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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 > Here's PROOF Raymond uses other Lithium Forklift Batteries
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Comment by fastereadyon Jul 30, 2021 1:32am
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Post# 33630804

RE:Here's PROOF Raymond uses other Lithium Forklift Batteries

RE:Here's PROOF Raymond uses other Lithium Forklift BatteriesYes, but note that your article is from 2018. Raymond and Electrovaya strategic agreement is December 2020.

The good news for all of us is Flux has the same positive outlook as Electrovaya.  According to Flux, Lithium has reached only 1% penetration in $2.5 billion addressable market.

https://www.fluxpower.com/hubfs/investors/Flux-Power-Company-Presentation-May-2020.pdf

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