Electrovaya Inc. Reports on Recent Developments

Electrovaya Inc., a technology-driven company based in Canada, has been making strides in the electrical equipment sector with its focus on the design, development, and manufacturing of proprietary Lithium-ion batteries and related products. The company, which operates production facilities in Canada, serves a global customer base and is listed on the Toronto Stock Exchange.

As of July 24, 2025, Electrovaya’s stock closed at CAD 6.16. This price reflects a recent fluctuation within the year, with the stock reaching a 52-week high of CAD 6.48 on July 23, 2025, and a low of CAD 2.54 on September 8, 2024. The company’s market capitalization stands at CAD 188,300,000.

Despite its innovative contributions to energy storage and clean electric transportation, Electrovaya’s financial metrics indicate challenges. The company’s price-to-earnings ratio is currently at -1040, suggesting that it is not generating profits at this time.

Electrovaya continues to focus on its core offerings, which include battery systems and products for specialized applications. For more detailed information on their initiatives and offerings, interested parties can visit their website at www.electrovaya.com .

As the company navigates the complexities of the electrical equipment industry, it remains committed to advancing its technology and expanding its global reach.