First Profitable Year Achieved with Record Revenue of $63.8M up 43% YoY; Adjusted EBITDA 1 of $8.8M, Up 115% YoY, and Net Profit of $3.3M ($0.09/share) Strengthened Balance Sheet Through Strong Operational Performance, Equity Issuances and Expanded Financial Flexibility via new $25M BMO and $51M EXIM Facilities New Product Launches in Robotics, GSE and Energy Storage; Jamestown Manufacturing Buildout Advancing; Commercial... Read More

TORONTO, ON / ACCESS Newswire / November 25, 2025 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its fourth quarter and fiscal year ending September 30, 2025, following the market close on Wednesday, December 10, 2025. This will be followed by a conference call and webcast at 5:00 p.m. EST on the same day, presented by... Read More

Updates regarding Continued EXIM Direct Loan Drawdowns, Insider Open Market Stock Purchases, Proceeds of Recent Equity Raise TORONTO, ONTARIO / ACCESS Newswire / November 19, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today provided a business update highlighting recent insider share purchases, continued progress on its... Read More

TORONTO, ON / ACCESS Newswire / November 12, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a lithium ion battery technology and manufacturing company, today announced that Electrovaya's CEO, Dr. Raj DasGupta, will be participating in the following upcoming conferences: Event: 15 th Annual Craig-Hallum Alpha Select Conference Date: November 18, 2025 Location: Sheraton NY Times Square Hotel,... Read More

TORONTO, ON / ACCESS Newswire / November 6, 2025 / Electrovaya Inc. (" Electrovaya " or the " Company ") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces the closing of its previously announced public offering (the " Offering ") of 4,700,000 common shares of the Company (" Common Shares ") at a price to the public of US$5.20 per Common Share. The underwriters elected to... Read More

TORONTO, ONTARIO / ACCESS Newswire / November 5, 2025 / Electrovaya Inc. (" Electrovaya " or the " Company ") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announced today the pricing of its previously announced public offering (the " Offering ") of 4,700,000 common shares of the Company (" Common Shares ") at a price to the public of US$5.20 per Common Share. The Company has... Read More

TORONTO, ON / ACCESS Newswire / November 4, 2025 / Electrovaya Inc. (" Electrovaya " or the " Company ") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that the Company is commencing an underwritten public offering (the " Offering ") of its common shares (the " Common Shares "). The Company expects to grant the underwriters a 30-day option to purchase up... Read More

TORONTO, ON / ACCESS Newswire / October 31, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced the establishment of a subsidiary in Japan. The new entity, Electrovaya Japan, will serve as a local platform to expand the Company's commercial activities and to support its growing customer base and strategic... Read More

Electrovaya's 3 year growth percentage of 383%, ranking 3rd in the Enterprise-Industry Leaders category that is limited to enterprise-level companies with a minimum of C$50 million in revenue TORONTO, ON / ACCESS Newswire / October 24, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is honored to be the Enterprise Industry... Read More

Preliminary unaudited results indicate record quarterly and annual revenue, beating internal guidance by over 5% and representing approximately 43% annual growth Deliveries in the quarter included core material handling battery system products in addition to initial deliveries of robotic battery products TORONTO, ON / ACCESS Newswire / October 6, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company")... Read More

TORONTO, ON / ACCESS Newswire / September 17, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a lithium-ion battery technology and manufacturing company, today announced that it has commenced drawdowns on its $50.8 million EXIM debt Facility ("Facility") which is tied to capital and engineering expenses at its Jamestown, NY facility. Further drawdowns are expected to occur regularly over... Read More

Energy Storage Systems will be based on Electrovaya's proven technology and includes cells, modules and packs manufactured in the USA, enabling strong ITC Incentives Initial systems offer over 2MWh of storage capacity in a 20' containerized format with leading cycle life and featuring Electrovaya's proprietary safety technologies New product will target a wide variety of energy storage applications with strong initial... Read More

Modules utilize a new 51Ah cell format both of which received UN38.8 certification Further demand for the new battery module expected in the Japanese market for other OEM opportunities with sales through Sumitomo Corporation Power and Mobility Further strengthens the Company's leadership position in the market for industrial and heavy-duty vehicles TORONTO, ON / ACCESS Newswire / September 3, 2025 / Electrovaya Inc.... Read More

Revenue increased 67% y/y to $17.1M with Positive Adjusted EBITDA 1 for Ninth Consecutive Quarter Adjusted EBITDA 1 increased 387% y/y to $2.9M or 17% of revenue Net Profit for the quarter of $0.9M and EPS of $0.02 Reaffirms Fiscal 2025 Revenue Guidance Exceeding $60M, Driven by Strong Order Pipeline TORONTO, ONTARIO / ACCESS Newswire / August 13, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company")... Read More

Multiple battery system products launched for airport ground support equipment platforms for a a major USA based OEM supplier Electrovaya to showcase its new products at the International GSE Expo being held in Las Vegas, NV through September 16-18, 2025 TORONTO, ONTARIO / ACCESS Newswire / July 29, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a lithium ion battery technology and... Read More

TORONTO, ONTARIO / ACCESS Newswire / July 28, 2025 / Electrovaya Inc. (Nasdaq:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its third quarter financial results ending June 30, 2025, following the market close on Wednesday, August 13, 2025. This will be followed by a conference call at 5:00 p.m. EST on the same day, presented by CEO, Dr. Raj... Read More

Multiple battery system products launched for new robotic vehicle platforms for three distinct OEM customers with applications ranging from material handling to surveillance systems Part of a major product development effort to target the rapidly growing robotics segment, leveraging the Company's technology advantages around battery safety and longevity TORONTO, ON / ACCESS Newswire / July 22, 2025 / Electrovaya Inc.... Read More

Additional order drives cumulative demand to over $20 million in fiscal 2025 from this global leading customer Continued demand expected for additional sites in the calendar year 2025 from this customer TORONTO, ON / ACCESS Newswire / July 15, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced the receipt of... Read More

