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Electrovaya Inc (ELVA) - Financial and Strategic SWOT Analysis Review

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    SWOT Analysis

  • 53 Pages
  • July 2025
  • GlobalData
  • ID: 3422230
Electrovaya Inc (ELVA) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by the analyst to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:

  • Business description - A detailed description of the company’s operations and business divisions.
  • Corporate strategy - Analyst’s summarization of the company’s business strategy.
  • SWOT Analysis - A detailed analysis of the company’s strengths, weakness, opportunities and threats.
  • Company history - Progression of key events associated with the company.
  • Major products and services - A list of major products, services and brands of the company.
  • Key competitors - A list of key competitors to the company.
  • Key employees - A list of the key executives of the company.
  • Executive biographies - A brief summary of the executives’ employment history.
  • Key operational heads - A list of personnel heading key departments/functions.
  • Important locations and subsidiaries - A list and contact details of key locations and subsidiaries of the company.
  • Detailed financial ratios for the past five years - The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
  • Interim ratios for the last five interim periods - The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Highlights

Electrovaya Inc (Electrovaya) designs, develops, and manufactures lithium-ion batteries and battery systems, either directly or through outsourced manufacturing. The company's main activities include producing battery systems for heavy-duty applications such as Material Handling Electric Vehicles, robotics, construction and mining vehicles, and energy storage systems. Electrovaya's major products include lithium-ion battery systems for forklifts, robotic applications, high voltage systems for electric buses and trucks, and industrial energy storage products. The company's products are primarily used by customers in industries requiring heavy-duty and mission-critical battery applications. It markets its products in Canada, the US, and other countries. Electrovaya's lithium- ion batteries are being used to power electric forklifts in North America. It operates production and R&D facilities in Canada. Electrovaya is headquartered in Mississauga, Ontario, Canada.

Electrovaya Inc Key Recent Developments

  • May 07, 2025: Electrovaya Announces Start of Battery System Manufacturing in Jamestown, NY
  • Apr 17, 2025: Prof. Donald Sadoway of MIT, Joins the Electrovaya Board
  • Mar 31, 2025: Electrovaya Announces Results of Annual Meeting of Shareholders
  • Mar 27, 2025: Electrovaya Receives Additional US$7.3 Million Order for Fortune 100 Customer

Key benefits of buying this profile include:

You get detailed information about the company and its operations to identify potential customers and suppliers.
  • The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.
Understand and respond to your competitors’ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.
  • The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.
Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.
  • Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.
Scout for potential investments and acquisition targets, with detailed insight into the companies’ strategic, financial and operational performance.
  • Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.
Gain key insights into the company for academic or business research.
  • Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.
Note: Some sections may be missing if data is unavailable for the company

Table of Contents

Section 1 - About the Company
  • Electrovaya Inc - Key Facts
  • Electrovaya Inc - Key Employees
  • Electrovaya Inc - Key Employee Biographies
  • Electrovaya Inc - Major Products and Services
  • Electrovaya Inc - History
  • Electrovaya Inc - Company Statement
  • Electrovaya Inc - Locations And Subsidiaries
  • Head Office
  • Other Locations & Subsidiaries
Section 2 - Company Analysis
  • Company Overview
  • Electrovaya Inc - Business Description
  • Product Category: Large Format Batteries
  • Overview
  • Performance
  • Product Category: Other
  • Overview
  • Performance
  • Geographical Segment: Canada
  • Performance
  • Geographical Segment: Other
  • Performance
  • Geographical Segment: United States
  • Performance
  • R&D Overview
  • Electrovaya Inc - Corporate Strategy
  • Electrovaya Inc - SWOT Analysis
  • SWOT Analysis - Overview
  • Electrovaya Inc - Strengths
  • Electrovaya Inc - Weaknesses
  • Electrovaya Inc - Opportunities
  • Electrovaya Inc - Threats
  • Electrovaya Inc - Key Competitors
Section 3 - Company Financial Ratios
  • Financial Ratios - Capital Market Ratios
  • Financial Ratios - Annual Ratios
  • Performance Chart
  • Financial Performance
  • Financial Ratios - Interim Ratios
  • Financial Ratios - Ratio Charts
Section 4 - Company’s Power Financial Deals and Alliances
  • Electrovaya Inc, Clean Technology, Deals By Year, 2019 to YTD 2025
  • Electrovaya Inc, Clean Technology, Deals By Type, 2019 to YTD 2025
  • Electrovaya Inc, Recent Deals Summary
Section 5 - Company’s Recent Developments
  • May 07, 2025: Electrovaya Announces Start of Battery System Manufacturing in Jamestown, NY
  • Apr 17, 2025: Prof. Donald Sadoway of MIT, Joins the Electrovaya Board
  • Mar 31, 2025: Electrovaya Announces Results of Annual Meeting of Shareholders
  • Mar 27, 2025: Electrovaya Receives Additional US$7.3 Million Order for Fortune 100 Customer
  • Mar 27, 2025: Electrovaya Receives Additional US$7.3 Million Order for Fortune 100
  • Mar 06, 2025: Electrovaya Receives Orders From Second Global Japanese Headquartered Construction Equipment OEM
  • Mar 04, 2025: Electrovaya Receives Additional US$4.2 Million Battery Order for Existing Cold Storage Operator
  • Mar 04, 2025: Electrovaya Receives Additional Us$4.2 Million Battery Order for Existing Cold Storage Operator
  • Mar 03, 2025: Electrovaya to Launch Battery Assembly in Jamestown by April 2025
  • Mar 03, 2025: Electrovaya Announces April 2025 Startup for Jamestown Battery System Assembly Operations
Section 6 - Appendix
  • Methodology
  • Ratio Definitions
  • About the Analyst
  • Contact the Publisher
  • Disclaimer
List of Tables
  • Electrovaya Inc, Key Facts
  • Electrovaya Inc, Key Employees
  • Electrovaya Inc, Key Employee Biographies
  • Electrovaya Inc, Major Products and Services
  • Electrovaya Inc, History
  • Electrovaya Inc, Other Locations
  • Electrovaya Inc, Subsidiaries
  • Electrovaya Inc, Key Competitors
  • Electrovaya Inc, Ratios based on current share price
  • Electrovaya Inc, Annual Ratios
  • Electrovaya Inc, Interim Ratios
  • Electrovaya Inc, Clean Technology, Deals By Year, 2019 to YTD 2025
  • Electrovaya Inc, Clean Technology, Deals By Type, 2019 to YTD 2025
  • Electrovaya Inc, Recent Deals Summary
  • Currency Codes
  • Capital Market Ratios
  • Equity Ratios
  • Profitability Ratios
  • Cost Ratios
  • Liquidity Ratios
  • Leverage Ratios
  • Efficiency Ratios
List of Figures
  • Electrovaya Inc, Performance Chart (2020 - 2024)
  • Electrovaya Inc, Ratio Charts
  • Electrovaya Inc, Clean Technology, Deals By Year, 2019 to YTD 2025
  • Electrovaya Inc, Clean Technology, Deals by Type, 2019 to YTD 2025

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Saft Groupe SA
  • LG Chem Ltd
  • Leyden Energy Inc.
  • EnerSys
  • EnerDel Inc