with little or no improvement in the actual technolgy behind it and no additional assurances with regards to it's safety.

https://www.cnbc.com/2016/08/24/teslas-improved-battery-is-incremental-for-sales-says-kelley-blue-blook-editor.html


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