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. develops and manufactures lithium-ion battery systems built around its proprietary Infinity Battery Technology for mission-critical industrial, robotics, defense and energy-storage applications. Recurring announcements cover battery systems for material-handling vehicles, including walkie pallet jacks and high-voltage platforms, as well as customer purchase orders through OEM channels and product safety certifications such as UL 2580.
The company also reports quarterly financial results, investor webcasts, annual meeting outcomes and technology-development work for energy-storage uses such as data centers. Its updates describe U.S. manufacturing expansion at its Jamestown, New York site and Canadian activities focused on research, engineering and product commercialization.
Electrovaya (NASDAQ:ELVA) announced the launch of ElvaPulse™ 1500, a high-power stationary battery energy storage platform targeting data centers, AI infrastructure and other mission-critical power applications. Built around a modular 20-foot container with a 1500 VDC architecture, the system provides up to 2.88 MWh of nominal energy and can be configured for approximately 7 MW of continuous power, enabling full discharge in under 30 minutes.
The platform leverages Electrovaya’s Infinity Battery Technology and is being developed for applications requiring enhanced safety, rapid power delivery and long cycle life. Certification under UL 1973 and UL 9540 is targeted for Q1 2027, with initial deliveries planned for Q2 2027 from the company’s Jamestown, New York facility. ElvaPulse is designed to support Section 48E Investment Tax Credit domestic-content eligibility, and Electrovaya is already accepting production reservations and engaging hyperscale and energy developers.
Electrovaya (Nasdaq:ELVA) reported Q2 FY 2026 revenue of $18.0M, up 20% year over year, with gross margin of 33.4%. Adjusted EBITDA was $2.8M and net profit $1.0M or $0.02 per share.
For the first six months, revenue reached $33.6M (+28% YoY), net profit $2.1M, and operating cash flow $4.3M. Cash stood at $20.4M. The company guides FY 2026 revenue to exceed $83M, implying growth above 30% versus FY 2025.
Electrovaya (Nasdaq:ELVA) will release its Q2 2026 financial results for the quarter ended March 31, 2026, after market close on Thursday, May 14, 2026. A conference call and webcast with CEO Dr. Raj DasGupta and CFO John Gibson will follow at 5:00 p.m. ET the same day.
Dial-in, participant code, webcast link, and replay details (available May 14–28, 2026) were provided for investors and media.
Electrovaya (NASDAQ:ELVA) launched the Infinity lithium-ion battery systems for Class III walkie pallet jack material handling vehicles, offered in 108 Ah (2.8 kWh) and 162 Ah (4.1 kWh) capacities with pack widths of 5.5" to 9" and onboard chargers of 650W or 1200W.
The product line aims to let customers precisely configure batteries to application needs; Electrovaya will display a walkie pallet jack battery at MODEX 2026 in booth #B11411.
Electrovaya (NASDAQ:ELVA) is partnering on a U.S. Department of Energy-funded project to design and demonstrate a 1.2 MWh battery system for data center applications. The effort is supported by a $5 million DOE CiFER award and will install the system at Binghamton University's ES2 test facility.
Electrovaya will supply its Infinity Battery Technology to demonstrate peak shaving, backup power, load management, safety, and a domestically aligned, scalable architecture with industry partners including Eaton and PNNL.
Electrovaya (NASDAQ:ELVA) announced it completed UL 2580 safety certification for six models of its next-generation high-voltage lithium-ion battery systems on March 10, 2026. The certified platforms use Electrovaya's Infinity Battery Technology and an advanced thermal management system for heavy-duty, all-season material handling vehicles.
The certification included fire propagation, vibration, mechanical shock, short-circuit, and destructive abuse tests and is presented as the first high-voltage UL2580 certification in the company’s target segment, reinforcing its safety and product leadership for industrial electrification.
Electrovaya (NASDAQ:ELVA) reported results from its 2025 Annual General Meeting held February 27, 2026. All director nominees were elected with strong support, auditors MNP LLP were reappointed, a stock-option increase was approved, and a proposal to domesticate the company to the United States passed.
Key votes: director approvals >98.7%, option-plan increase 88.29% for, domestication 99.79% for.
Electrovaya (NASDAQ:ELVA) will host an investor webcast on March 5, 2026 at 2:00 PM EST. The presentation, led by CEO Dr. Raj DasGupta and CFO John Gibson, will cover corporate strategy, business model, and the company's lithium-ion technology, followed by an interactive Q&A for investors.
Registration is available via the provided webcast link; Jason Roy is the investor and media contact.
Electrovaya (NASDAQ:ELVA) received approximately $10.5 million in purchase orders on February 24, 2026, from a Fortune 500 U.S. customer through its OEM sales channel.
The orders cover Infinity battery systems for material-handling electric vehicles at multiple distribution centers, and the company says additional orders are anticipated as the customer advances electrification.
Electrovaya (Nasdaq:ELVA) reported Q1 FY2026 results for quarter ended Dec 31, 2025: revenue $15.5M (+39% YoY), gross margin 32.9%, Adjusted EBITDA $2.0M (+265% YoY), and net profit $1.0M ($0.02/share). Cash balance was $22.7M. Management reaffirmed FY2026 revenue guidance above $83M (>30% growth) and highlighted progress on ultra-fast charging cells, 800V systems, Jamestown manufacturing expansion, and new OEM deliveries.
Company expects sampling of ultra-fast cell in 2026 and commercialization in 2027; Jamestown equipment deliveries and hiring underway.