Latest battery systems feature enhanced performance and include 54Ah ceramic cell to be mass produced in Jamestown, NY Passed the most stringent safety testing in the industry, including fire propagation testing Further strengthens the Company's leadership position in the market for industrial and heavy duty vehicles TORONTO, ON / ACCESS Newswire / July 10, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company")... Read More

Represents Electrovaya's foray into a new mission critical sector of heavy duty Class 8 trucks for the Australian and US markets TORONTO, ON / ACCESS Newswire / July 8, 2025 / Electrovaya Inc . ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that it has entered into a Commercial Supply Agreement with Janus Electric Holdings... Read More

TORONTO, ON / ACCESS Newswire / June 25, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced that Dr. Raj DasGupta, Electrovaya's CEO will be participating at the Roth 15th Annual-London Conference, held at the Four Seasons Park Lane in London, UK. The Company's participation underscores Electrovaya's ongoing... Read More

This purchase order is a follow on from other orders received during the fiscal year from the same end customer with a cumulative total over $16 million Further demands for additional sites expected later in the year TORONTO, ON / ACCESS Newswire / June 3, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced it... Read More

TORONTO, ONTARIO / ACCESS Newswire / May 27, 2025 / Electrovaya Inc. (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced that it will host an investor webcast presentation on June 3, 2025 at 2:00 PM EDT. During the webcast, Dr. Raj DasGupta., CEO and John Gibson, CFO, will conduct an introductory presentation that will cover key aspects of Electrovaya's business... Read More

Revenue increased 40% y/y to $15.0M with Positive Adjusted EBITDA 1 for Eighth Consecutive Quarter Adjusted EBITDA 1 of $2.0M or 13% of revenue Net Profit for the quarter of $0.8M and EPS of $0.02 Reaffirms Fiscal 2025 Revenue Guidance Exceeding $60M, Driven by Strong Order Pipeline TORONTO, ONTARIO / ACCESS Newswire / May 14, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (Nasdaq:ELVA)(TSX:ELVA), a leading... Read More

Key Milestone as part of Electrovaya's Manufacturing Investment in Jamestown, New York JAMESTOWN, NY / ACCESS Newswire / May 7, 2025 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it has commenced battery system assembly operations at its Jamestown, New York facility. These operations will continue to expand with growth in demand for... Read More

TORONTO, ON / ACCESS Newswire / April 30, 2025 / Electrovaya Inc. (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it has received the Make More in America Deal of the Year Award today at the Export-Import Bank of the United States' (EXIM) 2025 Annual Conference in recognition of the company's demonstrated commitment to onshoring critical lithium ion battery... Read More

TORONTO, ON / ACCESS Newswire / April 23, 2025 / Electrovaya Inc. (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its second quarter financial results ending March 31, 2025, following the market close on Wednesday, May 14, 2025. This will be followed by a conference call at 5:00 p.m. EST on the same day, presented by CEO, Dr. Raj DasGupta... Read More

Electrovaya's Latest Battery Modules and Battery Systems that will be Manufactured in the USA will be on display at the ACT EXPO from April 28-30th at the Anaheim Convention Center TORONTO, ON / ACCESS Newswire / April 22, 2025 / Electrovaya Inc. (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that that it will be exhibiting at the Advanced Clean Transportation ("ACT")... Read More

2012 Time Magazine: 100 most Influential People in the World TORONTO, ONTARIO / ACCESS Newswire / April 17, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announced the appointment of Prof. Donald R. Sadoway to the Company's Board of Directors. Donald R. Sadoway is Professor of Materials Chemistry Emeritus in the... Read More

Electrovaya's CEO to Discuss Strengthening Domestic Manufacturing at the Annual Conference of Export-Import Bank of the United States(EXIM) in Washington DC TORONTO, ONTARIO / ACCESS Newswire / April 16, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announced that its CEO, Dr. Raj DasGupta will be participating in a panel... Read More

This purchase order, valued at $8.7 million, is a follow on from a December $4.1 million order, represents the continuation of the customer's fleet conversion strategy with potential further sites planned later in the year TORONTO, ON / ACCESS Newswire / April 1, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today... Read More

TORONTO, ON / ACCESS Newswire / March 31, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a lithium-ion battery technology and manufacturing company, is pleased to announce that all of the resolutions that shareholders were asked to consider at its 2024 Annual General Meeting held on March 28 th , 2025 in Toronto, Ontario, were approved. The six directors named in the management information... Read More

This purchase order is a follow on from a November 2024 $3.5 million order Further demands for additional sites expected later in the year TORONTO, ON / ACCESS Newswire / March 27, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced it has received purchase orders through its OEM sales channel valued at... Read More

Funding Under EXIM‘s Make More in America Initiative to Fuel Expansion of Electrovaya's Jamestown Battery Manufacturing Facility Combination of EXIM Funding with $20 million BMO Credit Facility and $12 Million Equity Capital from December 2024 Provides Electrovaya with Over $80 million for Aggressive U.S. Expansion Electrovaya has Met Substantially All Condition Precedent Requirements to Drawdown on the EXIM Facility... Read More

Three year term includes an accordion of US$5.0 million expansion option to fuel future growth Lower-cost facility replaces existing debt, reducing servicing costs Supports operations in both the United States and Canada and enables financing from the United States Export-Import Bank ("EXIM") for Jamestown manufacturing investments TORONTO, ONTARIO / ACCESS Newswire / March 10, 2025 / Electrovaya Inc . ("Electrovaya" or the... Read More

Orders placed through Sumitomo Corporation Power & Mobility for high-voltage battery systems to be used by a Major Japanese Headquartered OEM's Vehicle Project TORONTO, ON / ACCESS Newswire / March 6, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a lithium ion battery technology and manufacturing company, today announced that it has received orders from a second global construction OEM... Read More

