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Message: Re: More Jobs

Jun 07, 2022 05:31PM

Raj said in his interview that all Electrovaya needed was a little more volume (production & sales) and they would be cash flow positive.  It appears they are working on that 25Mil backorder.  They are hiring production workers now so the raw materials must already be in the pipe line.  Any production expansion above what they can handle in Mississaugua will not come until 2024.  That expansion is expected to be in the US where the customers are.  In the mean time I believe they will build out their pilot production to be able to demonstrate the technonogy they have developed (are developing).  They said they will be able to use the small amount of extra production.


Jun 12, 2022 07:38AM
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