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Bullboard - Stock Discussion Forum 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... see more

TSX:ELVA - Post Discussion

Electrovaya Inc > On the question of needing another production plant
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Post by fasteready on Feb 06, 2021 2:17am

On the question of needing another production plant

Here's a quote from the May 19, 2020 conference call.

"I don't think we'll need to double the shift to go to $50 million. When we are hitting the $100 million, we'll probably need to have a second shift."
Comment by onlygame on Feb 06, 2021 8:22am
And where are the announcements of orders to supply the backlog. To get to $50mil, ... $100mil. Approaching 7 months with NO news. Very unusual. All sales cannot go through Raymond. EFL will just become an employee. They used to update Raymond sales along the way. Now, just silence.
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