$ELVA

Electrovaya said its Ellicott, New York facility will build the ElvaPulse 1,500 stationary energy storage system, offering 3 MWh energy and up to 7 MW continuous power in a 20-foot container. Initial deliveries are targeted for Q2 2027, with UL 1973 and UL 9540 certification planned for Q1 2027. The company says the product can qualify for the Section 48E ITC.

Electrovaya launched the ElvaPulse 1500 battery energy storage platform for AI and data centers. The modular 20-ft system uses Electrovaya’s Infinity Battery Technology and can provide up to 2.88 MWh nominal capacity and up to about 7 MW continuous power, discharging full capacity in under 30 minutes. Certification under UL 1973 and UL 9540 is targeted for Q1 2027, with initial deliveries in Q2 2027.

Electrovaya (ELVA) launched ElvaPulse 1500, a stationary BESS for data center backup power. The 20-foot modular system uses 1500 VDC architecture, with up to 2.88 MWh nominal energy and up to 7 MW continuous output. Electrovaya said it targets projects eligible for the U.S. 48E investment tax credit, with initial deliveries planned for Q2 2027 from Jamestown, New York.

Electrovaya said it signed a commercial agreement with Amazon, its largest customer. Electrovaya shares rose 28.9% after the announcement. Amazon will receive warrants for up to 13,880,345 shares, vesting on cumulative $280 million purchases. Electrovaya cited 2025 revenue of $63.8M and projected 2026 revenue above $80M.

Electrovaya (ELVA) shares rose about 36.4% this week after the company said it signed a commercial agreement and warrant transaction with Amazon (AMZN) for its Infinity lithium-ion battery technology. The deal includes potential future purchases totaling $280 million, triggering warrants for up to 13,880,345 Electrovaya shares. Raymond James raised its price target to $22 from $14.

Oppenheimer highlighted Physical AI “pick and shovel” stocks, citing progress in autonomy, lidar, and battery density. Picks include Tesla, Aeva Technologies, Ouster, Amprius Technologies, Electrovaya, Enovix, and Aurora Innovation. The article cites Tesla Q2 deliveries of 480,100 units and analyst price target increases to $400 and $500, plus Ouster’s PT to $57 and Ouster/Aeva/Amprius/Electrovaya deal and offering updates.

Electrovaya Inc. shares jumped about 48% to C$16.42 after the company announced an agreement with Amazon. Under the deal, Amazon will receive warrants to buy up to 13,880,345 Electrovaya common shares. Warrants fully vest once Amazon purchases US$280 million in products, with some vesting immediately. Full exercise could give Amazon about a 21% stake.

Canada’s TSX Small Cap Index and the U.S. Russell 2000 hit record levels. Electrovaya shares jumped on an Amazon commercial agreement and warrants for up to 13.88M shares. Blue Ant Media reported $125.6M revenue vs $123.4M expected. Altius announced a $181.5M bought deal. Canfor will close Northwood pulp mill. Others reported results or financing.

Electrovaya Inc. (Nasdaq: ELVA, TSX: ELVA) said it entered a commercial agreement and warrant transaction with Amazon (Nasdaq: AMZN). The deal is intended to support deployment of its Infinity Battery Technology in material handling and related robotics and energy storage. Amazon will receive warrants for up to 13,880,345 shares, vesting on cumulative US$280 million purchases. ELVA shares rose sharply on the news.

Electrovaya Inc. (ELVA) shares rose about 41% after the company said it reached a commercial agreement and a warrant transaction with Amazon (AMZN). Electrovaya said the deal supports continued deployment of its Infinity Battery Technology in material handling and could expand engagement in robotics and energy storage. ELVA was around $11.15 on Nasdaq, up 41% intraday.