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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 Dacomon May 12, 2017 4:09pm
206 Views
Post# 26239024

Hiring the kids

Hiring the kidsBy the way, I long suspected that Dr. Gupta had made a mistake in hiring his kids into critical executive positions. Watching the video confirmed those suspicions. Nice, smart kids, but not experienced enough to do the job. Not only does that lead to poor sales strategy, planning and execution, but also, inevitably leads to poor revenue forecasting and inappropriate guidance to the investment community. They might even be "green" enough not to be able differentiate between real, solid sales prospects and those people who are simply engaging Electrovaya to assess the competitive landscape. 
Bullboard Posts