Electrovaya (TSE:ELVA) has released an update.
Electrovaya Inc., a leader in lithium-ion battery technology, has announced significant advancements in its solid-state battery development, including a new lithium ion conducting ceramic with impressive performance and an improved in-house ceramic separator. These developments are paving the way for the company to begin prototype shipments to a major automaker within the year, signaling a potential game-changer in the electric vehicle battery market.
For further insights into TSE:ELVA stock, check out TipRanks’ Stock Analysis page.