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TSX Cleantech Stock Electrovaya (TSX: EFL) Gains 30% in Morning Trading

Category: Investment, Cleantech, Renewable Energy

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News about Electrovaya

New York, NY - May 28, 2012 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for TSX cleantech stock, Electrovaya Inc. (TSX: EFL.TO), trading up at $0.72, up .17 or 30.91%.

The Company reported its second quarter results earlier in May.

Investorideas.com Newswire

About Electrovaya Inc.

Electrovaya Inc. (EFL.TO) designs, develops and manufactures proprietary Lithium Ion SuperPolymer® batteries, battery systems, and battery-related products for the clean electric transportation, Utility Scale Energy Storage and smart grid power, consumer and healthcare markets. The Company's mission is to accelerate clean transportation as a commercial reality with its advanced power system for all classes of zero-emission electric vehicles and plug-in hybrid electric vehicles. The Company's other mission is to deliver Utility Scale Energy Storage Systems for the highest efficiency in electricity storage, whether the electricity is generated from intermittent wind and solar power or from other sources. Founded in 1996 and headquartered in Ontario, Canada, Electrovaya has production facilities in Canada as well as in the US, and customers around the globe. To learn more about how Electrovaya is powering mobility, please explore www.electrovaya.com.

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