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Bullboard - Stock Discussion Forum
Electrovaya Inc
T.ELVA
Alternate Symbol(s):
ELVA
Industrials
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.
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TSX:ELVA - Post Discussion
Electrovaya Inc
> $100 millions capital raise
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SafSaf
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Post by
SafSaf
on Sep 12, 2021 11:04am
$100 millions capital raise
When can we expect news on why and when ?
(41)
•••
Stockholder2008
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Comment by
Stockholder2008
on Sep 12, 2021 1:10pm
That is a really good question. I don't know the exact timing, but several things have to happen. It could happen in one of two ways. 1. There could be a new product announcement (New cell maybe) followed by a solid state battery. Then an announcement of a joint venture partner for a new cell plant. Then they would execute on the $100mil shelf. Or 2. There
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