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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

Bullboard Posts
Comment by disgruntled1on Mar 28, 2004 6:28am
138 Views
Post# 7277692

RE: Research in Motion comparison

RE: Research in Motion comparisonIts a long shot but who knows? RIM's last quarter rev was around $200M or so. If EFL gets traction over the next couple of quarters $20M quarterly rev. is not unreasonable. At the same multiple (around 12x rev) that puts EFL at about $12.00/share. Despite Rim's price, many believe that things are just beginning for them, especially in Europe and Asia. I think RIM will trade at $1000/share on a pre-split basis within 5 years. If EFL does 1/10 as well, I'm sure none of us would complain. RIM is recognized as world class leading tech., so EFL would also have to recognized as best-in-class for people to assign the same trading multiple. Does anyone know the capacity of EFL's Mississauga plant in terms of scribblers/batteries per month?
Bullboard Posts