Electrovaya Inc T.ELVA

Raymond Energy Storage

[Stockholder2008]

GREENE, N.Y., January 17, 2024 — The Raymond Corporation has finalized its deployment of a full-scale battery energy storage system, solar microgrid array and warehouse energy management system at its distribution warehouse in Greene, New York. The goal is to demonstrate continuous system benefits of lower energy costs, peak demand management and resiliency for warehouses.

https://www.raymondcorp.com/news/2024/raymond-implements-energy-storage-and-solar-energy-generating-system-at-distribution-warehouse

[Stockholder2008]

That in it's self is interesting.  Raymond has completed development of an energy storage system.  Toyota has announced an energy storage R&D center near Jamestown.  We see Raymond hiring.  Then we see a new Electrovaya Sedar filing updating the $100mil shelf offering.  Are they related ?   Is it a JV in the making or just money to get Jamestown rolling

[Stockholder2008]

Another thought.  Raj has been very active lately with the investment conferences.  It appears he is trying to drum up some business, so something is in the works.  What if the Solid State Cell was ready for a pilot plant.  Hopefully one with a little scale to it and automated???  That would explain the investment conference tour.  Then we see from  ELVA Linkedin