Articles from Electrovaya, Inc.

Offering nearly 3 MWh of energy with up to 7 MW of continuous power for demanding data center, AI infrastructure and critical-power applications

Certification Covers Design, Manufacturing and Other Activities

TORONTO, ON / ACCESSWIRE / July 21, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery technology and manufacturing company, today announced that its credit facility has been increased from C$14 million to C$16 million to support its sales growth. As consideration for these amendments, Electrovaya has paid a fee of C$50,000, paid in shares to the financial institution.

Single largest order for MHEV batteries in the Company's history

New Patent for Microstructure Characteristics of Non-NMP produced lithium ion electrode that enables higher energy density lithium ion batteries

TORONTO, ON / ACCESSWIRE / June 28, 2022 / Electrovaya Inc. (TSX:EFL; OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, announces that it will be speaking at the upcoming Battery Cells & Systems Expo in Birmingham, UK on June 29-30th and the PlugVolt Battery Seminar in Plymouth, MI (USA) on July 12-14th.

TORONTO, ON / ACCESSWIRE / June 14, 2022 / Electrovaya Inc. (TSX:EFL;OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, announces the appointment of John Gibson, as the Chief Financial Officer, of Electrovaya effective as of June 13th, 2022. Mr. Gibson will report to Electrovaya's Chief Executive Officer, Dr. Raj DasGupta

TORONTO, ON / ACCESSWIRE / May 24, 2022 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, is pleased to announce the appointment of Dr. Raj Das Gupta as Chief Executive Officer, and a member of the Company's Board of Directors.

TORONTO, ON / ACCESSWIRE / May 18, 2022 / Electrovaya Inc. (TSX:EFL); (OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, will be featured as a presenting company at the H.C. Wainwright Global Investment Conference at the Fontainebleau Miami Beach Hotel in Miami, FL on May 23-26, 2022. Electrovaya's COO, Dr. Raj DasGupta is scheduled to present in

Revenue Increases by 47%; Purchase Orders Increases to Over $25 Million TORONTO, ON / ACCESSWIRE / May 10, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, today reported its financial results for the fiscal second quarter ended March 31, 2022 ("Q2 FY2022"). All dollar amounts are in

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TORONTO, ON / ACCESSWIRE / April 19, 2022 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer backed by industry-leading safety, cycle-life and performance, with substantial intellectual property, will be participating in Water Tower Research Fireside Chat Series on Thursday, April 21, at 2:00pm EST. Dr. Raj DasGupta, Electrovaya's COO, will be providing an overview of the company's proprietary Solid State Battery

On track to meet automotive targets for lithium metal & solid state batteries. Achieved ~94% capacity retention after 300 cycles, scaled to multilayer pouch cell, demonstrating larger cell formats TORONTO, ON / ACCESSWIRE / April 13, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity,

Addressable market substantially increased in the fast emerging, high value materials handling sector TORONTO, ON / ACCESSWIRE / April 11, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL; OTCQB:EFLVF), a lithium ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, today announced that it has completed UL2580 certification for about 28 models of 48V lithium ion

TORONTO, ON / ACCESSWIRE / April 7, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF) a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, today announced that the Company recently received further purchase orders valued at about US$10.6 million. The Company received a blanket purchase order from its OEM sales partner valued at more than

Projected "million mile" battery with a 10+ year lifespan TORONTO, ON / ACCESSWIRE / March 30, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF) a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, today announced that its e-forklift batteries have demonstrated strong performance with negligible degradation after four years of heavy use in

TORONTO, ON / ACCESSWIRE / March 25, 2022 / Electrovaya Inc.(TSX:EFL) (OTCQB:EFLVF) (the "Company") is pleased to announce that all of the resolutions that shareholders were asked to consider at its 2022 Annual and Special Meeting held on March 25th, 2022 in Toronto, Ontario, were approved. The five directors named in the management information circular of the Company, being Dr. Sankar Das Gupta, Dr. Bejoy Das Gupta, Dr. James Jacobs, Dr. Carolyn

TORONTO, ON / ACCESSWIRE / March 21, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF) announces participation details for its annual and special meeting (the "Meeting") of holders of common shares of the Company to be held on March 25, 2022 at 4:00 p.m at the Company's head office located at 6688 Kitimat Rd., Mississauga, ON, L5N 1P8. The Company values all of its shareholders input and thanks all stakeholders in

