Electrovaya Inc. · TSX:ELVA
Electrovaya — Investor Presentation (December 2024)
23 slides from Electrovaya's investor presentation, Dec 17, 2024
Slide 1: Investor Presentation December 11, 2024
NASDAQ : ELVA TSX : ELVA Investor Presentation December 11, 2024 A final base shelf prospectus containing important information relating to the securities described in this document has been filed with the securities regulatory authorities in each of the provinces and territories of Canada. The fina
Slide 2: Safe Harbor Statement
Safe Harbor Statement 2 Forward-lookingstatements:This presentation contains forward-looking statements and forward looking information (collectively, "forward-looking statements"), including statements that relate to, among other things, the size of the Company's addressable market and target verti
Slide 3: Offering Summary
NASDAQ : ELVA | TSX : ELVA Offering Summary 3 electrovaya.com Transaction Confidentially Marketed Public Offering (CMPO) Offering Size $10 million of stock | 100% Primary Issuer Electrovaya Inc. Exchange/Ticker NASDAQ:ELVA and TSE:ELVA Expected Pricing Date Week of December 16th Use of Proceeds Debt
Slide 4: Electrovaya at a Glance
electrovaya.com NASDAQ : ELVA | TSX : ELVA Electrovaya at a Glance 4 Infinity Technology -Safety & Longevity The Company believes that its batteries provide industry leading safety & longevity validated bythird party & field data Proprietary ceramic separator technology -30+ patents Perfect Safety R
Slide 5: Customers and Partners - Infinity Batteries
electrovaya.com NASDAQ : ELVA | TSX : ELVA Customers and Partners -Infinity Batteries 5 StrategicPartnership Example OEMCustomers End Users Example(not a full list)
Slide 6: Electrovaya Powered - Mission Critical & 24/7
electrovaya.com NASDAQ : ELVA | TSX : ELVA Electrovaya Powered -Mission Critical & 24/7 6 Total 28,000+Infinity Battery systems deployed Powering over 200 warehouses& logistic centers Empowering mission-criticaloperations
Slide 7: Addressable Markets are Extensive
electrovaya.com NASDAQ : ELVA | TSX : ELVA Addressable Markets are Extensive 7 TARGET APPLICATIONS MARKET SIZE *Data numbers obtained through: www.marketsandmarkets.com Total: $113.5 Billion Addressable Marketin 2024* $70.9 Billion $33.3 Billion $7.8 Billion $1.5 Billion Electric commercial vehicle
Slide 8: Opportunities - New Target Verticals
electrovaya.com NASDAQ : ELVA | TSX : ELVA Opportunities -New Target Verticals 8 Mining & Construction • Near continuous operation • Highest cycle-life demand in EV industry • High priority for battery safety Data Center / Energy Storage • High use application • High priority for battery safety Defe
Slide 9: Tailored Solution for Mission Critical Operations
electrovaya.com NASDAQ : ELVA | TSX : ELVA Tailored Solution for Mission Critical Operations 9 Infinity Technology Leads the Industry for Longevity and Safety INDUSTRY CHALLENGE • Legacy lithium-ion tech facessafety and longevity issues,failing in heavy-duty applications. • Safety recalls hit major
Slide 10: Infinity Technology - Safety is Top Priority
electrovaya.com NASDAQ : ELVA | TSX : ELVA Infinity Technology -Safety is Top Priority 10 Fires are a common risk with typical lithium-ion batteries
Slide 11: Infinity Technology - Safety is our Top Priority
electrovaya.com NASDAQ : ELVA | TSX : ELVA Infinity Technology -Safety is our Top Priority 11 INFINITY BATTERIES PROVIDE ADDITIONALPREVENTION TO FIRE PROPAGATION TYPICAL BATTERIES PROPAGATE FIRE No internal propagation,the fire was containedwithin the faultedsub-module No flames escaped thebattery e
Slide 12: Multi-Million-Mile Batteries - Performance Advantage
