Electrovaya

{{Infobox company

| name = Electrovaya

| logo = Electrovaya_logo.png

| image_size = 250px

| type = Public

| traded_as = {{unbulleted list|{{TSX|ELVA}}|{{NASDAQ|ELVA}}}}

| founders = {{unbulleted list | Dr. Sankar Das Gupta|Dr. Jim Jacobs}}

| founded = 1996

| key_people = {{unbulleted list | Dr. Sankar Das Gupta
{{small |(Executive Chairman)}}}}

| industry = Litihum-ion battery

| num_employees = 53 {{small|(December 2019)}}

| subsid = {{unbulleted list | Evonik Litarion GmbH | Miljobil Grenland AS}}

| location_city = Mississauga, Ontario

| location_country = Canada

| homepage = {{URL|electrovaya.com}}

}}

Electrovaya Inc. is a developer and manufacturer of Lithium-ion batteries and battery systems for the automotive, warehousing, autonomous guided vehicles, and energy storage applications. The company has operations in NY State and based in Ontario, Canada.

Overview

The company was founded by Dr. Sankar Das Gupta and Dr. Jim Jacobs in 1996 after beginning their research into battery technologies in 1983. The company went public in 2000, and is listed on the Toronto Stock Exchange and the Nasdaq Stock Market under the symbol ELVA.

Electrovaya owns over 100 patents (issued and pending) pertaining to electrode and electrolyte materials, battery architectures, battery system designs, battery management systems, and battery manufacturing methods.{{Cite web |date=10 December 2020 |title=Electrovaya Corporate Presentation |url=http://electrovaya.com/wp-content/uploads/2020/12/EVPresentation-3.pdf |archive-url=https://web.archive.org/web/20210104034923/http://electrovaya.com/wp-content/uploads/2020/12/EVPresentation-3.pdf |archive-date=4 January 2021 |access-date=22 December 2020 |website=Electrovaya}}{{Cite web |url=https://www.google.com/search?q=electrovaya&tbm=pts&start=0| title=Patent Search|website=Google |date=24 December 2020|access-date=24 December 2020}}

In addition to developing batteries for electric vehicle and grid storage applications, Electrovaya were among the first developers of mobile battery chargers for electronic devices, releasing the Powerpad in 2001.{{Cite web |url=https://www.tomshardware.com/reviews/notebook-battery-external-power-supply,2821-8.html | title=Electrovaya Powerpad|website=Tom's Hardware |date=9 March 2011 |access-date=23 December 2020}}{{Cite web |url=https://www.cnet.com/reviews/electrovaya-powerpad-160-review/| title=Electrovaya Powerpad|website=CNET |date=4 April 2004 |access-date=23 December 2020}} This technology was the predecessor to the battery used in the Scribbler tablet computer series.{{Cite web |url=https://www.anandtech.com/show/1087 | title=Electrovaya powers the Scribbler Tablet|website=Anandtech |date=18 March 2003|access-date=22 December 2020}}{{Cite web |url=https://www.cnet.com/products/electrovaya-scribbler-tablet-pc-sc-2100-12-1-pentium-m-win-xp-tablet-pc-768-mb-ram-60-gb-hdd/| title=Electrovaya Scribbler Tablet|website=CNET |access-date=23 December 2020}} Electrovaya technology has also been used by NASA in their EMU system.{{Cite web |url=http://batteryworkshop.msfc.nasa.gov/presentations/05_Pouch%20Corr_Invstgtn_Status_JWeintritt.pdf |title=Archived copy of NASA battery projects |access-date=2013-11-27 |archive-url=https://web.archive.org/web/20131203132012/https://batteryworkshop.msfc.nasa.gov/presentations/05_Pouch%20Corr_Invstgtn_Status_JWeintritt.pdf |archive-date=2013-12-03 |url-status=dead }}

Since 2018, the company has focused primarily on heavy duty vehicle applications which includes material handling and other applications.

Electric vehicles

File:Dsc02870 (3290638595).jpg

File:Electrovaya_lift_truck_battery.jpg

In 2003, Electrovaya released the Maya-100, a prototype Zero-emissions vehicle powered by lithium-ion batteries.{{Cite web |url=https://eepower.com/news/electrovaya-to-exhibit-maya-100-electric-zev/#| title=Electrovaya Releases the Maya-100|website=eepower.com |date=16 November 2003 |access-date=23 December 2020}} The Maya-100 debuted at the 20th International Electric Vehicle Symposium at Long Beach, CA, and won the Technology Innovation Award at the Tour de Sol in 2004.{{Cite web |url=http://www.autoauditorium.com/TdS_Reports_2004/| title=Tour de Sol 2004 Report|website=Auto Auditorium |date=6 May 2004 |access-date=23 December 2020}} In January 2008, Electrovaya launched the prototype Maya-300, a low-speed electric car for city driving.{{cite web|url=https://www.greencarcongress.com/2008/01/electrovaya-lau.html|title=Electrovaya Launches Maya-300 Low-Speed Electric Vehicle; Using ExxonMobil Separator in Batteries|website=Green Car Congress |date=23 January 2008|access-date=22 December 2020}}