TORONTO, ON / ACCESSWIRE / March 16, 2022 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and superior longevity enabling industry-leading performance, is participating in MODEX 2022 to exhibit its Lithium-ion ceramic technology and battery solutions for the material handling industry. The trade show is occurring from March 28-31, 2022 at Georgia

TORONTO, ON / ACCESSWIRE / March 10, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity, today provided a business update. Infinity Battery Platform (Safety and Longevity) Electrovaya's lithium-ion ceramic battery, called the Infinity platform, is a recent technological breakthrough that

Focus on Infinity Lithium Ion Battery Platform TORONTO, ON / ACCESSWIRE / March 8, 2022 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading safety, cycle-life and performance, with substantial intellectual property. Will be participating in episode two of the Water Tower Research Fireside Chat Series on Friday, March 11, at 11:00am EST. Electrovaya's CEO, Sankar DasGupta will be providing an

TORONTO, ON / ACCESSWIRE / February 23, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity enabling industry-leading performance, today announced that its credit facility has been increased from C$7 million to C$11 million to support its sales growth. In addition, it has extended the term

TORONTO, ON / ACCESSWIRE / February 16, 2022 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading safety, cycle-life and performance, with substantial intellectual property. Will be participating in the Water Tower Research Fireside Chat Series on Thursday, February 17, at 2:00pm EST. Electrovaya's COO Raj DasGupta will be providing an overview of the company's lithium-ion and solid-state battery

Company reiterates revenue guidance for Fiscal 2022 of approximately $27 million TORONTO, ON / ACCESSWIRE / February 14, 2022 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity enabling industry-leading performance, today reported its financial results for the fiscal first quarter ended

TORONTO, ON / ACCESSWIRE / February 8, 2022 / Electrovaya Inc. (TSX: EFL)(OTCQB:EFLVF) today announced that it will release the financial results for the quarter ended December 31, 2021 on Monday February 14th, 2022 after the markets close. CEO Dr. Sankar Das Gupta and EVP & CFO Richard Halka will host a conference call on Tuesday February 15th, 2022 at 8:00 a.m. Eastern Time (ET) to discuss the results and provide a business

A seasoned climate change and sustainability investor with extensive emerging market finance experience TORONTO, ON / ACCESSWIRE / February 7, 2022 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity enabling industry-leading performance, is pleased to announce the appointment of Kartick Kumar to its Board of Directors,

Total orders from this end user in January 2022 are valued at approximately US$6 million, with planned delivery by the end of March 2022 TORONTO, ON / ACCESSWIRE / January 19, 2022 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity enabling industry-leading performance, today announced a new battery purchase order through its

TORONTO, ON / ACCESSWIRE / January 12, 2022 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity enabling industry-leading performance, today announced the receipt of a battery purchase order through its OEM sales channel valued at about US$3.05 million. The batteries will be used by a leading Fortune 100 company to power

Strongest quarter of FY 2021, with revenue expected to more than double in Fiscal 2022 to approximately $27 million TORONTO, ON / ACCESSWIRE / December 20, 2021 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity enabling industry-leading performance, today reported its financial results for

TORONTO, ON / ACCESSWIRE / December 16, 2021 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF) today announced that it will release the financial results for the quarter and year ended September 30, 2021 on Monday December 20th, 2021 after the markets close. CEO Dr. Sankar Das Gupta and EVP & CFO Richard Halka will host a conference call on Tuesday December 21st, 2021 at 8:00 a.m. Eastern Time (ET) to discuss the results and provide a business

Lithium-Ion Battery Maker with enhanced safety and longevity, presents at 1:00 PM ET TORONTO, ON / ACCESSWIRE / December 2, 2021 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity enabling industry leading performance,announced today that it will be presenting virtually at the upcoming Sequire CleanTech & EV Conference on

Former Barclays Managing Director and Sustainability Champion TORONTO, ON / ACCESSWIRE / December 1, 2021 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity enabling industry leading performance, is pleased to announce that Steven Berkenfeld has been engaged as a Special Advisor to the CEO and Board. Mr. Berkenfeld will

Electrovaya to provide lithium ion battery systems for Vicinity electric buses and trucks TORONTO, ON / ACCESSWIRE / October 13, 2021 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, today announced the signing of a strategic supply agreement with Vicinity Motor Corp. (NASDAQ:VEV)(TSXV:VMC)(FRA:6LGA) ("Vicinity"), a leading supplier of electric,

