About Electrovaya
Electrovaya is a company based in Mississauga (Canada) founded in 1997 by Sankar Das Gupta. The company has 97 employees as of September 30, 2024. Electrovaya has completed 1 acquisition, including Miljobil Grenland. Electrovaya offers products and services including Infinity Battery Cells and Infinity Battery Systems. Electrovaya operates in a competitive market with competitors including QuantumScape, Factorial Energy, Solid Power, VARTA and Cuberg, among others.
- Headquarter Mississauga, Canada
- Employees 97 as on 30 Sep, 2024
- Founders Sankar Das Gupta
- Stage Public
-
Sectors
Energy & Utilities
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Electrovaya Inc.
-
Annual Revenue
$64.1 M (USD)46.98as on Sep 30, 2025
-
Net Profit
$3.38 M (USD)0as on Sep 30, 2025
-
EBITDA
$7.01 M (USD)342.01as on Sep 30, 2025
-
Latest Funding Round
$1.45 M (USD), Grant
Oct 17, 2024
- Investors
-
Employee Count
97
as on Sep 30, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Electrovaya
Electrovaya is a publicly listed company on the TSX with ticker symbol ELVA in Canada, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Electrovaya
Electrovaya offers a comprehensive portfolio of products and services, including Infinity Battery Cells and Infinity Battery Systems.
Delivers safe NMC-based lithium-ion cells for energy storage applications.
Provides high cycle life batteries for low and high voltage industrial uses.
People of Electrovaya
Unlock access to complete
Unlock access to complete
Funding Insights of Electrovaya
Investors in Electrovaya
Electrovaya has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Government of Canada.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Online platform providing access to a wide range of government services and information
|
Locked | Locked | Locked |
Investor details for Electrovaya
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Electrovaya
Electrovaya has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Miljobil Grenland.
Investment portfolio details for Electrovaya
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Energy storage, electric vehicles, and proprietary battery systems are developed.
|
Locked | Locked | 1997 | Locked |
Complete acquisition details for Electrovaya
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Electrovaya
Detailed financials for Electrovaya
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Electrovaya Comparisons
Peer comparison for Electrovaya
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Electrovaya
Electrovaya operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as QuantumScape, Factorial Energy, Solid Power, VARTA and Cuberg, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Solid-state lithium-metal batteries are manufactured with anode-less cell design.
|
|
| Locked | Locked | Locked |
Sustainable solid-state batteries are developed for vehicles and infrastructure.
|
|
| Locked | Locked | Locked |
Solid-state lithium-ion batteries are developed with solid electrolyte layers.
|
|
| Locked | Locked | Locked |
Lithium-ion batteries and storage systems are manufactured for diverse applications.
|
|
| Locked | Locked | Locked |
Lithium-ion batteries are developed using a patented solid electrolyte.
|
|
| Locked | Locked | Locked |
Manufacturer of thin and flexible lithium-ion batteries
|
Detailed competitors of Electrovaya
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Electrovaya
Complete news archive for Electrovaya
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Electrovaya
Electrovaya was founded in 1997 and raised its 1st funding round 20 years after it was founded.
Electrovaya is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.
Sankar Das Gupta is the current CEO of Electrovaya. They have also founded this company.
As of Sep 30, 2024, the latest employee count at Electrovaya is 97.
Annual revenue of Electrovaya is $64.1M as on Sep 30, 2025.
Electrovaya was established in 1997 in Mississauga, Canada, within the energy storage sector. Lithium-ion batteries and battery management systems are developed and produced for applications in automotive, power grid, medical, and mobile device fields. Operations emphasize integration of these components to support diverse industrial needs, with a focus on reliability and efficiency in power delivery.
Electrovaya's top competitors include Ion Storage Systems, Solid Power and QuantumScape.
Electrovaya offers Infinity Battery Cells and Infinity Battery Systems.
Yes, Electrovaya is publicly traded on TSX under the ticker symbol ELVA.
Electrovaya has made 1 acquisition, including Miljobil Grenland.
Electrovaya has 1 investor. Key investors include Government of Canada.
The ticker symbol of Electrovaya is ELVA on TSX.