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electrovaya Articles

Electrovaya Notes Growing Demand For Batteries And Reports Profitable Quarter

Electrovaya Notes Growing Demand For Batteries And Reports Profitable Quarter

Electrovaya boasts of its first major order for its new 40 Ah lithium-ion cell (Litacell-LC40), developed thanks to acquisition of Litarion in Germany from Evonik.

By Mark Kane Feb 29, 2016

150 kW Battery Energy Storage System Installed In Canada To Prove That Batteries Can Stablize Grid

150 kW Battery Energy Storage System Installed In Canada To Prove That Batteries Can Stablize Grid

Ryerson University in Toronto, Canada begin one-year pilot project with energy storage project.

By Mark Kane Nov 29, 2015

Electrovaya Readies 500 kW Battery Storage System For Con Edison

Electrovaya Readies 500 kW Battery Storage System For Con Edison

Electrovaya announced new product of portable energy storage systems called Transportable Energy Storage System (TESS).

By Mark Kane Sep 29, 2015

Electrovaya Receives €18.5 Million Order

Electrovaya Receives €18.5 Million Order

Electrovaya received an €18.5 million order for lithium-ion battery products and presents idea of non-toxic manufacturing process for Litarion.

By Mark Kane Sep 08, 2015

Electrovaya's Revenues Surge In Q2

Electrovaya's Revenues Surge In Q2

Electrovaya noted revenues of $6 million in the second quarter of 2015.

By Mark Kane Aug 30, 2015

Electrovaya Enters Battery Energy Storage Segment

Electrovaya Enters Battery Energy Storage Segment

Electrovaya announced that Leclanché S.A. and Litarion GmbH, the wholly-owned subsidiary of Electrovaya, have entered into a supply agreement for the manufacture and commercialization of Lithium ion storage systems

By Mark Kane Jun 06, 2015

Electrovaya Acquires Evonik Litarion GmbH And Licensing IP From Evonik

Electrovaya Acquires Evonik Litarion GmbH And Licensing IP From Evonik

Canadian battery manufacturer Electrovaya announced acquisition of Evonik Litarion GmbH together with licensing SEPARION intellectual property "a unique ceramic composite separator" from Evonik.

By Mark Kane May 12, 2015

Electrovaya Increased Revenues To $7.4 Million In FY 2014

Electrovaya Increased Revenues To $7.4 Million In FY 2014

The small Canadian lithium-polymer battery manufacturer Electrovaya announced that in FY 2014 (ending September 30, 2014) revenues increased by 161% year-over-year to $7.4 million.

By Mark Kane Feb 06, 2015

Electrovaya's Targets In Its Own Battery Gigafactory

Electrovaya's Targets In Its Own Battery Gigafactory

Electrovaya announced plans of a transformational acquisition of a state-of-the-art manufacturing plant with capacity of about 0.5 Gigawatt hours (GWh) of lithium ion electrodes and other products. For now, we don't know who is selling this facility or where it exists, but Electrovaya wants to acquire it "at a fraction of the tangible asset value".

By Mark Kane Dec 15, 2014

Electrovaya Receives $1.3 Million Grant For Multiple Energy Storage Systems In Canada

Electrovaya Receives $1.3 Million Grant For Multiple Energy Storage Systems In Canada

Electrovaya announced that it has received a$1.3 million grant award to deliver multiple Intelligent Energy Storage Systems at various locations with Toronto Hydro and London Hydro.

By Mark Kane Nov 27, 2014

Electrovaya Reports Revenue Growth Of 1400 %

Electrovaya Reports Revenue Growth Of 1400 %

Battery manufacturer Electrovaya, supplier of lithium-ion batteries for Dongfeng Motors, announced that revenues in the quarter ending June 30 amounted to $2.131 million. Thanks to a low base, this is 1,400% more than in 2013.

By Mark Kane Aug 28, 2014

Electrovaya Delivers Next-Generation Battery to Dongfeng Motors

Electrovaya Delivers Next-Generation Battery to Dongfeng Motors

Electrovaya has delivered its next generation of prototype battery packs to Dongfeng Motors. Due to ongoing improvements in the cell manufacturing process, this battery has about 20% increased capacity and performance over Electrovaya’s previous DFM prototypes.

By InsideEVs Editorial Team May 17, 2014

Electrovaya Aims For High Revenue Growth; Sees Profit Coming in 2014

Electrovaya Aims For High Revenue Growth; Sees Profit Coming in 2014

Electrovaya Electrovaya, a small lithium-ion battery manufacturer based in Ontario, Canada, sees increasing market demand after a period of low revenues associated with development of its "next generation 2.0 technology": For the last several quarters, Electrovaya has been completing the development of the next generation 2.0 technology. While this has temporarily impact...

By Mark Kane Aug 17, 2013

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