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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 19, 2018 12:40pm
70 Views
Post# 27583301

RE:Litarion future brighter without Sankar amateurship

RE:Litarion future brighter without Sankar amateurshipSankar said it himself, the margins in the seperator buisness are very slim. Electrovaya produces battery systems, not ceramic seperators.  According to this article, Sankar does not want to use litarion product, however, he said for himself in the conference call, that they can and will use litarion products in the future if it makes sense.  The cermaic seperator industry is still young, and Litarion needed an incredible amount of capital, which electrovaya just had no way to provide.  In retrospect i beleive Sankar was probably lured into the Kamez fiasco,  and all though it seemed good at the time,  the complicated situation in Kamez made it a failure.   Again with Sankars indepth expereince base around the lithium battery market, and with his growing buisness sense, he could  still yet prove his goal and dream.
Bullboard Posts