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 / TSX:ELVA) announced that director and chairman Dr. Sankar Das Gupta exercised 1,420,000 warrants to acquire 1,420,000 common shares at an exercise price of $0.90 per share on January 20, 2026.
Immediately prior to the exercise he held 10,270,751 shares (~21.40%), and following the exercise he holds 11,690,751 shares (~23.66%). He still holds 605,000 options; if those options are later exercised (and assuming no other issuances), his ownership would reach 12,295,751 shares (~24.58%). The company provided contact details for investor relations for the corresponding regulatory report.
Electrovaya (NASDAQ:ELVA) reported FY2025 results with record revenue $63.8M (up 43% YoY) and Adjusted EBITDA of $8.8M (up 115% YoY). The company recorded its first annual net profit $3.3M ($0.09/share) and generated positive operating cash of $1.7M. Closing cash was $6.4M, and the company subsequently raised $28.1M via equity.
Operationally, Electrovaya expanded product lines for robotics, GSE and ESS, advanced Jamestown manufacturing with EXIM drawdowns, secured large customer orders across multiple geographies, and obtained new financing including an up-to-$25M BMO ABL and a $51M EXIM loan. FY2026 revenue guidance targets >30% growth (> $83M) but may include deferred revenue into FY2027.
Electrovaya (NASDAQ:ELVA) will file and release its fourth quarter and fiscal year results for the period ended September 30, 2025 after market close on Wednesday, December 10, 2025. A conference call and webcast hosted by CEO Dr. Raj DasGupta and CFO John Gibson will follow at 5:00 p.m. Eastern Time on the same day to discuss results and provide a business update.
Conference dial-in and webcast details are provided, with a live replay available from December 10–24, 2025. Investor contact: Jason Roy, VP Corporate Development and Investor Relations.
Electrovaya (NASDAQ:ELVA) provided a business update on November 19, 2025, reporting continued drawdowns under its EXIM direct loan to support the Jamestown, New York, lithium-ion cell and battery manufacturing facility build-out and related equipment procurement and commissioning.
The company confirmed recent open-market insider purchases by its CEO and CFO and said it will deploy proceeds from its November 6, 2025 equity offering toward rapid-charging upgrades to the Infinity battery platform, separator technology, solid-state R&D, and expansion of its Energy-as-a-Service program. Electrovaya expects to release FYQ4 financial results during the week of December 8, 2025.
Electrovaya (NASDAQ:ELVA) announced that CEO Dr. Raj DasGupta will participate in three investor conferences in November–December 2025.
Events include the 15th Annual Craig-Hallum Alpha Select Conference on Nov 18, 2025 in New York, the 17th Annual Southwest IDEAS Conference on Nov 19, 2025 in Irving, TX, and the 13th Annual UBS Global Industrials & Transportation Conference on Dec 1–4, 2025 in Manalapan, FL.
Electrovaya (NASDAQ:ELVA / TSX:ELVA) closed an oversubscribed public offering on November 6, 2025, issuing a total of 5,405,000 common shares (4,700,000 base shares plus a fully exercised 705,000 overallotment) at US$5.20 per share for aggregate gross proceeds of approximately US$28.1 million.
The company said it intends to use net proceeds for energy-as-a-service initiatives, investment in next-generation battery and separator R&D, and for working capital and general corporate purposes. Oppenheimer acted as sole book-running manager; Raymond James was lead manager; H.C. Wainwright and Roth Capital Partners were co-managers. The offering was filed under the company’s Form F-10 registration and final prospectus supplement.
Electrovaya (NASDAQ:ELVA / TSX:ELVA) priced an oversubscribed public offering of 4,700,000 common shares at US$5.20 per share with a 30-day over-allotment option for an additional 705,000 shares. Gross proceeds are expected to be approximately US$24.4 million, or about US$28.1 million if the over-allotment is exercised in full. The Company said it intends to use net proceeds for energy-as-a-service investments, next-generation battery and separator R&D, and working capital and general corporate purposes.
The offering is expected to close on or about November 6, 2025, subject to customary closing conditions including listing of the issued shares on the Toronto Stock Exchange and the Nasdaq Capital Market. Oppenheimer acted as sole book-running manager.
Electrovaya (NASDAQ:ELVA, TSX:ELVA) announced a proposed underwritten public offering of common shares on November 4, 2025. The Company said it may grant underwriters a 30‑day option to purchase up to an additional 15% overallotment. The U.S. shelf registration was declared effective September 25, 2024 and the Canada base shelf is dated September 17, 2024; prospectus supplements will be available within two business days on SEC and SEDAR+.
The company intends to use net proceeds for energy-as-a-service, next‑generation battery and separator R&D, and working capital. Oppenheimer is sole book‑running manager and Raymond James is lead manager. Closing is subject to customary conditions, including TSX and NASDAQ listing approvals; final size and price will be set at pricing.
Electrovaya (NASDAQ:ELVA) announced the formation of a Japanese subsidiary, Electrovaya Japan, on October 31, 2025 to expand commercial activities and support a growing customer base and strategic partners in Japan.
The local entity will facilitate customer support, technical integration, and business development for Electrovaya's Infinity Battery Technology, and is positioned to deepen relationships with Japanese OEMs and target robotics, heavy industrial equipment, and energy-storage applications.
Electrovaya (NASDAQ:ELVA / TSX:ELVA) ranked 3rd in Deloitte Canada's Technology Fast 50 Enterprise‑Industry Leaders on October 24, 2025, reporting a 3‑year growth of 383%.
The Enterprise category is limited to companies with minimum revenue of C$50 million in 2024 (and at least C$10 million in 2021); this is Electrovaya's third consecutive year on the Fast 50 and its first inclusion in the Enterprise category.
Management attributes growth to early commercialization and rising adoption of its Infinity Battery across material handling, robotics, defense, and AI datacenter infrastructure.