Electrovaya Inc. (ELVA.TO) Research

Electrovaya Inc., along with its subsidiaries, is actively engaged in the research, engineering, and production of sophisticated lithium-ion battery technology and comprehensive battery systems throughout North America. The company's diverse offerings include advanced lithium-ion batteries and full systems, complemented by charging units, specifically engineered for electric material handling equipment such as warehouse forklifts and automated guided vehicles. Electrovaya also delivers electromotive power products for a range of electric transport applications, including trucks and buses, alongside industrial solutions for energy storage. Additionally, it develops customized power systems, like building solutions, for external partners. Established in 1996 as Electrofuel Inc., the company adopted its current name, Electrovaya Inc., in March 2002, and its corporate headquarters are located in Mississauga, Canada.

Market snapshot

Symbol
ELVA.TO
Price
$14.49
Day change
-1.90%
Market cap
$407.3M
P/E ratio
102.66x
52-week range
4.22-17.62
Sector
Industrials
Industry
Electrical Equipment & Parts
Next earnings
in 2 months

Peer companies

  • Anaergia Inc. (ANRG.TO)
  • DIRTT Environmental Solutions Ltd. (DRT.TO)
  • Exro Technologies Inc. (EXRO.TO)
  • Firan Technology Group Corporation (FTG.TO)
  • Tantalus Systems Holding Inc. (GRID.TO)
  • Gatekeeper Systems Inc. (GSI.V)
  • Hammond Manufacturing Company Limited (HMM-A.TO)
  • K-Bro Linen Inc. (KBL.TO)

Open Electrovaya Inc. (ELVA.TO) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.