Electrovaya
Electrovaya is a Canadian company specializing in advanced battery technologies, including its proprietary Infinity Battery Technology and Solid-State Battery Technology, with significant operations in both Canada and the USA.
Electrovaya Services
Electrovaya offers advanced Infinity Battery Technology and Solid-State Battery Technology solutions. The company specializes in producing high-performance Infinity Battery Cells using their proprietary Lithium Ion Ceramic Technology. The services cater to diverse industrial applications, ensuring reliability and safety with UL-certified standards.
Electrovaya Products
Electrovaya produces Infinity Battery Cells that incorporate NMC-based Lithium-ion technology. These cells are known for their longevity, being industry leaders in cycle life. The company also focuses on developing Solid State Hybrid Battery Technology. Additionally, Electrovaya employs solvent-free coating technologies in their production process, contributing to their commitment to safety and environmental standards.
Electrovaya Facilities
Electrovaya operates a state-of-the-art facility in Mississauga, Ontario, Canada. In addition, they have a Gigafactory located in Jamestown, New York, USA, which significantly enhances their production capabilities. These facilities are pivotal in supporting the company's growth and technological innovations in battery technology.
Electrovaya Revenue Growth
Electrovaya has demonstrated significant financial growth, achieving more than 100% annual revenue growth from FY2022 to FY2023. This impressive growth is attributed to their innovative technologies and expanding market presence.
Electrovaya Patents and Environmental Impact
Electrovaya holds over 100 patents, underscoring its commitment to innovation in the battery technology sector. Furthermore, as of July 2023, the company has contributed to the reduction of 143,493 tonnes of greenhouse gas emissions, showcasing its impact on environmental sustainability.