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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 Jul 01, 2004 1:59pm
140 Views
Post# 7667780

RE: So Sorry GI1929

RE: So Sorry GI1929As I understand it a ZEV is completely maintenance free - its basically a battery and an electic motor, so the only maintenance required is brakes, tires etc. Toyota was selling a ZEV version of the RAV4 with a 50kw battery (same as EFL's). Although the cost is high there are government rebates (in california) which offsets the cost. Since were lucky enough to have the Liberals back in power again (being fecious) the Canadian government would likely have rebates as well. I took the following excerpt from an article on the ZEV RAV4- The RAV4-EV is powered by a maintenance-free, permanent magnet motor, producing 50kW of power (equivalent to a 67-horsepower gasoline engine). It has a top speed of 125 km/h (78 mph) and a range of 128 km (80 miles) to 162 kilometres (100 miles) per charges. In the U.S., the RAV4-EV has a manufacturers suggested retail price of U.S.$42,000 (CAN$68,000) but a U.S.$9,000 (CAN$14,500) incentive from CARB and a U.S.$3,000 (CAN$4,800) IRS credit brings the price down to U.S.$30,000 (CAN$48,600) which includes an in-home charging device.
Bullboard Posts