Press Releases

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 Electrovaya Inc. (“Electrovaya” or the “Company”) (NASDAQ: ELVA, TSX:ELVA), […]...

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 […]...

Orders placed through Sumitomo Corporation Power & Mobility for high-voltage battery systems to be used by a Major Japanese Headquartered OEM’s Vehicle Project 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 through […]...

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, Ontario – March 4, 2025 – Electrovaya Inc. (“Electrovaya” or the “Company” (NASDAQ:ELVA, TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today […]...

The Initial Assembly of Battery Systems is Part of a Larger Planned Investment in Jamestown, New York. 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 […]...

 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 – February 13, 2025 – Electrovaya […]...

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, […]...

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 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 investments […]...

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”) for […]...