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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
Post by Stockholder2008on Mar 03, 2017 2:26pm
253 Views
Post# 25928650

Japan

JapanThe recent article in Plant.ca also stated they are looking at acquisitions in Japan.  I know Amita is shipping to Japan.  I assumed it was Toyota Equipment using the fork lift battery.  Amita is also shipping into main land China.  If there is enough volume there to do an acquisition, then now we are just seeing the tip of the iceburg.  In any case the acquisition will not happen until after the German giga factory is announced and Electrovaya has an equity issue to get financing.  They will use the financing to do both.  It must be a large deal as Sankar will loose his majority share holder position.  Someone or some company(group) it appears to be ready to buy in then as Sankar has also listed some of his shares for sale.  I think 2017 is the make or break year for Electrovaya
Bullboard Posts