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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 14, 2023 9:07am
242 Views
Post# 35540869

The big picture

The big pictureBeing a little nervous about the significant increase in SP in regards to the possibility of retracement, thought I would look for info supporting the long term outlook.
There are some recent videos out there that are providing insight into what is on the docket.
Wish I was an IT wizz, and could provide access for everyone, but that stuff is above my pay grade.
Suffice to say that the important takes from my perspective involve the big picture.
Jamestown has been the question mark in my mind.
From what I could gather, the EV business is not of that much interest. Too much competition with associated low margins. 
The biggest focus is on two segments with very significant growth prospects.
Electric buses and energy storage are where it is at.
Material handling equipement will continue to be the cash cow.
I remain satisfied in the long term prospects, and intend to stay long.
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