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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

Post by challenger426on Oct 07, 2020 1:44pm
256 Views
Post# 31680830

Staying above a buck

Staying above a buck
Nice to see EFL make such a comeback.  I was thinking of selling it since it did nothing for the last few years until recently.  Now it tested, broke through, and lots of bids providing support above a buck.
Glad I held on for the ride and think I will continue to hold on as EV and batteries are going to stay in the news for years to come.

The recent revenue growth announcement is great but would like to see the bottom line.  At least, EFL has some momentum going for it right now.
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