Electrovaya was founded in 1996 as a research and development company focused on Lithium Ion technologies and manufacturing processes.
In 2000, the company went public and over the years has delivered projects for specialized applications in the aerospace, automotive and personal electronics segments for organisations such as Tata, Chrysler, NASA and Southern and Scottish Energy.
In 2015, Electrovaya underwent a radical makeover through the transformational acquisition of Litarion GmbH, formerly a joint venture between Daimler AG and Evonik AG and its associated technology portfolio.
Litarion GmbH was previously a captive supplier of components for the cells used exclusively in Daimler’s electric Smart cars. Now this same technology is used in the cells and system products Electrovaya offers.
The joint company now boasts over 400 patents in Lithium Ion battery technology and over 500 MWh of cell component production capacity in Kamenz, Germany operated by Litarion GmbH. One of the core technologies acquired through the acquisition was the global rights, in perpetuity, to the fully ceramic separator technology, SEPARION®, for use in Lithium Ion batteries.