*1 unaudited, FY growth from FY2022 to FY 2023
*2 As in July 2023: as compared to an ICE powered forklift
*3 Cycle equivalent: 14,000 cycles is equivalent to 3,500,000 miles for 250-mile range car
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NMC based Lithium-ion cells with excellent cycle life performance and the safety
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Revenue increased 40% y/y to $15.0M with Positive Adjusted EBITDA 1 for Eighth Consecutive Quarter Adjusted EBITDA1 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 – May 14, 2025 – Electrovaya Inc. […]
Key Milestone as part of Electrovaya’s Manufacturing Investment in Jamestown, New York 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 Electrovaya’s battery systems […]
Electrovaya Gigafactory, Jamestown, NY, USA
Electrovaya Corp, Mississauga, ON, CA
Electrovaya Labs, Mississauga, ON, CA
