micro vs. macroWith all the problems with the ev batteries that LG supplied to GM for the Chevy Volt, it's unfortunate that Electrovaya was not in a position to take advantage.
We'd all be in fat city.
I hope that there aren't huge battery gigafactories all over North America before ELVA can produce at scale.
Management says that there is plenty of manufacturing capability to satisfy demand until Jamestown comes online.
The problem is if major customers come knocking at the door they get turned away.
Electrovaya has a tough task ahead to try and meet demand with minimal capital available to increase production capacity more quickly than we would all like.
I think it's that simple.
I hope the specialty business saves the day.