Electrovaya Inc. · TSX:ELVA
Electrovaya — Investor Presentation (October 2022)
23 slides from Electrovaya's investor presentation, Oct 13, 2022
Slide 1: Corporate Presentation
Corporate Presentation October 13th, 2022 Toronto Stock Exchange (TSX:EFL) & (OTCQB:EFLVF)
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements, including statements that relate to, among other things, the effect of the ongoing global COVID-19 public health emergency on the Company’s operations, its employees and other stakeholders, including on customer demand, supply chain,
Slide 3: Our Mission
Our Mission To accelerate the energy transition with safer and better batteries through technology advancement Electrovaya © 2022 3
Slide 4: Electrovaya at a Glance
Electrovaya at a Glance Focused Lithium Ion Solutions based on proprietary competitive advantages Success Based on Innovation Electrovaya Key Achievement in 2022 Record Purchase Order Volume Industry Leader Top-tier Customer Base Unparalleled Experience 1st to provide the safest Fortune 100 customer
Slide 5: Our Locations
Our Locations Existing Facilities ● 63,000 Sq feet Facility in Mississauga, Ontario ● Assembly & Engineering Development ● Capacity is approx 150 MWh ● To be expanded to 300MWh by 2023 ● Electrovaya Labs division is focused on the technology development and scale up. US Expansion ● 130,000 sq feet a
Slide 6: Jamestown, NY - Gigafactory
Jamestown,NY - Gigafactory About The Facility 130,000 sqft $0.05/kWh Industrial Facility Energy Cost The Gigafactory Plant in Jamestown, NY will allow 100% <3 hours Electrovaya to onshore manufacturing and streamline Renewable Energy Travel to HQ and Key supply chains to support projected battery de
Slide 7: Technology Solutions
Technology Solutions Electrovaya complementary technologies targeting the various EV applications. Infinity batteries provides industry leading longevity and SSBs provides industry leading energy density Infinity Batteries Solid State Batteries Commercial today In late stage development Global partn
Slide 8: Market Opportunity Summary
Market Opportunity Summary Market Opportunity North American Market Challenges Global Commercial EV Market % .97 20 GR CA Supply chain Technology challenges: Expensive issues Safety & lifetime battery technology FY2022 Quarterly Revenue 2021 2027 Market size USD Billion Source: Maximize Market Resea
Slide 9: Commercial Ecosystem
Commercial Ecosystem End Users Examples (not a complete list) Retail & Manufacturing Food distribution eCommerce OEM Customers *Confidential User Logistics Electrovaya © 2022 9
Slide 10: Infinity Batteries
Infinity Batteries Lithium-ion ceramic cells with highest cycle life and safety setting the industry standards. Material Handling Equipments Current Partner: Raymond High Cycle Life Lowest Cost of Ownership Autonomous Guided Robots Example Partner: Jabil Safety Zero Fire Incidents Li-Ion Ceramic Tec
Slide 11: Competitive Advantage
Competitive Advantage Electrovaya prides itself by providing leading edge Lithium ion battery cells and systems Longevity Superior Safety Modular Approach Lowest cost of ownership Unique Cycle life Proprietary fire propagation Performance Oriented System design Best Cycle Life + superior safety EOL
Slide 12: Multi-Million-Mile Batteries
Multi-Million-Mile Batteries Electrovaya Patented Technology provides the longest Cycle life in Industry: Electrovaya batteries can operate for >25 years with 1 cycle/day Third party testing Internal testing Electrovaya batteries lifetime VS competitors Electrovaya batteries different SOC Temperatur
Slide 13: Superior Safety
Superior Safety Multi-level cell and system safety technology with end result being a non-propagating battery design Electrovaya Ceramic vs Coated PO Separator ELV Coated PO ELV Coated PO 15 min at 130°C Third Party fire propagation test An Electrovaya 24V battery AFTER fire propagation testing for
Slide 14: Lowest Cost of Ownership
Lowest Cost of Ownership Heavy Duty Vehicles (HDV) Operate at ~2 Energy Storage Systems (ESS) require a cycles per day → Battery replacement needed Battery Augmentation to compensate for the performance degradation every 6 years Electrovaya E-forklift battery performance from a Electrovaya Fortune 1
Slide 15: Technology Solutions
Technology Solutions Electrovaya complementary technologies targeting the various EV applications. Infinity batteries provides industry leading longevity and SSBs provides industry leading energy density Infinity Batteries Solid State Batteries Commercial today In late stage development Global partn
Slide 16: Next Gen Solid State Batteries
Next Gen-Solid State batteries Electrovaya’s Labs division is focused on the technology development and scale up of high energy density solid state batteries on track to reach automotive targets Prototype pouch cells expected availability in 2023 Electrovaya SSB* Energy density (Wh/Kg) 400 300 Elect
Slide 17: Roadmap
Roadmap Infinity Platform SS Platform Expansion Market expansion Increase Automation & Double Production SSB - Start of Production & commercialization Increase Headcount Establish GWH scale Increase Production production Infinity Battery Commercial Launch: Technology development E-Bus & truck, Aeros
Slide 18: Financials
Financials FY2023 revenue target ~$42 million (~C$56 million)** * Non-IFRS Measure: Adjusted EBITDA does not have a standardized meaning under IFRS. Therefore it is unlikely to be comparable to similar measures presented by other issuers. We believe that certain investors and analysts use Adjusted E
Slide 19: Capital share structure
Capital share structure Ticker: TSX:EFL Ticker: OTCQB:EFLVF Shares Outstanding* : 147,187,194 Shares Outstanding* : 147,187,194 Share Price* : CAD $0.95 Share Price* : USD $0.70 Market Cap* : CAD $139,827,834 Market Cap* : USD $103,031,036 Insider Ownership: ~ 38% Insider Ownership: ~ 38% * Stock pr
Slide 20: Electrovaya Summary
Electrovaya Summary Pure Play Battery Tech/Manufacturing Leading Partners Electrovaya is a Pure Play North American Lithium ion Electrovaya has strong OEM relationships with some of Battery Technology and Manufacturing company on track the leading industrial vehicle manufacturers and for Rapid Growt
Slide 21: Management team
Management team Dr. Raj S. Das John Gibson, Dr. Sankar Das Dr. Jeremy Dr. Elmira Jason Roy, Gupta, CFO Gupta, Dang, Memarzadeh Director, Corporate CEO, Director VP, Business & Project Director, Engineering Development and Executive Chairman Development Programs Investor Relations Electrovaya © 2022
Slide 22: Board of Directors
Board of Directors Prof Carolyn Dr. James Dr. Bejoy Das Kartick Kumar, Hansson, Jacobs, Gupta, Director Director Director Director Electrovaya © 2022 22
Slide 23: Investor & Media queries, please contact
Investor & Media queries, please contact: Jason Roy Director, Corporate Development & Investor Relations Phone: 905-855-4618 Email: jroy@electrovaya.com Web: www.electrovaya.com Toronto Stock Exchange (TSX:EFL) & (OTCQB:EFLVF)