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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 Stockholder2008on Sep 27, 2024 7:30pm
156 Views
Post# 36244917

RE:RE:Electrovaya Receives Initial Purchase Orders

RE:RE:Electrovaya Receives Initial Purchase OrdersToday's stock price bump is what we will be seeing for the next couple of weeks.  There is anticipation of a stock offering to get Jamestown moving.  Jamestown needs to start moving as Qtr 1, 2025 is right around the corner.  Electrovaya said they would start deliveries of the LFP cell Q1, 2025.  If that is the case then UL certification should be announced soon.  Along with Jamestown funding and UL certification  will come an ESS customer announcement.  Now all the other business mentioned in the above post is good but small stuff compared to the ESS business coming.  The first system ordered is a baby system, 15KW-60KWH which is small compared to the 100MW systems to follow in 2026 & 2027.

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