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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
> Negative Nellies
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UnknownUser
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Post by
UnknownUser
on Jan 18, 2022 11:25am
Negative Nellies
For a company with so many upsides you guys are really letting shorts persuade you into believing its not doing well.
(2)
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dmacd
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Comment by
dmacd
on Jan 19, 2022 11:42am
I doubled my position so take that nervous nellies. EFL has been better at stating they wil do something and then they do it. They learned their lesson from years before when it was ahead of its time. I believe they will achieve the $27M revenue this year. If so then $120M market cap will start to look cheap. I would expect revenue in 2023 to potentially be $40 to 50M but that is my own projection
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