TORONTO, ON / ACCESS Newswire / October 31, 2025 / Electrovaya Inc. (“Electrovaya” or the “Company”) (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced the formation of a subsidiary in Japan. The new company, Electrovaya Japan, will serve as a local platform to expand the company's commercial activities and support its growing customer base and strategic relationships throughout the Japanese market.
In recent years, Electrovaya has built strong partnerships and successfully sold advanced battery products to customers in Japan in both the local and global markets. The establishment of a local subsidiary marks the next phase of the company's international growth strategy and enables closer collaboration with Japanese OEMs, business and technology partners.
“Japan has been an important and growing market for Electrovaya,” said Dr. Raj DasGupta, CEO of Electrovaya. “We have already achieved success with customers in Japan, and establishing a local subsidiary enables us to deepen these relationships and expand into new high-growth areas, including robotics, heavy industrial equipment and energy storage applications.”
The Japanese subsidiary is expected to facilitate Electrovaya's customer support, technical integration and business development Infinity battery technologythat delivers exceptional durability, safety and energy efficiency for mission-critical applications such as material handling, robotics and energy storage.
Electrovaya continues to explore additional strategic initiatives to further accelerate its global expansion and strengthen its presence in key international markets.
Contact with investors and media :
Jason Roy
Vice President, Corporate Development and Investor Relations
Electrovaya Inc.
905-855-4618 / jroy@electrovaya.com
About Electrovaya Inc.
Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA) is a pioneer in the global energy transition and is focused on helping prevent climate change by providing safe, long-lasting lithium-ion batteries. The company has extensive intellectual property and designs, develops and manufactures proprietary lithium-ion batteries and battery systems for energy storage and heavy-duty electric vehicles based on its Infinity Battery Technology Platform. This technology provides increased security and industry-leading battery life. In addition, the company is developing next-generation solid-state battery technology in its laboratory department. Headquartered in Ontario, Canada, Electrovaya has two operating locations in Canada and has acquired a 52-acre site with a 135,000-square-foot manufacturing facility in New York State for its planned Gigafactory. To learn more about Electrovaya, please visit www.electrovaya.com.
Forward-Looking Statements
This press release contains forward-looking statements regarding announcements of the establishment of a subsidiary in Japan, sales and strategic activities with Japanese companies, longevity, projected performance, extrapolated life, energy density, relative performance compared to competitors, planned activities in Japan, previous successes in the Japanese market, future potential in the Japanese market, potential demand in Japan, ability to operate successfully in Japan, use in commercial vehicle and energy storage applications, use in robotics and construction applications, heavy-duty applications, supplies of energy storage systems, energy density, cell performance, safety, costs B. ownership, life cycle costs, and can generally be identified by the use of words such as “may”, “will”, “could”, “should”, “would”, “likely”, “possible”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “plan”, “target”, “seed”, “growing” and “continue” (or the negative thereof) and words and expressions of similar meaning can be identified. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties and undue reliance should not be placed on such statements. In making forward-looking statements, certain material factors and assumptions are used and actual results may differ materially from those expressed or implied by such statements. Statements regarding solid-state batteries, battery technologies and production plans are based on the assumption that the Company's customers and users will deploy its products in accordance with its stated intentions and that the Company has investment capital to deploy. Important factors that could cause actual results to differ materially from expectations include, but are not limited to, macroeconomic impacts on the Company and its business and on the Company's customers, including inflation and a tightening of credit availability due to systemic banking risks, general economic conditions and their impact on consumer demand and capital availability, labor shortages, supply chain constraints, the potential impact of health-related restrictions in Canada, the United States and internationally on the Company's ability to produce and deliver products and on demand and use of products by its customers and end users, which impacts cannot be predicted and may be affected by further regional outbreaks and variants and other factors that may cause disruptions in the Company's supply chain and the Company's ability to deliver and develop its products. For further information about material factors that could cause actual results to differ materially from expectations and about material factors or assumptions used in making forward-looking statements, please see the Company's annual information form for the fiscal year ended September 30, 2024 under “Risk Factors” and the Company's most recent annual management discussion and analysis under “Qualitative and Quantitative Disclosures Concerning Risks and Uncertainties” and other public disclosure documents filed with Canadian securities regulators were. The Company undertakes no obligation to publicly update or revise any forward-looking statements contained in this document, whether as a result of new information, future events or otherwise, except as required by law.
SOURCE: Electrovaya, Inc.
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