Repeat order represents over $13 million in purchases by this end user with further plans to add incremental batteries to their existing facilities as well as batteries for new construction sites TORONTO, ON / ACCESS Newswire / March 4, 2025 / Electrovaya Inc . ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced it has received a... Read More

The Initial Assembly of Battery Systems is Part of a Larger Planned Investment in Jamestown, New York. JAMESTOWN, NY / ACCESS Newswire / March 3, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that it is completing preparations to be in a position to startup the first phase of battery system... Read More

Revenue of $11.2M and Positive Adjusted EBITDA for Seventh Consecutive Quarter Strengthened Balance Sheet and improved financial position Significant Progress in Closing EXIM and Bank Financing to support US Manufacturing Expansion and Overall Growth Plans Reaffirms Fiscal 2025 Revenue Guidance Exceeding $60M, Driven by Strong Order Pipeline TORONTO, ONTARIO / ACCESS Newswire / February 13, 2025 / Electrovaya Inc.... Read More

TORONTO, ON / ACCESS Newswire / February 3, 2025 / Electrovaya Inc. (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its first quarter financial results ending December 31, 2024, following the market close on Thursday, February 13, 2025. This will be followed by a conference call at 5:00 p.m. EST on the same day, presented by CEO, Dr. Raj... Read More

The Company has begun placing initial purchase orders for battery system assembly equipment along with commencing hiring with the goal of starting battery assembly by CY Q2 2025 JAMESTOWN, NY / ACCESSWIRE / January 14, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that it has begun making capital... Read More

TORONTO, ONTARIO / ACCESSWIRE / December 18, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce in connection with its previously completed public offering of 5,175,000 common shares in the capital of the Company (the " Common Shares ") at the price of US$2.15 per Common Share (the " Offering Price ")... Read More

TORONTO, ONTARIO / ACCESSWIRE / December 18, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, has successfully closed its previously announced public offering (the " Offering ") of 5,175,000 common shares in the capital of the Company (the " Common Shares ") at a price to the public of US$2.15 per Common Share (the "... Read More

TORONTO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Electrovaya Inc. (“ Electrovaya” or the “Company”) (NASDAQ: ELVA; TSX: ELVA), a leading lithium-ion battery technology and manufacturing company, announced today the pricing of its previously announced public offering (the “ Offering ”) of 5,175,000 common shares in the capital of the Company (“ Common Shares ”) at a price to the public of US$2.15 per Common Share. Roth Capital... Read More

TORONTO, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Electrovaya Inc. (“Electrovaya” or the “Company”) (NASDAQ: ELVA; TSX: ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that the Company is commencing an underwritten public offering (the “ Offering ”) of its common shares (the “ Common Shares ”). All of the shares are being offered by the Company. The shares will be offered in the... Read More

TORONTO, ON / ACCESSWIRE / December 16, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (Nasdaq:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is proud to announce that its Infinity Series Lithium Ion Phosphate (LFP) based cell have successfully achieved UL2580 recognition. This... Read More

Revenue of $44.6M with $4M Adjusted EBITDA1 (6th Consecutive Positive Quarter) Historic Positive Cash Flow from Operations and Improved Gross Margins Approval of $51million direct loan from The Export-Import Bank of the United States expected to fund Electrovaya's lithium ion cell and battery manufacturing facility in Jamestown, New York Removal of Going Concern note in the financial statements due to improved financial... Read More

TORONTO, ON / ACCESSWIRE / December 6, 2024 / Electrovaya Inc. (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its fourth quarter and fiscal year ending September 30, 2024, following the market close on Thursday, December 12, 2024. This will be followed by a conference call at 5:00 p.m. ET on the same day, presented by CEO, Dr. Raj DasGupta... Read More

TORONTO, ON / ACCESSWIRE / December 4, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a lithium ion battery technology and manufacturing company, today announced that it will host an investor webcast presentation on December 5, 2024 at 2:00 pm EST hosted by Bristol Capital. Electrovaya's CEO, Dr. Raj DasGupta and CFO, John Gibson will walk through the Company's corporate presentation.... Read More

This purchase order, valued at $4.1million, represents the start of the customer's fleet conversion strategy with another four additional sites being planned TORONTO, ON / ACCESSWIRE / December 3, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced it has received a purchase order valued at approximately US$4.1... Read More

Unaudited FY2024 Revenue Estimate of approximately $45 million with a Gross Margin of 31% Expects FY 2024 Year Operating Profit and Improved Adjusted EBITDA Expects FY2025 Revenues to Exceed $60 million Driven by Renewed Demand from the Company's Largest End Users US EXIM Bank's recently approved Direct Loan of $51 expected to begin disbursements during CY Q1 2025 TORONTO, ON / ACCESSWIRE / November 27, 2024 / Electrovaya... Read More

Electrovaya's High Voltage Battery Systems demonstrated strong reliability and performance in mission critical off-road defense application over several months of extensive testing TORONTO, ON / ACCESSWIRE / November 21, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA) a leading lithium-ion battery technology and manufacturing company, is pleased to announce follow-on order for Infinity-HV... Read More

Funding under EXIM‘s Make More in America initiative will fund equipment, engineering and setup costs for Electrovaya's Jamestown Battery Manufacturing Facility JAMESTOWN, NY / ACCESSWIRE / November 14, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that it has secured a direct loan in the amount of... Read More

Customer is largest global end user of Company's batteries with more than 30 warehouse locations operating vehicles powered by Electrovaya batteries TORONTO, ON / ACCESSWIRE / November 12, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced it has received a purchase order valued at approximately US$3.5 million... Read More

TORONTO, ON / ACCESSWIRE / November 7, 2024 / Electrovaya Inc . ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that it has received a Clean Technology award as part of Deloitte's 2024 Technology Fast 50 program for the second consecutive year. Launched in 2021, this leadership category recognizes Canada's top clean... Read More

