COMTEX - Updated just now ACCESSWIRE Revenue Increases by 47%; Purchase Orders Increases to Over $25 Million
TORONTO, ON / ACCESSWIRE / May 10, 2022 /Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, today reported its financial results for the fiscal second quarter ended March 31, 2022 ("Q2 FY2022"). All dollar amounts are in U.S. dollars unless otherwise noted.
w
They have a bad habit of assuming users/readers are experts in chemistry or battery. "Electrovaya has achieved scaling to single, two-layer and four-layer pouch cells." It would be better to explain in short sentences about the use of those single, 2-layer, and 4-layer pouch cells.
Why did they spend time to do so? If they're required to produce different battery models, then say so to inform investors that they're working on building new fleet of SSB.
"Electrovaya Inc., announced that its e-forklift batteries demonstrated negligible degradation after four years in a Fortune 100 company’s distribution centre.
The batteries had a degradation of approximately one per cent in heavy-duty usage at the distribution centre."
supply zone at 0.70, previous resistance trendline now should be acting as support with 200MA as support as well along with the previous tested support on weekly chart. at 0.7c. next 2 weeks candles should rebound immensely. And beginning of uptrend should start.
@shorty: how many shares do you still have in hands to be covered?
I guess, EFL will release its findings for coin solid state cell by end of May 2022. Based on latest news, its coin cell result would pass required standard for solid state at 800 life cycles. Its price is likely competitive. If not, they would have to figure how to make it happen to survive.
The initial data showed that they could scale it to a pouch cell with similar test results.
Getting closer to end of May 2022, shareholders would expect higher share prices. Today, perhaps $1.20 - next week perhaps $1.30 - and guess the share price when result is out?
J
Highway robbery
G
May 1st is coming up and shorty needs 950,000 shares to cover but NOBODY is sellin. Check-mate shorty
C
This will not move the Stock. There is nothing new in the earning. There is enough money to pay themselves. I still want to know when are the shareholders going to get paid. This stock is dead until the next earning. In the 3Q the stock might get a bounce.
M
The solid state battery news is amazing. Great results and they’ve already scaled up to pouch cells.
w
Does anybody know about what battery retention means?
Assuming EFL Li-Ion battery is warranty for 200,000 miles in 10 years with 90% battery retention, but its lifetime could be for 1,000,000 miles. Let's say after 1,000,000 miles the battery retention is still 50%. What can we do with the battery? Can it still be used?
C
Well boys and girls what are we to tell our parents, we lost our life saving. Who is going to give it back to us. I am accepting donations.
C
Maybe they can halt for announcing earnings to stop the free fall. Hahaha
COMTEX - Updated just now
ACCESSWIRE
Revenue Increases by 47%; Purchase Orders Increases to Over $25 Million
TORONTO, ON / ACCESSWIRE / May 10, 2022 /Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, today reported its financial results for the fiscal second quarter ended March 31, 2022 ("Q2 FY2022"). All dollar amounts are in U.S. dollars unless otherwise noted.
Why did they spend time to do so? If they're required to produce different battery models, then say so to inform investors that they're working on building new fleet of SSB.
http://ca.reuters.com/article/idCAKCN2LW1WD?utm_source=34553&utm_medium=partner
The batteries had a degradation of approximately one per cent in heavy-duty usage at the distribution centre."
https://www.plant.ca/cleantech-canada/cleantech-news/electrovaya-releases-forklift-battery-performance-data-235520/
http://stocktwits.com/Tpy/message/454447178
I guess, EFL will release its findings for coin solid state cell by end of May 2022. Based on latest news, its coin cell result would pass required standard for solid state at 800 life cycles. Its price is likely competitive. If not, they would have to figure how to make it happen to survive.
The initial data showed that they could scale it to a pouch cell with similar test results.
Getting closer to end of May 2022, shareholders would expect higher share prices. Today, perhaps $1.20 - next week perhaps $1.30 - and guess the share price when result is out?
Stock. There is nothing new in the earning. There is enough money to pay themselves. I still want to know when are the shareholders going to get paid. This stock is dead until the next earning. In the 3Q the stock might get a bounce.
Assuming EFL Li-Ion battery is warranty for 200,000 miles in 10 years with 90% battery retention, but its lifetime could be for 1,000,000 miles. Let's say after 1,000,000 miles the battery retention is still 50%. What can we do with the battery? Can it still be used?