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Message: Re: Amita Technologies
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Oct 14, 2016 10:42AM

Is Electrovaya partnering with Amita for the new production lines?http://www.microsofttranslator.com/BV.aspx?ref=IE8Activity&a=http%3A%2F%2Fwww.winner-tw.com%2FSQLPage%2FNewsInto.asp%3FNews_id%3D176986%26action%3Dassign%26CompanyName%3D%25e6%259c%2589%25e9%2587%258f%25e7%25a7%2591%25e6%258a%2580This article is about Amita as we can see their taiwan stock number and executive in the article.http://www.bloomberg.com/research/stocks/people/person.asp?personId=224572290&capId=43247045&previousCapId=43247045&previousTitle=AMITA%20TECHNOLOGIES%20INCand the stock number http://www.bloomberg.com/quote/5233:TT They talk about new lines and cycle life of 10,000, famous business signed large lithium ion battery contracts and "the intelligent production line of large-capacity lithium-ion battery core addition in response to German firm orders for energy storage". They also talk about German partners including MEET.http://www.microsofttranslator.com/BV.aspx?ref=IE8Activity&a=http%3A%2F%2Fwww.winner-tw.com%2FSQLPage%2FNewsInto.asp%3FNews_id%3D173718%26action%3Dassign%26CompanyName%3D%E6%9C%89%E9%87%8F%E7%A7%91%E6%8A%80

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I am having a hard time understanding these articles. I understand Amita is manufacturing a completely automated process line Capacity of 30Million Wh per month. What I don't understand is where it will be installed. If it is to be installed in Taiwan then most likely Amita is in shut down converting to the new process line. Time to production is the first of the year. Then they will continue tolling.

In this case they would not want to be receiving electrodes or separator material from Litarion thus a production halt in Germany.

If the process is to be installed in Germany, then they would need two to three months down time to install. Either way it appears to me this is a construction shutdown. Electrovaya just never tells you anything until after the fact. It seems they have had experience with shorts before.

Anyway just my 2 cents.


Oct 22, 2016 09:10AM
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