= Tata Indica EV =

Electrovaya has partnered with Tata Motors and Miljø Grenland/Innovasjon to manufacture batteries and electric cars using Electrovaya's Lithium Ion SuperPolymer battery technology.{{cite web|url=https://www.greencarcongress.com/2008/10/electrovaya-par.html|title=Electrovaya Partners with Tata Motors and Miljø to Launch Electric Car and Battery Production in Norway|website=Green Car Congress |date=14 October 2008|access-date=22 December 2020}} The Tata Indica EV was scheduled to be launched in Norway in 2009 and India in 2010, projected to have a {{convert|200|km|abbr=on}} range on a full charge and a top speed of {{convert|105|km/h}}.{{Cite web |url=https://www.autocar.co.uk/car-news/industry/tata-gets-10m-uk-loan |title=Tata Indica EV can go 200 km on a single charge with a top speed of 105 km/h|website=Autocar.co.uk |date=18 September 2009|access-date=22 December 2020}}

= Daimler =

Electrovaya purchased Daimler's 700 MWh/year battery factory in Europe in 2015 {{cite web|url= https://www.bloomberg.com/news/articles/2016-06-30/tiny-battery-company-electrovaya-is-taking-on-tesla-panasonic-iq2g2hdi |title=Tiny Battery Company Electrovaya Is Taking on Tesla, Panasonic|work=Bloomberg.com |date=30 June 2016|access-date=7 December 2016}} to produce batteries for Daimler's Smart electric drive car from 2015 to 2018.{{Cite web |url=https://www.plant.ca/features/165779/|title=Daimler's Battery Plant|website=Plant.ca |date=20 February 2017|access-date=22 December 2020}}

= Electric Lift-Trucks=

In 2017, Electrovaya released heavy-duty Li-ion batteries designed for near continuous use in electric lift-trucks.{{Cite web |url=https://eepower.com/news/lithium-ion-ceramic-drop-in-replacement-forklift-battery/|title=Electrovaya ELivate|website=eepower.com |date=13 April 2017|access-date=23 December 2020}} In 2019 and 2020, the Raymond Corporation (a 100% subsidiary of Toyota) announced strategic agreements to use Electrovaya batteries as part of their electric forklift and battery product line.{{Cite web |url=https://ca.sports.yahoo.com/news/raymond-electrovaya-announce-strategic-supply-051000378.html|title=Electrovaya/Raymond Agreement|website=Yahoo.com |date=18 December 2020|access-date=23 December 2020}}

= Autonomous Guided Vehicles=

Electrovaya developed and produced batteries suitable for smart-charging Autonomous guided vehicles, and partnered with Jabil to release an autonomous robot at ProMat 2019.{{Cite web |url=https://www.newswire.ca/news-releases/electrovaya-and-badger-technologies-to-display-autonomous-robot-at-promat-2019-850345797.html|title=Jabil AGV|website=Newswire |date=26 March 2019|access-date=23 December 2020}}

Energy Storage Systems

File:Electrovaya_containerized_battery.jpg system in downtown Toronto]]

In 2013, Electrovaya delivered 25 stationary battery energy storage systems to Scottish and Southern Electricity Networks ranging from 12 to 80 kWh for integrating renewable energy into power grids.{{Cite press release |url=https://www.globenewswire.com/news-release/2013/09/12/573140/10048324/en/Electrovaya-Receives-Purchase-Order-for-Lithium-Ion-SuperPolymer2-0-r-Systems-for-Smart-Grid-Project-in-the-UK.html|title=SSE Energy Storage|website=Globe Newswire |date=12 September 2013|access-date=23 December 2020}}

In 2015, Electrovaya installed a 450 kWh energy storage system for Glencore's microgrid at a remote mine in Northern Canada, allowing the use of alternate energy sources and reducing the use of diesel generators.{{Cite press release |url=https://www.globenewswire.com/news-release/2015/01/29/701271/10117724/en/Electrovaya-delivers-Lithium-Ion-2-0-battery-system-for-Energy-Storage-and-Reduction-of-Diesel-Consumption-at-Glencore-Raglan-Mine.html|title=Glencore Mines|website=Globe Newswire |date=29 January 2015|access-date=23 December 2020}}

In 2016, Electrovaya completed a pilot project with Toronto Hydro to develop a containerized 600 kWh battery to balance grid loads.{{Cite web |url=https://www.ryerson.ca/cue/news-events/blog/2016/09/next-big-thing-campus-toronto-hydro-pilots-large-scale-energy-storage-system/|title=Toronto Hydro Storage project|website=Ryerson.ca |date=21 September 2016|access-date=23 December 2020}}

Electrovaya also developed a transportable energy storage system for ConEdison capable of storing 800 kWh of energy to use during grid blackouts.{{Cite web |url=https://www.greencarcongress.com/2015/09/20150914-evaya.html|title=ConEd Grid Backup|website=GreenCarCongress |date=14 September 2015|access-date=23 December 2020}}