Electrovaya Raises its Annual Forecast and Expects Record Revenue in the Fourth Quarter!

Electrovaya is now worth a look. With a market capitalization of only $266 million, it is still a small Canadian developer of battery systems, previously known as Electrofuel. The patented ceramic separator technology for its lithium-ion batteries offers two advantages: the batteries, used in data centers and warehouses, are particularly safe and durable. The company is currently developing batteries for new markets, including warehouse robots. The company has been unprofitable for a long time. But a turnaround seems to have occurred now. The...