Electrovaya has focused on solving of of the biggest impediments to the world's technological future: mobile power. The company has produced a patented battery technology that provides longer run-times than any other rechargeable battery currently in commercial production. With it, Electrovaya is striving to become the world leader in portable power.
Situated in Toronto, Canada, Electrovaya's co-founders Sankar Das Gupta and Jim Jacobs began research into battery technologies in the early 1980s, at a time when alternate energy sources research was at a peak. In 1996, after achieving some impressive scientific milestones, Electrovaya was formed to research, develop, manufacture and commercialize rechargeable Lithium-Ion SuperPolymer(TM) battery technology. The company launched a public offering with the Toronto Stock Exchange in November 2000. Readers of Pen Computing Magazine and RuggedPCReview.com site visitors primarily know Electrovaya through its innovative line of Li-Polymer-powered Tablet PC slates.
High-tech companies, such as Electrovaya, are notorious for operating at a rapid pace and adopting new ideas, and there are some ups and downs. (Learn more about the leaders that drive this ambition and ensure Electrovaya remains competitive with the industry.
Today, Electrovaya remains a publicly traded company listed on the Toronto Stock Exchange (TSX: EFL), with its head office in Toronto, Ontario. It has been a reporting issuer with the Ontario Securities Commission since July 1997. Learn more about Electrovaya's investor relations.
In July of 2009, Electrovaya reported the successful launch of the Maya 300 electric car at the Maryland Science Centre. The Maya 300, powered by Electrovaya's lithium Ion SuperPolymer(R) battery, was very well received with over 200 Global press and Television broadcasts, and included national media such as the New York Times, Wall Street Journal, Washington Post, Baltimore Sun, Toronto Star, Fox TV, ABC, CNN, NBC, CBC and CBS.
In August of 2009, Electrovaya announced that Ontario's Premier Dalton McGuinty, along with members of his caucus, visited Electrovaya and announced an investment of up to $16.7 million to support battery research and pre-commercialization activities at Electrovaya.
In September of 2009, Electrovaya presented at a variety of battery and electrical vehicle conferences on panels chaired by the auto industry's big guns.
Looking into the future, Electrovaya is working with a number of partner companies to forge a strong presence in the technology industry. Their partnership involves cooperation in the battery technology core competency, product design and development, channel marketing and project collaborations, among many others. Find out more about Electrovaya.