Increasing battery capacity by 7% for all current battery models and UL listing for additional models TORONTO, ON / ACCESSWIRE / October 5, 2021 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, today announced that all of its battery models will be receiving a capacity increase of approximately 7%. This change

TORONTO, ON / ACCESSWIRE / October 1, 2021 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL) (OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, today announced that it has closed its previously announced private placement of common shares (a "Common Share" and, collectively, the "Common Shares") and warrants to purchase common shares ("CommonWarrants") to a single

TORONTO, ON / ACCESSWIRE / September 27, 2021 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, today announced that it has entered into a securities purchase agreement for a private placement of the Company's common shares (a "Common Share" and, collectively, the "Common Shares") and warrants to purchase common

Preliminary results for this Solid State battery approach using lithium metal anodes show excellent capacity retention after 80 cycles TORONTO, ON / ACCESSWIRE / September 23, 2021 / Electrovaya Inc., (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, today announced that its research division, Electrovaya Labs, has produced promising initial test results using a

New product offering with subscription providing recurring revenue TORONTO, ON / ACCESSWIRE / September 22, 2021 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, today announced the launch of EVISION, its internally developed and proprietary remote monitoring system. This new system is cloud-based and is able to

TORONTO, ON / ACCESSWIRE / September 10, 2021 / Electrovaya Inc. (TSX:EFL); (OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading safety, cycle-life and performance, with substantial intellectual property, will be featured as a presenting company at the H.C. Wainwright 23rd Annual Global Investment Virtual Conference. The conference is being held as a virtual conference on September 13-15, 2021. Dr. Sankar DasGupta, of

TORONTO, ON / ACCESSWIRE / September 9, 2021 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading safety, cycle-life and performance, with substantial intellectual property, will be presenting at Cowen's 14th Annual Global Transportation & Sustainable Mobility Conference on Friday September 10th at 8:40am ET. The conference is taking place September 8 - September 10, 2021 and will incorporates

TORONTO, ON / ACCESSWIRE / August 9, 2021 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, today reported its financial results for the fiscal third quarter and nine months ended June 30, 2021 ("Q3 FY2021" and "YTD FY2021", respectively). All dollar amounts are in U.S. dollars unless otherwise noted. Financial

TORONTO, ON/ ACCESSWIRE / August 3, 2021 Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF) today announced that it will release the financial results for the quarter ended June 30, 2021 on Monday August 9th, 2021 after the markets close. CEO Dr. Sankar Das Gupta and EVP & CFO Richard Halka will host a conference call on Tuesday August 10th, 2021 at 8:00 a.m. Eastern Time (ET) to discuss the results and provide a business update. Conference Call

TORONTO, ON / ACCESSWIRE / July 20, 2021 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, today provided a business update. The Company continues to experience strong demand from new and existing customers for its material handling battery products. Some recent business highlights are provided below: -

TORONTO, ON / ACCESSWIRE / July 14, 2021 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL); (OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, has extended the term to maturity of its $6 million promissory notes with a Canadian financial institution from June 30, 2021 to December 31, 2021 and a reduction of the effective interest rate from 11% to 10%. As

New division focused on accelerating innovation in solid state lithium ion batteries TORONTO, ON / ACCESSWIRE / June 23, 2021 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL; OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, today announced that it has established a new operating division: Electrovaya Labs. Electrovaya Labs will be focused on research,

TORONTO, ON / ACCESSWIRE / June 16, 2021 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, announced that the Company and its officers have reached an agreement with the Administrator of Litarion GmbH ("Litarion") to mutually settle all potential claims as part of the termination of Litarion's insolvency

Quarterly revenue increases 50% year-over-year TORONTO, ON / ACCESSWIRE / May 11, 2021 / Electrovaya Inc. ("Electrovaya" or the "Company") (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, today reported its financial results for the fiscal second quarter ended March 31, 2021 ("Q2 FY2021"). All dollar amounts are in U.S. dollars

TORONTO, ON / ACCESSWIRE / May 5, 2021 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF) today announced that it will release the financial results for the quarter ended March 31, 2021 on Tuesday May 11th, 2021 after the markets close. CEO Dr. Sankar Das Gupta and EVP & CFO Richard Halka will host a conference call on Wednesday May 12th, 2021 at 8:00 a.m. Eastern Time (ET) to discuss the results and provide a business update. Conference