News
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PRESS RELEASE
Electrovaya Provides a Shareholder Update including Unaudited Preliminary FY2024 Annual Financial Results and Positive Outlook for 2025
Electrovaya Inc. reports unaudited FY2024 revenue estimate of $45 million with 31% gross margin, anticipates improved FY2024 operating profit and FY2025 revenues exceeding $60 million driven by renewed demand from largest end users. US EXIM Bank approves $51 million direct loan for Jamestown battery manufacturing expansion -
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PRESS RELEASE
Electrovaya Receives Follow On Orders for High Voltage Battery Systems from Global Aerospace and Defense Company Following Extensive Testing
Electrovaya's Infinity-HV battery systems demonstrate exceptional performance and reliability for mission critical defense applications, leading to a follow-on order. The Company plans to increase manufacturing capacity in New York -
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PRESS RELEASE
The Export-Import Bank of the United States (EXIM) Approves a direct loan in the amount of $50.8 million to fund Electrovaya's Jamestown Lithium-Ion Battery Expansion
Electrovaya secures US$50.8 million loan from EXIM's Make More in America initiative to fund battery manufacturing buildout in Jamestown, New York, aiming to expand capacity and support domestic production
