EV Suppliers

Electrovaya is a Canadian clean battery company specializing in lithium-ion battery systems for electric forklifts, buses, and energy storage. Founded in 1996, Electrovaya initially developed unique ceramic separator technology for safer batteries. Today, the company focuses on integrating high-performance NMC battery packs that deliver extended life and robust safety. Electrovaya’s products often replace lead-acid batteries in material handling equipment – its drop-in lithium battery packs for forklifts significantly improve runtime and efficiency for customers like large warehouse operators (e.g., Walmart). The company is commissioning a new gigafactory in New York State, aimed at producing both cells and modules to meet growing demand. Electrovaya’s approach includes vertical integration: from proprietary cell components to finished battery systems with advanced BMS and IoT capabilities for smart monitoring. Emphasizing sustainability, Electrovaya’s solutions also aid in energy storage for solar and grid backup. As it scales up manufacturing, Electrovaya is poised to expand its market reach in providing durable, high-throughput batteries for commercial electrification and energy storage needs.