Electrovaya Inc. (ELVA)
Electrovaya Inc. operates in the Electrical Equipment & Parts industry of the Industrials sector, headquartered in Mississauga, ON, CA. The stock last traded at $6.35, down 0.63% on the session, giving a market capitalisation of $314.4M. On trailing twelve-month figures it carries a trailing P/E of 64.27, a net margin of 6.2%. Its beta of 0.61 implies it has historically moved less than the broad market.
Electrovaya, Inc. is a lithium-ion battery technology and manufacturing company. engages in designing, developing, and manufacturing proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications. The firm's businesses include lithium-ion batteries to power MHEVs including forklifts and Automated Guided Vehicles, as well as accessories such as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses and other transportation applications; industrial products for energy storage; and specialty applications which require complex power solutions, including competencies in building systems for third parties. The company was founded by Sankar Das Gupta in September 1996 and is headquartered in Mississauga, Canada.
Electrovaya Inc. is most often compared with the following Industrials names: