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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

Comment by MaterialsManon May 05, 2023 11:22am
485 Views
Post# 35433003

RE:Hard to believe

RE:Hard to believeWell, it opened down. I cannot quite understand what investors want to see besides strong growth, profitability, the highest quality product in their market, and strong partnerships that they have begun to name. 
Perhaps the fact that they plan to to do a reverse split in order to qualify for a NASDAQ listing is putting a damper on the price. Many investors have an aversion to dilution and reverse splits. To my thinking, a NASDAQ listing is a major step in the right direction. 
How many battery manufacturers can boast that their battery is not only the safest, but the longest life battery available. In all probability the infinity battery will outlast the equipment it powers.
I do not plan to give up because of the lack of interest by investors. I suspect that many do not even know the story. I do plan to load up.



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