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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 Xiiillpon Feb 01, 2018 10:38pm
113 Views
Post# 27486079

RE:122 Workers paid for all 2017, only worked 14 days HORRIFIC

RE:122 Workers paid for all 2017, only worked 14 days HORRIFIC"While current circumstances on the ground in Germany dictated Litarion enter into this process, Electrovaya believes that it ultimately no longer needs its own contract manufacturing facilities and, given alternate supply arrangements is in place, the Company expects that the proceedings will not impact the Company’s ability to continue to fulfil current and future customer orders for its customized cells, custom modules, and battery systems.”

Can we just get this litarion thing behind us, and build our selves into some kind of quasi lithium battery distributer that indeed has a full service package with the bms.   But what i just dont understand is if they are not in the buisness of manufacturing lithium batteries, and when they contract out, how do they ensure the quality is to electrovay standard(hahah ), it appears as if this "out sourcing" is possibly in guptas plan, and since as ive stated before their is room for many differnet kinds of lithium battery companies. . he must also have alot of expereince dealing with his competioters, and now having some insight into europes modes and models, maybe he can take the litarion experience, and direct electrovaya into more of a distriputer and middle man per say. now given obvioulsy you need tremndous marketing abilites like musk  pettaling panasonic batteries, but what maybe gupta lacks in marketing, cross my fingers he can make up with just being so dam deep involved in such an important industry.....maybe we can get some news to here the planned direction....because going down is out of the question.....haha
Bullboard Posts