15th Annual Craig-Hallum Alpha Select Conference UBS Global Industrials & Transportation Conference TORONTO, ON / ACCESSWIRE / November 5, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a lithium ion battery technology and manufacturing company, today announced that Dr. Raj DasGupta, Electrovaya's CEO will be attending the following upcoming conferences: Event: 15 th Annual Craig-Hallum... Read More

C$2 million in funding to support investments in Electrovaya's Canadian facility for automation and capacity enhancements TORONTO, ON / ACCESSWIRE / October 17, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA.TO), a lithium ion battery technology and manufacturing company, announced a C$2-million investment from the Government of Canada through the Federal Economic Development Agency for... Read More

Electrovaya to supply battery systems for IRT's full electric locomotives serving a variety of rail applications including industrial operations, ports, short line railroads, defense, and commuter rail TORONTO, ON / ACCESSWIRE / September 30, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a lithium-ion battery technology and manufacturing company, today announced the establishment of a... Read More

Entry into a new market sector of construction vehicles and new geographical market of Japan TORONTO, ON / ACCESSWIRE / September 10, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA.TO), a lithium ion battery technology and manufacturing company, today announced the receipt of its first purchase orders for pre-production battery modules to be provided to a global Japanese headquartered... Read More

Continued gross margin growth, Revenue of $10.3 million, Adjusted EBITDA 1 of $0.6 million. Progress in meeting strategic financing objectives including refinancing existing working capital facilities and in negotiations with a US federal agency with regards to financing planned Jamestown, New York lithium-ion battery manufacturing facility TORONTO, ON / ACCESSWIRE / August 13, 2024 / Electrovaya Inc. ("Electrovaya" or the... Read More

TORONTO, ON / ACCESSWIRE / August 5, 2024 / Electrovaya Inc. (Nasdaq:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its third quarter ending June 30, 2024, following the market close on Tuesday, August 13, 2024. This will be followed by a conference call at 5:00 p.m. ET on the same day, presented by CEO, Dr. Raj DasGupta and CFO, John Gibson to... Read More

Electrovaya's Infinity Technology has demonstrated effectiveness in preventing cell to cell propagation in two high voltage fire propagation tests. This showcases the technology's ability to make lithium ion batteries safer and prevent thermal runaway in battery systems TORONTO, ON / ACCESSWIRE / July 11, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery... Read More

Development of a Lithium Ion Conducting Ceramic with leading performance; Development of an improved separator membrane that utilizes the in-house ceramics; Plan to start shipping prototypes to a major automaker this calendar year TORONTO, ON / ACCESSWIRE / June 13, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today... Read More

Expanding Electrovaya's addressable market with the New Infinity LFP cells TORONTO, ON / ACCESSWIRE / June 12, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (Nasdaq:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced the launch of its first Infinity Series Lithium Ion Phosphate (LFP) based cell at its annual Battery Technology Day event. The newly developed... Read More

TORONTO, ON / ACCESSWIRE / May 28, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announces that Electrovaya's Executive Management will be presenting at the following upcoming investor conferences: Event: 21st Annual Craig-Hallum Institutional Investor Conference Date: May 29, 2024 Location: Minneapolis, MN, USA... Read More

$1.5 million in Adjusted EBITDA 1 , bringing the trailing 12 month Adjusted EBITDA 1 to $5.8 million Revenue of $10.7 million and Gross Margins improved by 1240 basis points year over year to 35% Operating profit of $0.7 million with positive cash flow from operations for the quarter TORONTO, ON / ACCESSWIRE / May 14, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (Nasdaq:ELVA) (TSX:ELVA), a leading lithium-ion... Read More

TORONTO, ON / ACCESSWIRE / May 13, 2024 / Electrovaya Inc. (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its second quarter ending March 31, 2024, prior to the market open on Tuesday, May 14, 2024. This will be followed by a conference call at 8:00 a.m. ET on the same day, presented by CEO, Dr. Raj DasGupta and CFO, John Gibson to discuss... Read More

90th Anniversary Annual Conference of Export-Import Bank of the United States(EXIM) in Washington DC TORONTO, ON / ACCESSWIRE / May 6, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announced that its CEO, Dr. Raj DasGupta will be participating in a panel discussion focused on the energy transition and new green economy at... Read More

TORONTO, ON / ACCESSWIRE / May 2, 2024 / Electrovaya Inc. (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its second quarter ending March 31, 2024, following the market close on Monday, May 13, 2024. This will be followed by a conference call at 5:00 p.m. ET on the same day, presented by CEO, Dr. Raj DasGupta and CFO, John Gibson to discuss... Read More

Sumitomo Corporation Power & Mobility, a 100% subsidiary of Sumitomo Corporation and Electrovaya have expanded their sales partnership with a formal supply agreement with the intention to supply battery modules to a leading Japanese construction equipment OEM TORONTO, ON / ACCESSWIRE / April 29, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a lithium ion battery technology and... Read More

TORONTO, ON / ACCESSWIRE / April 19, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a lithium-ion battery technology and manufacturing company, is pleased to announces it will be hosting a Battery Technology & Investor Day on Wednesday, June 12, 2024 starting at 11:00 am ET from the Company's Canadian headquarters, located at 6688 Kitimat Rd., Mississauga, ON, L5N 1P8. Electrovaya's Chief... Read More

TORONTO, ON / ACCESSWIRE / April 1, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a lithium-ion battery technology and manufacturing company, is pleased to announce that all of the resolutions that shareholders were asked to consider at its 2024 Annual General Meeting held on March 28 th , 2024 in Toronto, Ontario, were approved. The six directors named in the management information... Read More

Electrovaya's batteries have been successfully integrated and tested with wireless chargers TORONTO, ON / ACCESSWIRE / March 11, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a lithium-ion battery technology and manufacturing company, today announced that its latest generation of battery systems has been integrated and tested with two leading providers of wireless chargers. The battery... Read More

