Electrovaya’s core Infinity Battery Technology Platform uses ceramic composite cell separator materials, lithium metal anodes, and high-performance NMC cathodes. Their manufacturing integrates proprietary high-temperature cell production techniques and UL-certified battery systems. The company holds over 100 patents and develops solid-state batteries with advanced battery management systems and rigorous testing protocols.
Electrovaya offers lithium-ion battery systems for industrial vehicles, commercial energy storage, and transportation applications. Their UL-certified Infinity batteries deliver extended life (validated over 3 million miles), improved safety, and operational efficiency, featuring integrated battery management systems for reliable performance in demanding conditions.
Electrovaya began developing a gigafactory in Jamestown, New York, with plans to launch in 2025 and employ 250 people. They secured a $50.8M loan from the Export-Import Bank of the United States for equipment and engineering at their Ellicott gigafactory to produce Infinity lithium-ion ceramic cells. Commercial cell and module production is scheduled to start in mid-2026.
Electrovaya Inc. is publicly listed on Nasdaq and TSX under ticker ELVA. It secured a $50.8M loan from the Export-Import Bank of the United States under the “Make More in America” initiative and benefits from state and local manufacturing incentives in New York. In Q2 FY2025 it reported revenue of $15.0M (up 40% year-over-year), a gross margin of 31.1%, adjusted EBITDA of $2.0M, net profit of $0.8M, and EPS of $0.02. The company reaffirmed fiscal 2025 revenue guidance above $60M. Electrovaya regularly hosts investor webcasts and conference calls; its Q3 FY2025 results call is scheduled for August 13, 2025 at 5:00 p.m. EST. Investor relations contact: Jason Roy, VP Corporate Development and Investor Relations (jroy@electrovaya.com; +1 905-855-4618).
