Electrovaya Inc T.ELVA

Alternate Symbol(s): ELVA

Industrials

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

Electrovaya Inc

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Post by MaterialsManon Jul 09, 2023 10:32pm

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Post# 35533061

CM

ELVA seems to have now been relegated to the NASDAQ CM (Capital Market) tier.
I guess the web sites that give up to date info had a little trouble figuring that out.
Basically means that a higher market cap will help to move it up to the next tier.
I think a 15mm MC is the next step up.

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