Electrovaya (TSX:EFL) is a world leader in the design, development and manufacture of its proprietary Lithium Ion SuperPolymer® battery systems. Headquartered in Mississauga, Ontario, Electrovaya's mission is to accelerate clean transportation as a commercial reality globally.

Electrovaya has 150 global patents on its Lithium Ion SuperPolymer® battery technology and associated system technologies. Its SuperPolymer® battery breakthrough is a novel nanostructured lithium ion polymer technology platform. It enables more energy to be stored in a smaller space.  Because Electrovaya's systems are platform-based, they can easily evolve as improvements are made in component technologies.

Electrovaya exemplifies Canada’s long and proud history of research excellence and scientific success. It also represents Canada’s ongoing commitment to clean energy innovations, one of the fastest potential growth industries globally. Electrovaya has partnered for several years with the National Research Council Canada, which has many internationally pre-eminent advanced materials researchers. In 2003, Technology Partnerships Canada invested $9.9 million in a $33 million project undertaken by Electrovaya to refine their high energy density battery technology. 

Recently, the province of Ontario announced a $16.7 million investment in supporting battery research and pre-commercialization activities at Electrovaya. “The support allows us to accelerate our growth plans and bring our technology to market sooner”, says Dr. Sankar Das Gupta, CEO of Electrovaya. We are excited to be adding to our team and increasing our innovation and technology capabilities in Mississauga.”

Electrovaya [www.electrovaya.com] is another example of Canadian leadership and excellence the global business world continues to count on.  

Additional Facts

• Through its wholly owned subsidiary, Maya Electric, Electrovaya has launched the Maya-300, a zero emission urban electric vehicle with a range of about 200km on a single charge.
• The first fleet of Maya-300s are available in a unique public car rental program in collaboration with ExxonMobil. Ideal for fleet operators in cities, universities and parks as well as for urban driving, the Maya-300 can be charged with a standard 110-Volt outlet and an extension cord.