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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 May 20, 2004 5:32pm
137 Views
Post# 7513440

RE: short interest

RE: short interestObviously some people were in the know regarding the sales and shorted it which stinks. In any case, the long term success of the company depends on the technological advantage of the battery technology. Do they have it? Seems that way, but as with any tech. it changes rapidly. If they can leverage the technology in various sectors quickly the share price will soar, if not, it will be zero. As for mass production, you can't produce mass quantities if you have no buyers, so that is out. I do feel that Sankar has a 'build it and they will come attitude' which is somewhat arrogant. You have to be aggressive to be a success - hopefully they (EFL) management have seen the light now. Come on Sankar, push it a little ( a lot!). I'll be a great grandfather by the time the space station is ready. Push it now and worldwide!
Bullboard Posts