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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 GerritEtmanson May 04, 2018 12:31pm
41 Views
Post# 27983390

RE:Add 8000 shares

RE:Add 8000 sharesI wish you luck - no, really: I do! - but you need it, because EFL is usually selling their wares with zero margin or negative margins, in the hope that follow-on contracts create economies of scale.  They never succeeded with that, not even with the fake "Superpolymer" cells that reallly were EIG cells.  The cells are at a uniform world market price (that's a commodity now).  If they want to make money, their packaging and BMS would have to be better than the competition.  So: the focus changed from electrochemistry to packaging.  For this reason, I suspect that they will continue to write losses.

But good luck nevertheless!  At least you are not a willfully blind pumper who ignores all facts.
Bullboard Posts