Electrovaya Inc T.ELVA

Something to be said

[MaterialsMan]

On behalf of fireproof batteries.
Nikola has had to recall all of its trucks due to battery fires.
Perhaps EFLVA could provide a solution unless this drives Nikola into bankrupcy.

[Stockholder2008]

Yes,  Electrovaya's batteries cost more and automotive OEM's try to maintain a competative price.  Not only is the infinity cell fire resistant it has exceptional cycle life.  The battery is too good as it would outlast the vehicle.  Nikola found out first hand what cheap batteries will do for you............. Now the solid state battery cell coming along is cheaper

[MaterialsMan]

Based on last nights conference call, I believe it was implied that there is no interest in pursuing the auto EV battery market. No margins, too competative. It was music to my ears that very little of the budget is being devoted to sales and marketing.  Simple reason being, OEMs from the targeted market are knocking on the door. Supposedly, the word is out within the industry that ELVA has a

[Stockholder2008]

You are correct.  The automotive industry is not in play as it concerns the Infinity cell: however,  the solid state cell being developed is another matter.  It is specifically designed to pick up automotive customers.  Fire safety plus low cost and about 1000 charge cycles.  Just what the automotive customer uses.  This company has a great future!