One such holding is Electrovaya (EFL:TSX, www.electrovaya.com). We initiated our position in EFL during Q3 2020 and have been adding to our holding at opportune times.
Electrovaya is a pure play lithium-ion battery manufacturer that is a standout in the increasingly crowded and highly promoted cleantech sector. We have seen a wave of green economy investments come across our desks and all too often these companies are defined by lofty promises, questionable economic propositions, unproven technology, no clear competitive advantage, and frankly, limited probability of success as investment flows into the sector moderate and investors become more discerning.
https://torrentcapital.ca/charged-up-about-electrovaya/