Electrovaya Inc. · TSX:ELVA
Electrovaya — Investor Presentation (January 2025)
22 slides from Electrovaya's investor presentation, January 2025
Slide 1: Investor Presentation
Investor Presentation January - 2025 NASDAQ : ELVA TSX : ELVA
Slide 2: Safe Harbor Statement
Safe Harbor Statement Forward-looking statements: 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: Electrovaya at a Glance
Electrovaya at a Glance Infinity Technology - Safety & Longevity The Company believes that its batteries provide industry leading safety & longevity validated by third party & field data Proprietary ceramic separator technology -30+ patents Domestic Manufacturing Perfect Safety Record - 30,000+ batter
Slide 4: Customers and Partners - Infinity Batteries
Customers and Partners - Infinity Batteries Strategic Partnership Example OEM Customers End Users Example (not a full list) electrovaya.com NASDAQ : ELVA | TSX : ELVA 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 electrovaya.com NASDAQ : ELVA | TSX : ELVA 5
Slide 6: Addressable Markets are Extensive
Addressable Markets are Extensive MARKET SIZE TARGET APPLICATIONS Total: $113.5 Billion Addressable Market in 2024* Train E-truck Material handling Mining $1.5 Billion $7.8 Billion $33.3 Billion Defense Energy storage Locomotive Construction $70.9 Billion Electric commercial vehicle Material handlin
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 • Legacy lithium-ion tech faces • Longer Lifetime: Our Infinity • Scaled: Deliveries of battery safety and longevity issues, Technology offe
Slide 9: Infinity Technology - Safety is Top Priority
Infinity Technology - Safety is Top Priority Fires are a common risk with typical lithium-ion batteries electrovaya.com NASDAQ : ELVA | TSX : ELVA 9
Slide 10: Infinity Technology - Safety is our Top Priority
Infinity Technology - Safety is our Top Priority INFINITY BATTERIES PROVIDE ADDITIONAL TYPICAL BATTERIES PROPAGATE FIRE PREVENTION TO FIRE PROPAGATION No fire Nail Penetration Test Nail Penetration Test Fire Propagation Test No flames escaped the Risks costly damage battery enclosure and downtime No in
Slide 11: Multi-Million-Mile Batteries - Performance Advantage
Multi-Million-Mile Batteries - Performance Advantage Consumer Electronics E-Bike EV Forklift (MHE) E-Bus Energy storage 500 1000 2000 5000 9000 Longevity *CYCLE EQUIVALENT: 1 14,000 cycles is equivalent to 3,500,000 miles for 250-mile range car 3 2 1 ) Greencarreports electrovaya.com NASDAQ : ELVA |
Slide 12: Leveraging Longevity Advantage - Recurring Revenue
Leveraging Longevity Advantage - Recurring Revenue Growing Segments Approx. Margins Lease/Rentals • Lower upfront costs (with OEM supported residual value) Capabilities • Ability to participate in off-lease opportunities 0-5 yrs : 30% • Rentals are a small but growing offering and in 6-10 yrs: 80% use
Slide 13: Global Reach
Global Reach Electrovaya Corp & Labs, Mississauga, ON, CA Electrovaya Gigafactory, Jamestown, NY, USA Electrovaya Japan coming soon electrovaya.com NASDAQ : ELVA | TSX : ELVA 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 137,000 sq FT
Slide 15: US Manufacturing Expansion - Jamestown
US Manufacturing Expansion - Jamestown PROJECT STRATEGIC AND FINANCIAL OVERVIEW FINANCIAL BENEFITS HIGHLIGHTS • Advanced Lithium ion battery • Provides reliable, domestic supply Capital Investment manufacturing cell, module and of lithium-ion cells (built in America) • ~$50m capital investment pack
Slide 16: Our Products: Technology Solutions
Our Products: Technology Solutions Complementary technologies targeting a number of EV applications Infinity Batteries provide industry leading longevity and SSBs provide industry leading energy density Commercial today In development stage Global partners & users Superior Safety & Lowest Cost of Hig
Slide 17: Our Products - Next Gen Solid State Batteries
Our Products - Next Gen-Solid State Batteries (SSB) Solid State Promises Much Higher Energy Density vs Conventional Lithium-ion EV penetration in the global vehicle market Solid State Batteries offer 2X Energy Density over conventional lithium-ion batteries = more range, less weight, less cost 2022
Slide 18: ELVA SSBs - Unparalleled Ceramic Separator Experience
ELVA SSBs - Unparalleled Ceramic Separator Experience The transition to SSBs is almost certainly going to require the use of high quality ionically conducting ceramic materials Higher Energy Density Enables the use of Lithium metal anode Improved Safety High thermal stability, mitigation of thermal
Slide 19: ELVA SSBs - Unparalleled Ceramic Separator Experience
ELVA SSBs - Unparalleled Ceramic Separator Experience Electrovaya has developed a scalable manufacturing approach for the preparation of flexible ceramic composite separators for SSBs Proof-of-Concept Separator Scaling to > 100cm² SSB Pouch Cell Development Separator Manufacturing Prototyping electro
Slide 20: Financial Performance - Profitability Inflection Achieved
Financial Performance - Profitability Inflection Achieved Reaching an inflection point…. Set to be one of the only profitable battery companies in North America • 2023 and 2024 revenue increased significantly due to increased orders driven by strong market demand • Operational efficiencies and cost savings
Slide 21: Summary Balance Sheets and Cap Table
Summary Balance Sheets and Cap Table Select Balance Sheet Items ($USD) CapTable As of 06/30/2024 (US$ in thousands) 09/30/2024 09/30/2023 Outstanding shares 40,088,915 Cash $781 $1,032 Trade and other receivables 11,292 10,611 Outstanding warrants 1,711,924 Inventories 9,698 8,266 Other current asse
Slide 22: 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 Web: www.electrovaya.com