Electrovaya Inc (ELVA)

[Televet]

Earnings call transcript...

https://seekingalpha.com/article/4510068-electrovaya-inc-eflvf-ceo-sankar-das-gupta-on-q2-2022-results-earnings-call-transcript?mailingid=27675884&messageid=2800&serial=27675884.252&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=27675884.252

This solid state effort sounds very promising.


"For this market, Electrovaya's strategy is to successfully enter through a technology leap. Specifically, Electrovaya is working on a solid-state battery which could become a disruptive technology in this sector. Our efforts are progressing well and quickly. We are filing key patents and building up our IP base. We are making hundreds of coin cells and now have scaled up to larger single layer and multilayer power cells.

We are seeing excellent cycle life and performance and the cycle life trend is anticipating exceeding the needs for the electric passenger market, which targets about 800 cycles or more with 80% energy capacity retention. We anticipate exceeding that target.

Our power cell cycling takes place without the need of pressurization, which is quite significant. Finally, we have started designing the production process for the Electrovaya solid-state battery technology."