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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 Jun 14, 2023 8:59am
231 Views
Post# 35495545

RE:All of a sudden

RE:All of a sudden
You Know,  that Toyota has been building a battery plant in North Carolina for over a year now.  The thing is, they have never said who's battery cell thet were going to produce.  They certainly do not have one of their own.  Battery plants have a lot of infrastructure in commom so it is possible to start construction without having the final cell decided on.  Toyota already knowns what the Electrovaya cell production process will be because Bastain Solutions is doing the automation for the pilot production line now under construction in Mississaugua.
You know Toyota has had the Electrovaya SS cell to test for a while.  They probably even have a prototype battery pack.


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