TORONTO, ON / ACCESSWIRE / March 5, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA) (TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced that Dr. Raj DasGupta, Electrovaya's CEO will be attending the following upcoming investor conferences in March: Event: 36th Annual Roth Conference Date: March 17-19, 2024 Location: The Ritz Carlton Laguna Niguel in Dana... Read More

Generation V BMS System Optimized for new Electrovaya's High Voltage Applications has achieved UL991 and UL 1998 Recognition TORONTO, ON / ACCESSWIRE / February 27, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA.TO), a lithium ion battery technology and manufacturing company, today announced that its latest generation of battery management system technology ("BMS") has been approved by UL.... Read More

Increase in availability by C$6 million from current working capital facility with an 18 month term also including uncommitted accordions to increase the facility to C$26 million TORONTO, ON / ACCESSWIRE / February 14, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a lithium ion battery technology and manufacturing company, today announced that its credit facility has been increased from... Read More

$0.6 million in Adjusted EBITDA 1 , the fourth consecutive quarter with positive Adjusted EBITDA Gross Margins improved by 360 basis points to 29% with battery systems exceeding 30% Reaffirmed Fiscal 2024 Guidance of $65 to 75 million underpinned by increasing order backlog and an updated Three Year Strategic Supply Agreement with two of the largest OEMs in the Material Handling sector TORONTO, ON / ACCESSWIRE / February 12,... Read More

TORONTO, ON / ACCESSWIRE / February 5, 2024 / Electrovaya Inc. (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its first quarter ending December 31, 2023, following the market close on Monday, February 12, 2024. This will be followed by a conference call at 5:00 p.m. ET on the same day, presented by CEO, Dr. Raj DasGupta and CFO, John Gibson... Read More

TORONTO, ON / January 5, 2024 / Electrovaya Inc . ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced that management is participating in the iAccess Alpha Tax Loss Recovery Summit Virtual Conference on January 9 th and 10 th , 2024. Dr. Raj DasGupta, Electrovya's CEO, will deliver a company presentation at 10:30 a.m. Eastern time on... Read More

Over $3.2 million in Adjusted EBITDA 1 with an Operating Profit of $1.2 million for Fiscal 2023; Two-year Revenue CAGR of 100%; Fiscal 2024 Guidance of $65 to 75 million underpinned by increasing order backlog and an updated Three Year Strategic Supply Agreement with two of the largest OEMs in the Material Handling sector Expects continued strong growth into Fiscal 2025 and beyond supported by new high voltage battery system... Read More

TORONTO, ON / ACCESSWIRE / January 2, 2024 / Electrovaya Inc. (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its fourth quarter and fiscal year ending September 30, 2023 (Q4 FY2023" & "FY 2023", respectively) financial results, after market close on Tuesday, January 2, 2024. This will be followed by a conference call at 8:00 a.m. EST on... Read More

First Shipment Made to Global Aerospace Company TORONTO, ON / ACCESSWIRE / December 26, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA) a leading lithium-ion battery technology and manufacturing company, is pleased to announce the first shipment of its Infinity-HV battery systems, an addition to its infinity product line. "We are excited to see our first Infinity-HV battery product shipped to... Read More

The Company remains optimistic and is making all efforts to release the Reporting Documents by the required deadline, but is taking steps to notify the market in the case additional time is required TORONTO , Dec. 22, 2023 /CNW/ - Electrovaya Inc. (NASDAQ: ELVA) (TSX: ELVA) (" Electrovaya ", or the " Company ") announces there is a potential for delay in the filing of its annual financial statements for the year ended... Read More

TORONTO, ON / ACCESSWIRE / November 8, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that it has received a Clean Technology award as part of Deloitte's Technology Fast 50 program. Launched last year, the new award leadership category recognizes Canada's top clean innovators providing processes,... Read More

Repeat order represents over $12 million in purchases by this customer over the last 12 months for material handling electric vehicle batteries TORONTO, ON / ACCESSWIRE / November 7, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced the receipt of a battery purchase order through one of its OEM sales channels... Read More

Expands prior agreement with one of the partners for longer term, higher minimum purchases and adds a new large OEM partner and affiliates TORONTO, ON / ACCESSWIRE / November 2, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced that it has executed a Strategic Supply Agreement with two leading affiliated OEM... Read More

TORONTO, ON / ACCESSWIRE / October 30, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces today that the Company will be attending the Gabelli Funds - 47th Annual Automotive Symposium, the UBS - Industrials Summit and the Craig-Hallum - Alpha Select Conference. Gabelli Funds - 47th Annual Automotive Symposium Date:... Read More

Former Board Chair of Sierra Club Foundation, Barclays Head of cleantech joins Electrovaya's board of directors to enhance climate tech and capital markets depth TORONTO, ON / ACCESSWIRE / October 24, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA);(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announced the appointment of Steven Berkenfeld to the Company's board of... Read More

FY 2023 Revenue In line with Guidance; CAGR of 100% over 2 years TORONTO, ON / ACCESSWIRE / October 3, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announced preliminary unaudited Q4 and Fiscal Year 2023 revenue. ("Q4 FY2023" and "FY2023", respectively). All dollar amounts are in U.S. dollars unless otherwise noted.... Read More

Improved operational efficiency with increased manufacturing capacity; expansion of engineering capabilities; product updates; management open market share purchases TORONTO, ON / ACCESSWIRE / September 21, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced a business update. Canadian Manufacturing Site Upgrades... Read More

TORONTO, ON / ACCESSWIRE / August 31, 2023 / Electrovaya Inc . ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announced today that Dr. Raj DasGupta will be participating at both the upcoming H.C. Wainwright 25th Annual Global Investment Conference on September 11-12, 2023 and the Piper Sandler Growth Frontiers Conference on September 13, 2023.... Read More

