Added to YB: 2026-07-20
Pitch date: 2026-07-17
ELVA [neutral]
Electrovaya Inc.
Author Info
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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 472.2M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
51.91
P/E
90.57
EV/Sales
6.82
Sector
Electrical Equipment
Category
growth
Electrovaya New Amazon Agreement and Investment
ELVA (update): Lithium-ion battery maker (clients: Walmart, Toyota, Home Depot) signed new commercial agreement + warrant deal with Amazon. AMZN gets warrants for 13.88M shares, fully vesting at $280M cumulative purchases. Deals expand into robotics & energy storage — new verticals. Industry-leading solid-state tech, safety/lifespan lead. Core mkt: warehouse forklift fleets poised to benefit from AI/robotics growth.
Read full article (1 min)