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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 MaterialsManon Apr 30, 2024 11:03pm
77 Views
Post# 36016463

RE:RE:RE:RE:Could this be it?

RE:RE:RE:RE:Could this be it?I wasn't familiar with battery swapping applications, even though I do it all the time with my assortment of ego lawn care appliances.
It seems particularly suitable for forklift applications.  Beats sideliniing a forklift while it recharges.
Apparently Tesla tried to intro the concept for its EV's but dropped the idea for lack of interest. They had even built a network of swapping stations.
Do you know whether Electrovaya batteries can be used in this capacity to operate equipement that did not come with Electovaya product as part of the original equipement.
Any brand of lead acid can be swapped. But I know that, at least with the tools I use, swapping with other brands of LI bateries  is highly discouraged.
I doubt there is universal compatibility. If there is, then it sounds like a good opportunity for increased sales.
I have a lot to learn about the technical aspects of the LI battery industry.
My research has show however that storage is the huge opportunity. The grid, at least in the states is overwhelmed. Battery storage helps to alleviate the problem. Big business, big opportunity.
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