Electrovaya designs and manufactures advanced lithium-ion battery systems, with a strong focus on industrial electric vehicles such as forklifts and material-handling equipment. Its cells and packs emphasize safety, cycle life and total cost of ownership for fleet operators that need reliable power for multi-shift warehouse use. Customers are typically OEMs and industrial fleets rather than passenger EV mass markets.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 17.1 | — | 0.9 | — |
| Q3 2025 | 20.3 | — | 2 | — |
| Q4 2025 | 15.6 | — | 1 | — |
| Q1 2026 | 18.1 | — | 1 | 26.8% |
| Q2 2026 | 17.7 | 3.4% | 0.3 | -66.4% |
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