Electrovaya Inc.·Industrials
Electrovaya Inc., together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including warehouse forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was incorporated in 1996 and is headquartered in Mississauga, Canada.
Industrials
Electrical Equipment & Parts
97
2010-01-05
0.51

On May 22, 2026, Electrovaya Inc (ELVA) shares rose 5.6% to a current price of $10.86. The stock has shown significant volatility over the past year, with a 52-

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Electrovaya Inc. is positioned for growth with its 800-VDC battery storage system targeting the large-scale data center transition in 2027. ELVA's expansion into defense, robotics, and battery storage offers significant runway but faces competitive and execution risks. Operating leverage is expected as Electrovaya scales, but investors should remain cautious given market timing and competitive pressures.

Electrovaya Inc. (ELVA:CA) Q2 2026 Earnings Call Transcript

Electrovaya NASDAQ: ELVA reported higher fiscal second-quarter revenue and profitability while cautioning that supply chain delays and macroeconomic uncertainty could affect the timing of some customer orders.

Electrovaya Inc. (ELVA) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.02 per share a year ago.