News for EFL
Alert Sent 2021-03-17 07:55:10 AM ET
Delivery preference: Immediate delivery
Electrovaya Launches Electric Bus Battery
2021-03-17 07:54:53 AM ET (MT Newswires)
07:54 AM EDT, 03/17/2021 (MT Newswires) -- Electrovaya (EFL.TO), which lost 2.9% yesterday, on Wednesday said it launched its electric bus lithium ion battery systems as it delivered a 700V, 300kWh battery.
COO Raj Das Gupta said: "Electrovaya has spent considerable time and effort to develop a solution that meets the demanding application requirements of electric buses. Our technology has a unique blend of cycle life, safety, energy, and power performance that are ideal for this application.
"We expect to replicate the success Electrovaya has achieved in the materials handling industry, in this emerging electric bus sector."
In a statement the company said that the launch marks Electrovaya's entry into "the rapidly growing electric bus market."
Price: 2.0000, Change: -0.0600, Percent Change: -2.91
K=Thousands, M=Millions, B=Billions, TTM=Trailing 12 Month, MRQ=Most Recent Quarter, FYR=Fiscal Year End, NM=Not Meaningful, NA=Not Available
GAAP = Generally Accepted Accounting Principles used in Financial Statements issued by the company, Non-GAAP = Adjusted Operating Earnings or Revenue used in comparison to Analyst Estimates.Adjustments are typically one-time gains or losses.
© 2021 The Toronto-Dominion Bank. All rights reserved.
Quotes, News, and Fundamentals provided by View Restrictions
News provided by
To change your settings or to unsubscribe from the alert service, please login to Webbroker.