Electrovaya Inc T.ELVA

Buzz on the Bullboards: Stocks to watch in volatile times.

[Jonathon Brown]

The TSX hit another record high on strong retail sales data and positive investor sentiment. However, the index quickly fell from grace. read article.

[PressRelease]

Unaudited FY2024 Revenue Estimate of approximately $45 million with a Gross Margin of 31%Expects FY 2024 Year Operating Profit and Improved Adjusted EBITDAExpects FY2025 Revenues to Exceed $60 million Driven by Renewed Demand from the Company's Largest End UsersUS EXIM Bank's recently approved...read article.

[Stockholder2008]

Amazon,   AWS  an existing customer of Electrovaya is set to build 60 Data Centers over the next 6 years World wide.  That represents 10 Data centers per year.  Jamestown is

[Stockholder2008]

Toyota an existing customer of Electrovaya is adding another building to their Columbes Indiana campus.  This expansion is dedicated to electric vehicle production, Forklifts and other EVs. 

[Stockholder2008]

In the last several months we have seen Electrovaya announce two new customers representing two new vertical income streams.  The first was Inovative Rail Technologies announced 30 Sept 24. 

[Stockholder2008]

The important thing to me is this is a new vertical stream of income for Electrovaya. https://electrovaya.com/press/electrovaya-receives-follow-on-orders-for-high-voltage-battery-systems-from-global

[Stockholder2008]

50 million dollars to construct is CHEAP, cheap.  Just a small battery plant costs 250 mil to construct.  Not only does Electrovaya have a building but their cell assembly process is

[Stockholder2008]

One year construction time for a battery plant is Fast.  Normally it takes two years minimum.  Electrovaya has a jump on the process by having a building already up.  PPlus they have

[opsd1]

The Export-Import Bank of the United States (EXIM) Approves a direct loan in the amount of $50.8 million to fund Electrovaya's Jamestown Lithium-Ion Battery Expansion https://stockhouse.com/news

[MaterialsMan]

I guess. But I wonder why it will take over a year to get up and running.

[PressRelease]

C$2 million in funding to support investments in Electrovaya's Canadian facility for automation and capacity enhancementsTORONTO, ON / ACCESSWIRE / October 17, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA.TO), a lithium ion battery technology and manufacturing...read article.

[MaterialsMan]

There's also a large spread. I wonder if something is up.

[MaterialsMan]

Stellantis is recalling a hundred and fifty thousand jeep hybrids because of fires. The owners are being requested to park away from buildings until the problem is fixed. Samsung made the batteries

[Stockholder2008]

A big thanks to hogey for finding this. ACWA Power, Sumitomo to develop Uzbekistan’s largest renewable energy projects The ambitious initiative comprises the Samarkand and Kungrad projects, which

[Stockholder2008]

It is good to see Electrovaya start to announce it's new customers.  This is a new vertical and will help diversify the customers a bit. This is the start of fiscal 2025 for Electrovaya. 

[Stockholder2008]

Today's stock price bump is what we will be seeing for the next couple of weeks.  There is anticipation of a stock offering to get Jamestown moving.  Jamestown needs to start moving as