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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 Stockholder2008on Apr 03, 2017 6:38pm
206 Views
Post# 26070610

RE:$634 Thousand?!?! WE'RE RICH!!!! hahahahahahahahahaha

RE:$634 Thousand?!?! WE'RE RICH!!!! hahahahahahahahahaha
ShrimpTrump wrote: For all we know EFL is buying Midac batteries and reselling them to this Fortune 100 company at a discount since there no name, no photos, and this company is extremely desperate to hyperpromote their stinky stock!

This order is miniscule enough for EFL to hand-assemble a few batteries, although it may simply be for some custom work like they've announced as "an order" a jillion times!

Now varadero822 is bashing Hyster Yale because it's a lowly Fortune 1000 company, they get an order from a Fortune 100 company - shouldn't the size of the lie - er, uh, heh heh, I mean, heh heh, the order be $800 Million then?

What an horrific quarter this will be, if you think THIS will stem the tide!

Try Mondelez on for size.  This is just one distribution center.  If the roll out was one distribution center per quarter, HOW MANY years would it take them to complete roll out to all distribution centers?  So depending on the savings gained will probably determine the speed of the rollout.  Anyway,  I am happy the income is starting to trickle in.  Then the trickle will turn into a good flow.  

Bullboard Posts
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