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. (NASDAQ: ELVA, TSX: ELVA) generates frequent news as a lithium-ion battery technology and manufacturing company focused on its proprietary Infinity Battery Technology. News coverage for ELVA often highlights developments in energy storage, clean electric transportation, heavy duty electric vehicles, industrial equipment, robotics, defense and other mission-critical applications that use the company’s batteries and systems.
On this page, readers can follow Electrovaya news related to financial performance, technology milestones and strategic initiatives. Recent press releases have included record fiscal-year results with the company’s first reported profitable year, updates on revenue growth, and details about equity offerings and credit facilities used to support manufacturing expansion, research and development, and recurring-revenue programs such as energy-as-a-service and aftermarket services.
ELVA news also covers technology and product updates, such as new battery solutions for robotics, airport ground support equipment, stationary energy storage systems and heavy industrial equipment. The company has reported progress on rapid-charging architectures, next-generation ceramic separators and solid-state battery development at its Labs division, as well as certifications and new product platforms for high-intensity applications.
Investors and followers of Electrovaya can also find announcements about the build-out of its Jamestown, New York manufacturing facility, the establishment of Electrovaya Japan to support customers and partners in Japan, and participation in industry and investor conferences. This news feed provides a centralized view of company announcements, allowing users to track how Electrovaya is executing on its manufacturing, commercialization and technology roadmap over time.
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.
Electrovaya (Nasdaq:ELVA) announced preliminary unaudited revenue estimates of >$20 million for Q4 FY2025 and ~$64 million for FY2025, both records. The company reported ~72% year‑over‑year growth for the quarter and ~43% annual growth versus the prior year. Q4 revenue was driven mainly by battery systems for material handling, plus battery module deliveries to a major construction vehicle OEM in Japan and robotic application customers. Electrovaya expects audited FY2025 financial statements in the first half of December 2025 and cautioned the preliminary results are subject to audit adjustments and may change.
Electrovaya (NASDAQ:ELVA) has initiated drawdowns on its $50.8 million EXIM debt facility for its Jamestown, NY battery manufacturing facility. The facility features a 4.90% fixed interest rate with a 6.5-year term, including 6 months without payments, followed by 12 months of interest-only payments.
The company reports progress in its Jamestown site construction, including completed design reviews of assembly processes and equipment customized for Electrovaya's Infinity lithium-ion technology. Additionally, Marvin Lee, a senior engineering executive with 25+ years of experience from GM, Renault, and LG Energy Solution, has joined to support manufacturing operations.
The company is expanding its engineering team in Jamestown, while Prof. Donald Sadoway has stepped down from the Board due to potential conflicts of interest.
Electrovaya (NASDAQ:ELVA) has announced the commercial launch of its next-generation Energy Storage Systems (ESS) featuring proprietary Infinity Technology. The systems will be manufactured at their vertically integrated facility in Jamestown, New York, offering over 2MWh of storage capacity in a 20' containerized format.
The ESS products deliver industry-leading cycle life, enhanced safety features, and lower lifecycle costs. Being manufactured in the USA, the systems are expected to qualify for 30-40% Investment Tax Credits under the One Big Beautiful Bill Act. Initial deployments are scheduled for 2026, with larger-scale deliveries planned for 2027.
Electrovaya (NASDAQ:ELVA) has successfully delivered its first custom battery modules to a Japanese construction equipment OEM. The new modules feature a 51Ah cell format with Electrovaya's proprietary Infinity technologies, designed to enhance safety and cycle life performance. The 1.5 kWh modules have received UN38.3 certification from TÜV SÜD.
The company's upcoming Jamestown, New York manufacturing facility will be equipped to produce both the new 51Ah cell format and their existing 54Ah format, responding to anticipated market demand. This development strengthens Electrovaya's position in the industrial and heavy-duty vehicle market, with further opportunities expected in Japan through Sumitomo Corporation Power and Mobility.
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%.