TORONTO, ON / ACCESSWIRE / June 26, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:ELVA)(OTCQB:EFLVD), a leading lithium-ion battery technology and manufacturing company, will be presenting at the 49th Annual Power Sources Conference . Date : June 27-29, 2023 Location : Gaylord National Resort and Convention Center; Fort Washington, MD Event Details : The Power Sources Conference brings together members of the... Read More

Company prepares Nasdaq listing as a dual listed issuer with no concurrent financing TORONTO, ON / ACCESSWIRE / June 12, 2023 / Electrovaya, Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF) a leading lithium-ion battery technology and manufacturing company, announces it intends to proceed with a reverse split of its issued and outstanding common stock at a ratio of 1 consolidated for 5 pre-consolidated shares.... Read More

TORONTO, ON / ACCESSWIRE / May 17, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL); (OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today provided an update on its proprietary solid state lithium metal battery technology at its Electrovaya Labs division. Progress is ongoing in several areas: Multi-layer pouch cells have been developed, and they are amenable for scale up.... Read More

New 52Ah cell demonstrates a 10% increase in energy density; To be used in a broad range of applications beginning in 2024 TORONTO, ON / ACCESSWIRE / May 16, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL); (OTCQB:EFLVF) a leading lithium-ion battery technology and manufacturing company, is pleased to announce that it is launching a new Infinity series cell, that features a capacity increase of 10% over... Read More

Revenue increases by 144% year-over-year to $10.5 million; Significant increases in adjusted EBITDA and net profitability TORONTO, ON / ACCESSWIRE / May 4, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the fiscal second quarter ended March 31, 2023 ("Q2 FY2023"). All dollar amounts... Read More

TORONTO, ON / ACCESSWIRE / April 27, 2023 / Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF), a lithium-ion battery technology and manufacturing company, announces that it will release its second quarter financial results ending March 31, 2023, after market close on May 4, 2023. Followed by a conference call at 5:00 p.m. EST on the same day, presented by CEO, Dr. Raj DasGupta and CFO, John Gibson to discuss the financial results and... Read More

Batteries completed more than 9,000 charge/discharge cycles in testing at a DNV lab, with ~87% capacity retention Results highlight significant performance advantages of Electrovaya batteries TORONTO, ON / ACCESSWIRE / April 18, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF) a leading... Read More

TORONTO, ON / ACCESSWIRE / April 13, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF) a leading lithium-ion battery technology and manufacturing company, is pleased to announces it will be hosting its inaugural Battery Technology & Analyst Day on Wednesday, May 17, 2023 starting at 11:00 am EST from the Company's Canadian headquarters, located at 6688 Kitimat Rd., Mississauga, ON, L5N 1P8.... Read More

Will serve as the base for Electrovaya's planned US Gigafactory in Jamestown New York and includes a 137,000 square foot building on 52 acres. TORONTO, ON / ACCESSWIRE / April 3, 2023 / Electrovaya Inc . (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, has closed the previously announced purchase of its planned manufacturing site in Jamestown, New York as of March 31 2023. The site... Read More

TORONTO, ON / ACCESSWIRE / March 27, 2023 / Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF) (the "Company") is pleased to announce that all of the resolutions that shareholders were asked to consider at its 2023 Annual and Special Meeting held on March 24 th , 2023 in Toronto, Ontario, were approved. The five directors named in the management information circular of the Company, being Dr. Sankar Das Gupta, Dr. Raj Das Gupta, Dr.... Read More

TORONTO, ON / ACCESSWIRE / March 14, 2023 / Electrovaya Inc . ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, is exhibiting in PROMAT 2023 to showcase its Lithium-ion ceramic technology and battery solutions for the material handling industry. The conference is occurring from March 20-23, 2023 at the McCormick Place in Chicago, IL. Electrovaya will... Read More

TORONTO, ON / ACCESSWIRE / March 9, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF) announces participation details for its annual and special meeting (the "Meeting") of holders of common shares of the Company to be held on March 24, 2023 at 4:00 p.m. EST at the Company's head office located at 6688 Kitimat Rd., Mississauga, Ontario, L5N 1P8. Registered shareholders may and are encouraged to... Read More

First follow-on order from major customer with additional orders anticipated TORONTO, ON / ACCESSWIRE / March 6, 2023 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today announced the receipt of a battery purchase order through its OEM sales channel valued at approximately US$14 million. The batteries will be used by a leading Fortune 500 company in the United... Read More

Quarterly revenue increases significantly year-over-year to $7.8 million TORONTO, ON / ACCESSWIRE / February 13, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the first quarter ended December 31, 2022 ("Q1 FY2023"). All dollar amounts are in U.S. dollars unless otherwise noted.... Read More

Customer is expected to be the 10th Fortune 100 company and fifth Fortune 100 retailer to operate Electrovaya batteries TORONTO, ON / ACCESSWIRE / February 9, 2023 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today announced the receipt of a battery purchase order through its OEM sales channel valued at approximately US$3.4 million. The batteries will be used... Read More

TORONTO, ON / ACCESSWIRE / February 1, 2023 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery technology and manufacturing company, announces that it will release its first quarter financial results ending December 31, 2022, after market close on February 13 2023. Followed by a conference call at 5:00 p.m. EST on the same day, presented by CEO, Dr. Raj DasGupta and CFO, John Gibson to discuss the financial... Read More

Amendment extends C$16 million credit facility at a reduced interest rate calculation by 6 months with an option for a further 6 month extension under the same terms TORONTO, ON / ACCESSWIRE / December 29, 2022 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today announced it has amended its loan agreement with its lender. Key amendments include a reduction in... Read More

As energy capacity needs grow, lithium-ion batteries — the best battery technology currently available — are rapidly approaching their limits. Manufacturers are struggling to increase energy capacity without increasing the weight or cost of the battery. That’s why the race is on to develop the market’s first solid-state battery — one that uses a solid electrolyte in place of the liquid or gel found in lithium-ion batteries.... Read More

