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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 > Serious income
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Post by MaterialsMan on Apr 22, 2023 5:20pm

Serious income

The major EV manufacturers seem to be having a lot of  problems with recalls and fires. Ford, for example has told tens of thousands of their customers not to park in their garage, plus they have to recall those vehicles. It would seem to  me that Ford and others would be willing to pay substantial sums to mitigate this threat. I believe they could purchase rights to EFL technology as a remedy. If this is feasable, and if EFL charged enough to make it worth their while, it would result in a big boost to their current efforts. Not sure if this is even feasible. Additionally, new EV owners seem to be used as guinea pigs to help get the kinks out. Electrovaya does very extensive testing thereby elimenating potential problems. Their infinity battery technology would also help the EV people with battery life issues.
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