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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 Apr 30, 2024 9:48am
49 Views
Post# 36014520

RE:RE:Could this be it?

RE:RE:Could this be it?Just one day after the Electrovaya Sumitomo"s  contract we see this:

Today, Gogoro announced signing an MOU to form a new partnership with Japanese giants Sumitomo Corporation and Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) to accelerate Gogoro’s global business expansion. The agreement is set to provide Sumitomo and SMFL access to Gogoro’s Smart Batteries and battery-swapping system to allow the companies to expand their mobility business and second-life battery use cases.
It’s hard to overstate Sumitomo’s magnitude, owning over 900 subsidiary companies with 80,000 employees. With a reach across broad industries including automotive, transportation & construction systems, and diverse urban development, Sumitomo is poised to help drastically expand the use of Gogoro’s swappable battery standard.
AND there will be several more.  Thanks hogey from Agoracom for the link.
https://electrek.co/2024/04/29/gogoro-announces-major-partnership-to-help-accelerate-global-expansion/



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