Electrovaya Inc. (ELVA)

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.

Market
Nasdaq
Sector
Industrials
Trend
Downtrend
Last close
6.9 (+2.22% on the day)
MA50
8.34
MA200
8.53
52-week range
4.23–12.26
Market cap
329.2M USD
P/E
66.5
Dividend yield
0%
Data as of
2026-09-04
Quarterly revenue and earnings, millions
QuarterRevenueYoY %EarningsYoY %
Q1 2025150.8
Q2 202517.10.9
Q3 202520.32
Q4 202515.61
Q1 202618.120.2%122.9%

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