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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

Post by MaterialsManon Jul 06, 2023 7:53pm
222 Views
Post# 35530119

Cargo ship fire

Cargo ship fireIt is beginning to look as if the huge cargo ships loaded with EV's may be a set up for world class environmental disasters.
The out of control fire in Port Newark is the latest example.
There was another one in the news a little while back near Portugal.
EV's involved in regular accidents are presenting nightmarish situations for local fire departments.
There is probably no doubt whatsoever that EV's are here to stay. 
Maybe countries will have to ban imports in order to avoid the big problems. 
It might be a good thing that Electrovaya has its niche.
Not that pareing up with an EV mfg would be a bad thing.
Never heard a word on TV about today's activity on the NASDAQ, but everybody on the podium looked pretty happy when ELVA personel rang the closing bell.
Over a million shares traded. One and a half counting Canada.
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