Press Releases

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 […]...

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

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 […]...

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 28th, 2024 in Toronto, Ontario, were approved. The six directors named in the management information circular […]...

Electrovaya’s batteries have been successfully integrated and tested with wireless chargers 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 systems have successfully demonstrated wireless […]...

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 Point, CA Format: Presentation and […]...

Generation V BMS System Optimized for new Electrovaya’s High Voltage Applications has achieved UL991 and UL 1998 Recognition 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. The GEN […]...

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 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 C$16 million to […]...

$0.6 million in Adjusted EBITDA1, 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 […]...