Company profile: Electrovaya
1.1 - Company Overview
Company description
- Provider of proprietary lithium-ion battery technologies and systems designed for increased safety and longer life. Offers Solid-State Hybrid batteries, Infinity Battery Systems for low (24V/36V/48V) and high voltage, advanced cells with ceramic composite separators, patented separator technology, and in-house fifth-generation BMS for energy storage, clean electric transportation, and specialized applications.
Products and services
- Infinity Battery System - High Voltage: An industrial-grade high-voltage battery system engineered for e-buses, e-trucks, mining vehicles, and defense platforms, delivering high energy density and integrated safety features
- Infinity Battery System - Low Voltage: A modular low-voltage battery system for material handling equipment and AGVs, available in 24V, 36V, 48V, featuring fast charging and remote monitoring capabilities
- Solid-State Hybrid Battery: A production-ready solid-state hybrid battery with a lithium metal anode, NMC cathode, and proprietary solid composite electrolyte, designed for mass production
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Electrovaya
Everfuel
HQ: Denmark
Website
- Description: Provider of green hydrogen for mobility and industry via production from renewable energy (wind, solar, hydropower), supply and distribution, hydrogen distribution trailers, and H2 refueling stations. Operates the HySynergy project in Denmark to produce and deliver green hydrogen, replacing fossil fuels and reducing greenhouse gas emissions.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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American Vanadium
HQ: Canada
Website
- Description: Provider of energy solutions offering energy storage systems, electric gd, and renewable energy generation services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full American Vanadium company profile →
Active Power
HQ: United States
Website
- Description: Provider of flywheel-based uninterruptible power supply solutions, including CLEANSOURCE XT modular, scalable UPS and CLEANSOURCE HD high-density UPS for critical applications; POWERHOUSE transportable ISO-container UPS; GenSTART battery-free modular starting systems for standby generators; plus installation, maintenance and repair services, and short- or long-term UPS rentals.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Modern Hydrogen
HQ: United States
Website
- Description: Provider of breakthrough energy technology aiming to deliver affordable electricity to anyone, anywhere, anytime.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Modern Hydrogen company profile →
Giga Storage
HQ: The Netherlands
Website
- Description: Provider of large-scale sustainable battery energy storage systems (BESS) and projects that store electricity, connect to grids, wind farms and solar fields to prevent grid congestion and stabilize the grid. Offerings include GIGA Rhino, Buffalo, Giraffe, and the developing Leopard park, plus development, management and investment in storage projects across Europe.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Giga Storage company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Electrovaya
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Electrovaya
2.2 - Growth funds investing in similar companies to Electrovaya
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4 - Top valuation comps for Electrovaya
4.2 - Public trading comparable groups for Electrovaya
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