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Electrovaya Inc T.ELVA

Alternate Symbol(s):  ELVA

Technology Electronic Components
Electrovaya Inc. is a Canada-based lithium-ion battery technology and manufacturing company. The Company designs, develops and manufactures proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications. The Company is focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. Its technology includes infinity battery technology and solid state battery technology. The Company’s product portfolio includes cell technology, infinity battery systems, low voltage, and high voltage. Its infinity battery system-high voltage applications include E-buses, E-trucks, Mining Vehicles, and Defense. The Company has two operating sites in Canada and a 52-acre site with a 135,000 square foot manufacturing facility in Jamestown, New York state for its planned gigafactory.


TSX:ELVA - Post by User

Electrovaya Inc
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Post by SafSafon Feb 10, 2022 5:27pm
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Post# 34418310

Flux Power 4Q CY21

Flux Power 4Q CY21https://ir.fluxpower.com/news-events/press-releases/detail/137/flux-power-reports-fiscal-second-quarter-2022-financial

Electrovaya progress for sure but with Raymond deal, including customer like Home Depot with thousands stores and a leading e-commerce new customers (AMZN ?), we could expect numbers at least equivalent if not better, if business really ramp up forecast of $27m should be raise in coming months.

Second Quarter 2022 Revenue Increased 19% to $7.7 Million Representing 14th Consecutive Quarter of Year-Over-Year Revenue Growth

Received $19.8 Million in New Purchase Orders During Second Quarter with Customer Order Backlog at Record $31.4 Million

 
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