Q4 revenue increased by 140% and FY 2022 revenue increased by 70% year over year TORONTO, ON / ACCESSWIRE / December 5, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the fourth quarter and fiscal year ended September 30, 2022 ("Q4 FY2022" & "FY 2022", respectively). All dollar... Read More

As electric vehicles (EVs) from Tesla Inc. (NASDAQ: TSLA), General Motors Co. (NYSE: GM), Ford Motor Co. (NYSE: F) and Stellantis NV (NYSE: STLA) catch fire in the wake of Hurricane Ian , manufacturers have placed renewed urgency on finding safer, less fire-prone batteries to power their EVs. The outbreak of EV fires mirrors the aftermath of Hurricane Sandy in 2012 when over 300 EVs manufactured by Fisker Inc. (NYSE: FSR)... Read More

TORONTO, ON / ACCESSWIRE / November 28, 2022 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery technology and manufacturing company, announces that it will release its fourth quarter and fiscal year 2022 financial results ending Sept 30, 2022, after market close on Monday, December 5th, 2022. Followed by a conference call and webcast with slides at 5:00 p.m. EST on the same day, presented by CEO, Dr. Raj... Read More

Electrovaya's technologies provide solutions with superior safety and extended cycle life TORONTO, ON / ACCESSWIRE / November 22, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today announced that it plans to start development of high-voltage stationary energy storage battery systems using its existing proprietary Infinity... Read More

TORONTO, ON / ACCESSWIRE / November 14, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, will be participating at the Barclays Global Automotive and Mobility Tech Conference for a fireside chat on Wednesday, November 30, 2022 at 12:00pm ET. The conference will feature automakers and suppliers, as well as other companies at the... Read More

TORONTO, ON / ACCESSWIRE / November 9, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL) (OTCQB:EFLVF) a leading lithium-ion battery technology and manufacturing company, has completed its previously announced private placement with existing institutional investors, new institutional investors and insiders, (the "Offering") of 17,543,402 units ("Units") at a price of $0.8461 per Unit for aggregate gross... Read More

Electrovaya Inc. , (TSX:EFL)(OTCQB:EFLVF) (the " Company "), a leading lithium-ion battery technology and manufacturing company, has entered into securities purchase agreements with existing institutional investors, new institutional investors and insiders for a private placement of the Company's common shares (a " Common Share " and, collectively, the " CommonShares ") and warrants to purchase common shares (" Warrants" )... Read More

Batteries and other electricity storage technologies are key to making the transition away from fossil fuels possible. According to the International Energy Agency (IEA), meeting the world’s climate and renewable energy goals will require approximately 10,000 gigawatt hours of energy storage technology, including batteries. To help the world meet that goal, Electrovaya Inc. (OTCQB: EFLVF) is developing a range of proprietary... Read More

Batteries and other electricity storage technologies are key to making the transition away from fossil fuels possible. According to the International Energy Agency (IEA), meeting the world’s climate and renewable energy goals will require approximately 10,000 gigawatt hours of energy storage technology, including batteries. To help the world meet that goal, Electrovaya Inc. (OTCQB: EFLVF) is developing a range of proprietary... Read More

Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL); (OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today announced a revenue update for the fourth quarter and fiscal year ended September 30, 2022 ("Q4 FY2022" and "FY2022", respectively). All dollar amounts are in U.S. dollars unless... Read More

Electrovaya Inc. ELF:TO EFLVF recently announced that it has selected New York State as the location for its first U.S. gigafactory (the “Gigafactory”), for the production of cells and batteries. Electrovaya will set up operations at a 137,000-square-foot plant on a 52-acre campus near Jamestown, NY. The Company is developing the Gigafactory due to rising demand for its lithium-ion batteries, which provide superior safety... Read More

Electrovaya's first U.S. facility adds to its existing two Canadian facilities and will produce its proprietary high-performance lithium-ion cells and batteries Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that it has selected New York State as the location for its first U.S. gigafactory (the... Read More

Revenue doubles year over year; more than $30m of firm purchase orders received in the quarter Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the fiscal third quarter ended June 30, 2022 ("Q3... Read More

Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF), a lithium-ion battery technology and manufacturing company, announces that it will release its third quarter 2022 financial results for the quarter ended June 30, 2022, after market close on Thursday August 11th, 2022. Followed by a conference call and webcast with slides at 5:00 p.m. EDT on the same day, presented by CEO, Dr. Raj DasGupta and CFO, John Gibson to discuss the... Read More

Certification Covers Design, Manufacturing and Other Activities Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery technology and manufacturing company, is pleased to announce that it has earned ISO 9001:2015 certification for its quality management system. The scope of Electrovaya's certification includes the design, manufacturing, supply and repair of lithium-ion battery... Read More

Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery technology and manufacturing company, today announced that its credit facility has been increased from C$14 million to C$16 million to support its sales growth. As consideration for these amendments, Electrovaya has paid a fee of C$50,000, paid in shares to the financial institution. "We are very pleased with the essentially... Read More

Single largest order for MHEV batteries in the Company's history Received MHEV battery orders totaling more than US$40 million to date in the 2022 calendar year Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today announced the receipt of a battery purchase order through its OEM sales channel valued at approximately US$11 million. The batteries will be used by a... Read More

New Patent for Microstructure Characteristics of Non-NMP produced lithium ion electrode that enables higher energy density lithium ion batteries Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today announced the receipt of a US patent for a unique battery electrode microstructure with superior distribution of active and non-active materials. The US Patent number... Read More

Electrovaya Inc. (TSX:EFL; OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, announces that it will be speaking at the upcoming Battery Cells & Systems Expo in Birmingham, UK on June 29-30th and the PlugVolt Battery Seminar in Plymouth, MI (USA) on July 12-14th. About Electrovaya Inc. Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF) is a pioneering leader in the global energy transformation, focused... Read More

