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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 Stockholder2008on May 13, 2023 12:29pm
147 Views
Post# 35446955

RE:RE:RE:RE:Hard to believe

RE:RE:RE:RE:Hard to believe
Reading in "Bational Defense" 
https://www.nationaldefensemagazine.org/articles/2023/2/15/just-in-new-report-aims-to-strengthen-us-lithium-battery-supply-chain
about the lithium battery supply chain.  I think that is the same supply chain Electrovaya is always talking about.
Lithium batteries are predicted to be one of the key technologies of the 21st century, powering everything from electric vehicles to military systems, power grids and industrial electronics.
“The U.S. military today does not have direct, domestic access to the most advanced lithium batters and chemistries to power its troops, vehicles, bases and weapons systems. Foreign countries, including some that are potential adversaries, also control the upstream and midstream, supply chain for those batteries,” the report read.
The Department of Energy organized Li-Bridge, which is managed by Argonne National Laboratory in Illinois. It is spearheaded by three industry trade groups: NAATBatt International, the New York Battery and Energy Storage Technology Consortium, and New Energy Nexus.
Investment needs to be more attractive, it said. Investment incentives are needed to favor localization of production facilities, the report added. State and local government needs to streamline and standardize permitting processes to accelerate critical projects and develop shovel-ready industrial zones for energy materials and battery cell production.
Electrovaya shue could use some of this investment!!!!
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