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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 Xiiillpon Feb 13, 2018 10:57am
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Post# 27550523

RE:RE:RE:Site say EFL has 74% Probability of Bankruptcy

RE:RE:RE:Site say EFL has 74% Probability of BankruptcyYes i know, and they are close to 52 week low, they have been loosing money for many years and basically just borrow millions and millions of dollars from private family linked investors to keep their head above water. They have sourced before, but all and all i dont think they have yet been profitable, and if it wasnt for the amount of millionaire family memebers maybe they would have failed......    
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