Hi guys. I’ve heard a lot about the coming lithium ion battery boom. Canadian company Electrovaya (EFL) says it has up to 400 patents on its battery, which it claims is superior to Tesla’s battery and others. Please give me your analysis on Electrovaya as an investment. Thank you.

A: Electrovaya Inc., $3.06, symbol EFL on Toronto (Shares outstanding: 85.5 million; Market cap: $256.4 million; www.electrovaya.com), has developed “SuperPolymer” lithium-ion battery technology. The company believes that these thin, lightweight batteries carry more energy than other rechargeable batteries of the same… Read More

Hello Mr. McKeough: Thank you for all the reports, newsletters etc. They are a great source of knowledge. Recently there has been interest in Electrovaya Inc., which has signed an agreement to provide batteries to Chrysler. What is your opinion on this stock? Regards.

Electrovaya Inc., $2.47, symbol EFL on Toronto (Shares outstanding: 70.9 million; Market cap: $175.2 million; www.electrovaya.com), has developed a “SuperPolymer” lithium-ion battery technology. The company believes that its super thin, lightweight batteries have a higher energy density than competing rechargeable batteries.

The company began operating in… Read More