Welcome to our dedicated page for Electrovaya news (Ticker: ELVA), a resource for investors and traders seeking the latest updates and insights on Electrovaya stock.
Electrovaya Inc. (ELVA) develops advanced lithium-ion battery systems for energy storage and clean transportation solutions. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments, technological advancements, and strategic initiatives shaping the company's trajectory in sustainable energy innovation.
Access comprehensive coverage of ELVA's financial results, product launches, manufacturing expansions, and partnership announcements. Our curated news collection delivers essential insights into the company's proprietary Infinity Battery Technology™, North American production capabilities, and applications across material handling, logistics, and critical infrastructure sectors.
Bookmark this page for centralized access to Electrovaya's press releases and market-moving updates. Monitor progress in battery safety innovations, gigafactory developments, and emerging opportunities in renewable energy storage ecosystems.
Electrovaya (NASDAQ:ELVA) reported strong Q3 FY2025 results with revenue increasing 67% year-over-year to $17.1M. The company achieved its ninth consecutive quarter of positive Adjusted EBITDA, which grew 387% to $2.9M, representing 17% of revenue. Net profit reached $0.9M with EPS of $0.02.
The company secured over $21M in new orders during Q3, bringing the nine-month total to $66M. Operational highlights include expanded manufacturing capacity with a second production shift in Mississauga and new assembly operations in Jamestown, NY. Electrovaya is diversifying into new markets including robotics, airport ground equipment, Class 8 trucks, and defense applications.
Management reaffirmed fiscal 2025 revenue guidance to exceed $60M, supported by strong order pipeline and maintained robust gross margins of 30.8%.
Electrovaya (NASDAQ:ELVA) has announced the launch of multiple battery system products for airport ground support equipment (GSE), with first deliveries scheduled for August 2025 to a major USA-based OEM supplier. The battery systems, featuring Electrovaya's proprietary Infinity lithium-ion technology, are designed for various GSE applications including airplane tuggers, baggage tractors, belt loaders, and cargo loaders.
The company's battery systems offer enhanced safety features, industry-leading cycle life, and robust performance in extreme weather conditions. Electrovaya will showcase these new GSE battery systems at the International GSE Expo in Las Vegas from September 16-18, 2025, at Booth #4103.
Electrovaya (NASDAQ:ELVA), a lithium-ion battery technology and manufacturing company, will release its Q3 2025 financial results on Wednesday, August 13, 2025, after market close. The company will host a conference call at 5:00 PM EST the same day.
The conference call will feature CEO Dr. Raj DasGupta and CFO John Gibson, who will discuss financial results and provide a business update. A replay will be available for two weeks until August 27, 2025.
Electrovaya (NASDAQ:ELVA) has announced the launch of multiple battery system products for robotic vehicle platforms, developed in collaboration with three major OEM partners - two from the USA and one from Japan. The battery systems will serve various applications from material handling to surveillance systems.
The customized solutions feature long run times, extended life expectancy, and rapid wireless charging capabilities designed for 24/7 operations. Initial deliveries to all three OEMs will commence in the current quarter, with commercial deliveries expected to accelerate from FY 2026.
Electrovaya (NASDAQ:ELVA) has secured additional US$4.5 million in purchase orders from a Fortune 100 e-commerce company for its Infinity battery systems. The orders, placed through its OEM sales channel, bring the total demand from this customer to over US$20 million in fiscal 2025.
The Infinity battery systems will power material handling electric vehicles across multiple distribution centers. The customer has now deployed over 2,800 Infinity battery systems across more than 50 distribution centers in three countries spanning two continents. Additional orders are under consideration as part of the customer's continued electrification strategy.
Electrovaya (NASDAQ:ELVA) has achieved UL2580 certification for 448 distinct models of its next-generation lithium-ion battery systems. The certification covers 24V, 36V, and 48V batteries, including systems with their current 47Ah cell and new 54Ah cell, which will be manufactured at their Jamestown, New York facility in 2026.
The next-generation batteries feature improved charge rates, energy density, ergonomics, and overall performance. Notably, these models offer the highest energy densities in the material handling industry. The certification process included rigorous safety testing, including fire propagation, vibration, shock, and short circuit testing.
Electrovaya (NASDAQ:ELVA) has signed a Commercial Supply Agreement with Janus Electric Holdings to provide advanced Infinity high voltage lithium-ion battery systems for Class 8 trucks in Australia and US markets. The partnership aims to transform diesel-powered heavy transport vehicles into zero-emission electric trucks using Janus Electric's swappable battery platform.
The battery systems will feature Electrovaya's proprietary Infinity cell technology, known for its superior cycle life, safety, and performance in demanding conditions. The agreement targets the challenging Australian market, where heavy loads are transported over long distances, demonstrating the growing demand for high-performance batteries in commercial vehicles.
Electrovaya (NASDAQ:ELVA), a leading lithium-ion battery technology and manufacturing company, announced its participation in the ROTH 15th Annual-London Conference at the Four Seasons Park Lane in London, UK on June 25-26, 2025.
CEO Dr. Raj DasGupta will engage in one-on-one and small group meetings with European institutional investors to discuss the company's strategic initiatives, technology roadmap, and growth outlook. The participation demonstrates Electrovaya's commitment to engaging with the global financial community.
Electrovaya Inc. (Nasdaq:ELVA)(TSX:ELVA), a lithium-ion battery technology and manufacturing company, has announced an upcoming investor webcast scheduled for June 3, 2025, at 2:00 PM EDT. The presentation will be led by CEO Dr. Raj DasGupta and CFO John Gibson, who will discuss key aspects of Electrovaya's business, including corporate strategy, business model, and industry-leading technology. The event will include an interactive Q&A session where investors can ask questions through a dedicated portal.