EFLVD Stock Price, News & Analysis

Electrovaya Inc. (EFLVD) is a pioneering leader in the global energy transformation, focusing on the prevention of climate change by providing safe and durable lithium-ion batteries. The company specializes in developing and manufacturing lithium-ion batteries and battery systems for energy storage and heavy-duty electric vehicles. With an extensive IP portfolio, Electrovaya offers industry-leading safety and longevity through its Infinity Battery Technology Platform. Their latest product line, Infinity-HV battery systems, targets heavy-duty applications, offering lower liability costs, better warranty coverage, and a lower cost of ownership. The Infinity-HV systems use lithium-ion ceramic cells and have a projected 25-year lifetime, making them the longest-lasting high-voltage batteries available. Safety is a top priority for Electrovaya, and their products are designed with proprietary fire protection technology. The company's advanced battery management system controls the Infinity-HV systems, ensuring optimal performance for users. Electrovaya plans to kick off mass production of the Infinity-HV products at its facility in Jamestown, NY, with initial deliveries of pre-production units expected in the fourth quarter of 2023. The company's commitment to innovation, safety, and sustainability positions it as a key player in the energy storage and electric vehicle industries.