- This Microcap with high debts, and negative equity, has a supply contract with Raymond Toyota, a leading Materials Handling Company that could transform its fortunes.
- Raymond published a white paper implying that Batteries manufactured by Electrovaya are significantly better than those supplied by its major competitors, and has since ordered more than $15 million of batteries.
- Research into solid-state batteries has potential, but there are some unusual related party transactions in the accounts.
For further details see:
Electrovaya: Risks Abound But This Is An Opportunity Worth Taking