electrovaya.com NASDAQ : ELVA | TSX : ELVA Multi-Million-Mile Batteries -Performance Advantage 12 *CYCLE EQUIVALENT: 500 1000 2000 5000 9000 Longevity Consumer Electronics E-Bike EV Forklift (MHE) E-Bus Energy storage 14,000 cycles is equivalent to 3,500,000 miles for 250-mile range car1 1 ) Greenca
Slide 13: Leveraging Longevity Advantage - Recurring Revenue
electrovaya.com NASDAQ : ELVA | TSX : ELVA Leveraging Longevity Advantage -Recurring Revenue RecurringRevenue Current -<5%Target ->10% Lease/Rentals • Lower upfront costs (with OEM supported residual value) • Ability to participate in off-lease opportunities • Rentals are a small but growing offerin
Slide 14: Global Reach
electrovaya.com NASDAQ : ELVA | TSX : ELVA Global Reach Electrovaya Gigafactory, Jamestown, NY, USA Electrovaya Corp & Labs, Mississauga, ON, CA Electrovaya Japan coming soon 14
Slide 15: US Manufacturing Expansion - Jamestown
electrovaya.com NASDAQ : ELVA | TSX : ELVA US Manufacturing Expansion -Jamestown MADE IN USA FUNDED OWNED 137,000 sq FT $0.05/kWh Improves profitability, domestic supply chainsand opens more market opportunities Fully funded expansion plan with a $50.8m direct loanfrom Export Import Bank of the Unit
Slide 16: US Manufacturing Expansion - Jamestown
electrovaya.com NASDAQ : ELVA | TSX : ELVA US Manufacturing Expansion -Jamestown PROJECTOVERVIEW STRATEGIC ANDFINANCIAL BENEFITS FINANCIALHIGHLIGHTS • Advanced Lithium ionbatterymanufacturing cell, module andpack facility • Will produce Electrovaya’sproprietary lithium ionceramic(Infinity series) ce
Slide 17: Our Products: Technology Solutions
electrovaya.com NASDAQ : ELVA | TSX : ELVA Our Products: Technology Solutions Complementary technologies targeting a number ofEV applications Infinity Batteries provide industry leading longevity and SSBs provide industry leading energy density In development stage Highest Energy Density Based on pr
Slide 18: Our Products - Next Gen Solid State Batteries
electrovaya.com NASDAQ : ELVA | TSX : ELVA Our Products -Next Gen-Solid State Batteries (SSB) Solid State Promises Much Higher Energy Density vs Conventional Lithium-ion Solid State Batteries offer 2X EnergyDensity over conventional lithium-ion batteries = more range, less weight, less cost EV penet
Slide 19: ELVA SSBs - Unparalleled Ceramic Separator Experience
electrovaya.com NASDAQ : ELVA | TSX : ELVA ELVA SSBs -Unparalleled Ceramic Separator Experience Higher Energy Density Enables the use of Lithium metal anode Improved Safety High thermal stability, mitigationof thermal runaway, non-flammable Enhanced Conductivity Inherent conductivity in the ceramic
Slide 20: ELVA SSBs - Unparalleled Ceramic Separator Experience
electrovaya.com NASDAQ : ELVA | TSX : ELVA ELVA SSBs -Unparalleled Ceramic Separator Experience Proof-of-Concept SeparatorDevelopment Scaling to > 100cm²Separator Manufacturing SSB Pouch CellPrototyping Electrovaya has developed a scalable manufacturing approach for the preparation offlexible cerami
Slide 21: Financial Performance - Profitability Inflection Achieved
electrovaya.com NASDAQ : ELVA | TSX : ELVA 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 significantlydue to increased orders driven by strong market de
Slide 22: Summary Balance Sheets and Cap Table
electrovaya.com NASDAQ : ELVA | TSX : ELVA Summary Balance Sheets and Cap Table (US$ in thousands) Cash Trade and other receivables Inventories Other current assets Long-term assets Total Assets Trade & other payables Short-term debt Other Liabilities Total Liabilities Total Equity (Deficiency) Tota
Slide 23: Investor & Media queries, please contact
Investor & Media queries, please contact: Jason Roy VP, Corporate Development & Investor Relations Phone: 905-855-4618 Email: jroy@electrovaya.com www.electrovaya.com Web: