Press Releases

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 the next […]...

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 […]...

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 Electrovaya Inc. (“Electrovaya” or […]...

Revenue increased 67% y/y to $17.1M with Positive Adjusted EBITDA1 for Ninth Consecutive Quarter Adjusted EBITDA1 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 – August 13, 2025 – […]...

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 Electrovaya Inc. (“Electrovaya” or the “Company”) (NASDAQ: ELVA; TSX: ELVA), a lithium ion battery technology […]...

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, […]...

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

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 Electrovaya Inc. (“Electrovaya” or the “Company”) (NASDAQ:ELVA, TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced the receipt of new purchase orders […]...

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