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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 Stockholder2008on Feb 02, 2017 6:28pm
298 Views
Post# 25792309

RE:Nice Day

RE:Nice Day
ricardo444 wrote: Great day fellow longs. I'v been doing a lot of reading about this energy storge phenomenon. This is getting real exciting. I remember Sankar talking about this opportunity years ago. I bought based on mobility prospects. But this storage thing is going to be enormous. Thats my belief now after reading about it. The project Tesla did in California was estimated to be a 45 million dollar project. And Tesla wants to build more gigafactories. Do you think Electrovaya will have some business? Oh I think so! Believe fellas. We have an enormous amount of assets ie: factories, technology, seperator and personell. And the most amazing thing is very small debt level. This Sankar is one smart guy. Do this Sankar!

Litarion also has it's second factory on the drawing board.  Electrovaya has MOUs with two companies that have funding from the German government and plans are in developement for a serial production facility.  I take that to mean from electrodes & separator to cell and from cell to module and to battery packs.  So next year ought to be interesting also.  All of this is in addition to what they have going in Taiwan which is also expanding.  Hold on longs !
Bullboard Posts