On Friday 3/17/2023

Electrovaya: Coverage was inititated @ Craig-Hallum with a Buy rating and a $3 price target.

They said the company, "made a critical pivot" in 2017 away from focusing on the Automotive Sector and has since proven its proprietary battery technology with an increasingly diverse customer base.

C-H sees Electrovaya as "being on the cusp of going from an 'under-the-radar' electrification company to a well-known and meaningful player in the move to electrify broad mobility and other applications"