Electrovaya releases updated energy storage systems

Mr. Raj DasGupta reports ENERGY STORAGE SYSTEMS WILL BE BASED ON ELECTROVAYA'S PROVEN TECHNOLOGY AND INCLUDES CELLS, MODULES AND PACKS MANUFACTURED IN THE USA, ENABLING STRONG ITC INCENTIVES Electrovaya Inc. has launched commercially its next-generation energy storage systems (ESS), developed to address the growing demand for safe, durable and cost-effective stationary energy storage solutions. Electrovaya's ESS products are built on the company's proprietary Infinity technology, which delivers: Industry-leading cycle life: enabling significantly longer service duration and reducing replacement frequency; Enhanced safety: with robust thermal stability and failsafe architecture that minimize thermal and failure risk; Lower life cycle cost: through reduced operating expenses and extended system longevity. These benefits translate into superior durability, safer customer assets and stronger economic returns, making the systems ideally suited for grid support, renewable energy integration, microgrids, backup power, data centres, hyperscalers and behind-the-meter applications. U.S. manufacturing and vertical integration Electrovaya's ESS will be manufactured in the United States at its vertically integrated facility in Jamestown, N.Y. The company controls production from the cell level through to complete systems, ensuring consistent quality, supply chain security and eligibility for domestic content incentives under U.S. policy frameworks, including under the recent One Big Beautiful Bill Act (OBBA). Under this provision, Electrovaya's ESS are expected to be eligible for 30- to 40-per-cent investment tax credits. This vertical integration also supports scalability as demand accelerates for large-format ESS, positioning Electrovaya as a strategic supplier in North America's rapidly expanding energy storage market. Strategic market opportunity The global stationary energy storage market is already large and projected to grow significantly over the next decade, fuelled by increasing renewable energy adoption, grid modernization efforts and growing demands for resiliency. Electrovaya's Infinity-based ESS solutions offer a differentiated value proposition for data centres, hyperscalers and behind-the-meter (BTM) applications. Compared with conventional lithium-ion systems, Electrovaya's entry leverages its proven Infinity technology which enables significantly improved safety and longevity -- key performance attributes for energy storage use cases where safety, life cycle cost and reliability are critical. "Electrovaya has a long track record of developing advanced lithium-ion systems for mission-critical applications," said Dr. Raj DasGupta, chief executive officer of Electrovaya. "With our ESS launch, we are extending these capabilities into the stationary market, offering customers a technology that is safer, lasts longer and delivers the lowest total cost of ownership." Availability Electrovaya's new ESS products are available for order in North America, with initial deployments expected in 2026 and larger scale deliveries in 2027. The company is engaged with customers across multiple sectors, including with its existing customers of material handling battery products. Electrovaya will be exhibiting at the RE+ Expo in Las Vegas, Nev., from Sept. 9 to Sept. 11, 2025, at booth F17153 in Caesars Forum. Stop by to explore our Infinity battery solutions, engineered for safety, longevity and sustainability. About Electrovaya Inc. Electrovaya is a pioneering leader in the global energy transformation, focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The company has extensive intellectual property (IP) 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 offers enhanced safety and industry leading battery longevity. The company is also developing next-generation solid state battery technology. We seek Safe Harbor.