Electrovaya Inc. (TSX:EFL;OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, announces the appointment of John Gibson, as the Chief Financial Officer, of Electrovaya effective as of June 13th, 2022. Mr. Gibson will report to Electrovaya's Chief Executive Officer, Dr. Raj DasGupta Mr. Gibson is a Certified Professional Accountant... Read More

Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, is pleased to announce the appointment of Dr. Raj Das Gupta as Chief Executive Officer, and a member of the Company's Board of Directors. Dr. Das Gupta has been a member of Electrovaya's management team since 2009. He has been instrumental in developing... Read More

Electrovaya Inc. (TSX:EFL); (OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, will be featured as a presenting company at the H.C. Wainwright Global Investment Conference at the Fontainebleau Miami Beach Hotel in Miami, FL on May 23-26, 2022. About Electrovaya Inc. Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF) is a pioneering leader in... Read More

Revenue Increases by 47%; Purchase Orders Increases to Over $25 Million Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, today reported its financial results for the fiscal second quarter ended March 31, 2022 ("Q2 FY2022"). All dollar amounts are in U.S. dollars unless... Read More

Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF) today announced that it will release the financial results for the quarter ended March 31, 2022 on Tuesday May 10th, 2022 after the markets close. CEO Dr. Sankar Das Gupta, COO Dr. Raj Das Gupta and EVP & CFO Richard Halka will host a conference call on Wednesday May 11th, 2022 at 8:00 a.m. Eastern Time (ET) to discuss the results and provide a business update. Conference Call... Read More

Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer backed by industry-leading safety, cycle-life and performance, with substantial intellectual property, will be participating in Water Tower Research Fireside Chat Series on Thursday, April 21, at 2:00pm EST. Registration link for the live webcast of the fireside chat is available by clicking Here , and this event is open to all investors and media.... Read More

On track to meet automotive targets for lithium metal & solid state batteries. Achieved ~94% capacity retention after 300 cycles, scaled to multilayer pouch cell, demonstrating larger cell formats Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL) (OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated... Read More

Addressable market substantially increased in the fast emerging, high value materials handling sector Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL; OTCQB:EFLVF), a lithium ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, today announced that it has completed UL2580 certification for about 28 models of 48V lithium ion batteries. Most of... Read More

Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL) (OTCQB:EFLVF) a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, today announced that the Company recently received further purchase orders valued at about US$10.6 million. The Company received a blanket purchase order from its OEM sales partner valued at more than US$9.4 million, and... Read More

Projected "million mile" battery with a 10+ year lifespan Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF) a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, today announced that its e-forklift batteries have demonstrated... Read More

Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF) (the "Company") is pleased to announce that all of the resolutions that shareholders were asked to consider at its 2022 Annual and Special Meeting held on March 25 th , 2022 in Toronto, Ontario, were approved. The five directors named in the management information circular of the Company, being Dr. Sankar Das Gupta, Dr. Bejoy Das Gupta, Dr. James Jacobs, Dr. Carolyn Hansson and Mr.... Read More

Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF) announces participation details for its annual and special meeting (the "Meeting") of holders of common shares of the Company to be held on March 25, 2022 at 4:00 p.m at the Company's head office located at 6688 Kitimat Rd., Mississauga, ON, L5N 1P8. Registered shareholders may and are encouraged to vote by mail, fax or email by completing and returning... Read More

Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and superior longevity enabling industry-leading performance, is participating in MODEX 2022 to exhibit its Lithium-ion ceramic technology and battery solutions for the material handling industry. The trade show is occurring from March 28-31, 2022 at Georgia World Congress Center... Read More

Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL) (OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, today provided a business update. Infinity Battery Platform (Safety and Longevity) Electrovaya's lithium-ion ceramic battery, called the Infinity platform, is a recent technological breakthrough that is based on what the... Read More

Focus on Infinity Lithium Ion Battery Platform Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading safety, cycle-life and performance, with substantial intellectual property. Will be participating in episode two of the Water Tower Research Fireside Chat Series on Friday, March 11, at 11:00am EST. Electrovaya's CEO, Sankar DasGupta will be providing an overview of the company's... Read More

Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL) (OTCQB:EFLVF), a lithium ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity enabling industry-leading performance, today announced that its credit facility has been increased from C$7 million to C$11 million to support its sales growth. In addition, it has extended the term to maturity of its $6... Read More

Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading safety, cycle-life and performance, with substantial intellectual property. Will be participating in the Water Tower Research Fireside Chat Series on Thursday, February 17, at 2:00pm EST. Electrovaya's COO Raj DasGupta will be providing an overview of the company's lithium-ion and solid-state battery platforms and growth... Read More

Company reiterates revenue guidance for Fiscal 2022 of approximately $27 million Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL) (OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity enabling industry-leading performance, today reported its financial results for the fiscal first quarter ended December 31, 2021 ("Q1... Read More

Electrovaya Inc. (TSX: EFL) (OTCQB:EFLVF) today announced that it will release the financial results for the quarter ended December 31, 2021 on Monday February 14th, 2022 after the markets close. CEO Dr. Sankar Das Gupta and EVP & CFO Richard Halka will host a conference call on Tuesday February 15th, 2022 at 8:00 a.m. Eastern Time (ET) to discuss the results and provide a business update. Conference Call Details: The... Read More

A seasoned climate change and sustainability investor with extensive emerging market finance experience Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity enabling industry-leading performance, is pleased to announce the appointment of Kartick Kumar to its Board of Directors, effective immediately. Mr.... Read More

Total orders from this end user in January 2022 are valued at approximately US$6 million, with planned delivery by the end of March 2022 Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity enabling industry-leading performance, today announced a new battery purchase order through its OEM sales channel... Read More

Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity enabling industry-leading performance, today announced the receipt of a battery purchase order through its OEM sales channel valued at about US$3.05 million. The batteries will be used by a leading Fortune 100 company to power Materials Handling Electric... Read More