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Added to YB: 2026-01-08

Pitch date: 2026-01-06

ELVA [neutral]

Electrovaya Inc.

+1.43%

current return

Author Info

No bio for this author

Company Info

Electrovaya Inc. engages in the design, development, manufacture, and sale of lithium-ion batteries, battery management systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications in North America.

Market Cap

CAD 407.2M

Pitch Price

CAD 11.86

Price Target

N/A

Dividend

N/A

EV/EBITDA

60.54

P/E

106.33

EV/Sales

6.63

Sector

Electrical Equipment

Category

growth

Show full summary:
2026 Battery Sector Review: Portfolio Adjustments and New Targets - Electrovaya Inc.

ELVA (watchlist): Ceramic separator tech delivers safer, longer-lasting batteries vs competitors. Achieved first profitability 2024, building US manufacturing. Market leader in materials handling (premium solution, only battery lasting truck lifetime). Targeting autonomous robots & stationary storage for potential 10x returns if replicating forklift success.

Read full article (1 min)