Electrovaya Inc. · TSX:ELVA
Electrovaya — Investor Presentation (November 2024)
22 slides from Electrovaya's investor presentation, November 2024
Slide 1: Investor Presentation November 2024
Investor Presentation November 2024 Nasdaq:ELVA & TSX:ELVA
Slide 2: Electrovaya - Safe Harbor Statement
Electrovaya - Safe Harbor Statement Forward-looking statements This presentation contains forward-looking statements, including statements that relate to, among other things, the effect of the COVID-19 public health emergency on the Company’s operations, its employees and other stakeholders, includi
Slide 3: Electrovaya at a Glance
Electrovaya at a Glance Infinity Technology- Safety & Longevity Blue Chip Customers & Partners Industry leading safety & longevity validated by third party & field data 14 Fortune 100 clients across mission critical operations- selecting Electrovaya on Proprietary ceramic separator technology- Perfo
Slide 4: Customers and Partners - Infinity Batteries
Customers and Partners - Infinity Batteries Strategic Partnership Example OEM Customers End Users Example (not a full list) End Users Example Nasdaq: ELVA | TSX: ELVA Electrovaya © 2024 4
Slide 5: Electrovaya Powered - Mission Critical & 24/7
Electrovaya Powered - Mission Critical & 24/7 Total 28,000+ Infinity Battery systems deployed Powering over 200 warehouses & logistic centers Empowering mission-critical operations Nasdaq: ELVA | TSX: ELVA Electrovaya © 2024 5
Slide 6: Addressable Markets are Extensive
Addressable Markets are Extensive TARGET APPLICATIONS MARKET SIZE Total: $113.5 Billion Addressable Market* $1.5 Billion $7.8 Billion $33.3 Billion $70.9 Billion *Data Numbers Obtained Through: www.marketsandmarkets.com Nasdaq: ELVA | TSX: ELVA Electrovaya © 2024 6
Slide 7: Opportunities - New Target Verticals
Opportunities - New Target Verticals With a strong foundation built in the Materials Handling space, we are beginning a transition to new vertical industries in 2025 and beyond Mining & Construction Defense ● Near continuous operation ● High use applications ● Highest cycle-life demand in EV industr
Slide 8: Tailored Solution for Mission Critical Operations
Tailored Solution for Mission Critical Operations Infinity Technology Leads the Industry for Longevity and Safety ! Industry Challenge Our Solution Proven Execution • Longer Lifetime: Our Infinity Technology • Scaled: Deliveries of battery systems • Legacy lithium-ion tech faces offers the highest c
Slide 9: Infinity Technology - Safety is Top Priority
Infinity Technology - Safety is Top Priority Fires are a common risk with typical lithium-ion batteries Nasdaq: ELVA | TSX: ELVA Electrovaya © 2024 9
Slide 10: Infinity Technology - Safety is our Top Priority
Infinity Technology - Safety is our Top Priority Infinity Batteries Provide Additional Prevention to Typical Batteries Propagate Fire Fire Propagation No fire Nail Penetration Test Nail Penetration Test No internal propagation, the fire was contained Risks costly damage within the faulted and downti
Slide 11: Multi-Million-Mile Batteries - Performance Advantage
Multi-Million-Mile Batteries - Performance Advantage 500 1000 2000 5000 9000 Cycles *Cycle equivalent: 14,000 cycles is equivalent to 3,500,000 miles for 250-mile range car Electrovaya NMC batteries different SOC Temperature: 27°C, Current: 1 C-rate Nasdaq: ELVA | TSX: ELVA Electrovaya © 2024 11
Slide 12: Leveraging Longevity Advantage - Recurring Revenue
Leveraging Longevity Advantage - Recurring Revenue Growing… Segments Lease/Rentals Approx. Margins ● Lower upfront costs (with OEM supported residual Capabilities value) ● Ability to participate in off-lease opportunities 0-5 yrs : 30% ● Rentals are a small but growing offering and in 6-10 yrs: 80%
Slide 13: Global Reach
Global Reach Electrovaya Corp & Labs, Mississauga, ON, CA Electrovaya Gigafactory, Jamestown, NY, USA Electrovaya Japan coming soon Nasdaq: ELVA | TSX: ELVA Electrovaya © 2024 13
Slide 14: US Manufacturing Expansion - Jamestown
US Manufacturing Expansion - Jamestown Made In USA Improves profitability, domestic supply chains and opens more market opportunities Funded Fully funded expansion plan with a $50.8m direct loan from Export Import Bank of the United States (EXIM) ‘Make More in America’ initiative Owned 135,000 sq ft
Slide 15: US Manufacturing Expansion - Jamestown
US Manufacturing Expansion - Jamestown Strategic and Project Overview Financial Highlights Financial Benefits ● Advanced Lithium ion battery ● Provides reliable, domestic Capital Investment manufacturing cell, module and supply of lithium-ion cells ● ~$50m capital investment pack facility (built in
Slide 16: Our Products: Technology Solutions
Our Products: Technology Solutions Complementary technologies targeting a number of EV applications Infinity Batteries provide industry leading longevity and SSBs provide industry leading energy density Infinity Batteries Solid State Batteries Commercial today In development stage Global partners &
Slide 17: Our Products - Next Gen Solid State Batteries (SSB)
Our Products - Next Gen-Solid State Batteries (SSB) Solid State Promises Much Higher Energy Density vs Conventional Lithium-ion EV penetration in the global vehicle market Solid State Batteries offer 2X Energy Density over conventional lithium-ion batteries = more range, less weight, less cost 2022
Slide 18: ELVA SSBs - Unparalleled Ceramic Separator Experience
ELVA SSBs - Unparalleled Ceramic Separator Experience The transition to SSBs is almost certainly going to require the use of high quality ionically conducting ceramic materials ● Higher Energy Density: Enables the use of Lithium metal anode ● Improved Safety: High thermal stability, mitigation of th
Slide 19: ELVA SSBs - Unparalleled Ceramic Separator Experience
ELVA SSBs - Unparalleled Ceramic Separator Experience Electrovaya has developed a scalable manufacturing approach for the preparation of flexible ceramic composite separators for SSBs Proof-of-Concept Separator Scaling to > 100cm2 SSB Pouch Cell Development Separator Manufacturing Prototyping Nasdaq
Slide 20: Financial Performance - Profitability Inflection Achieved
Financial Performance - Profitability Inflection Achieved Reaching an inflection point… set to be one of the only profitable battery companies in North America ● 2023 and 2024 revenue increased significantly due to increased orders driven by strong market demand ● Operational efficiencies and cost s
Slide 21: Summary Balance Sheets and Cap Table
Summary Balance Sheets and Cap Table CapTable Select Balance Sheet Items ($USD) As of 06/30/2024 (US$ in thousands) 06/30/2024 06/30/2023 Outstanding shares 34,134,165 Cash $534 $723 Trade and other receivables 8,159 5,544 Outstanding warrants 1,711,924 Inventories 12,427 9,201 Outstanding stock opt
Slide 22: (NASDAQ:ELVA) & (TSX:ELVA)
(NASDAQ:ELVA) & (TSX:ELVA) Investor & Media queries, please contact: Jason Roy VP, Corporate Development & Investor Relations Phone: 905-855-4618 Email: jroy@electrovaya.com Web: www.electrovaya.com Nasdaq: ELVA | TSX: ELVA Confidential