Electrovaya (EFL) investor relations material

Technology and product differentiation

• Proprietary ceramic separator technology delivers superior safety, demonstrated in over 30,000 battery systems with a perfect safety record.

• Infinity technology enables batteries to last 8,000–10,000 cycles, far exceeding typical lithium-ion batteries.

• Focus on heavy-duty, mission-critical applications such as robotics, material handling, mining, and defense.

• Not targeting commodity markets like automotive; prioritizing sectors with higher margins and safety needs.

• Ongoing development of next-generation solid-state batteries using in-house ceramic separator expertise.

Commercial traction and market expansion

• Powering operations for 16 Fortune 100 companies and partnered with leading OEMs, including Toyota Material Handling.

• Expanding into defense, airport ground equipment, robotics, and energy storage, with strong interest in AI data center applications.

• Over 200 warehouses across three continents use these batteries; global partnerships with Sumitomo and others.

• Recurring revenue streams being developed, including software and energy-as-a-service models.

• Addressable markets are large and growing, with timing favorable for adoption as industries transition to lithium-ion.

Financial performance and manufacturing strategy

• Achieved nine consecutive quarters of positive EBITDA and recent net profitability; revenue and margins are growing.

• Building a large manufacturing plant in Jamestown, NY, funded by a direct loan from the Export-Import Bank of the United States.

• Facility will triple manufacturing capacity and is eligible for significant production and investment tax credits.

• $25 million revolving credit facility with Bank of Montreal supports working capital; break-even at $50 million trailing 12 months.

• Conservative operational approach with a focus on sustained profitability and responsible growth.