Electrovaya Inc..
ELVA.US | Manufacture of batteries and accumulators
Electrovaya Inc. is a Canadian company that designs, develops, and manufactures lithium-ion batteries, battery systems, and battery-related products. Their primary focus is on providing energy storage solutions for electric vehicles (primarily heavy-duty vehicles like buses and trucks) and energy st...Show More
Better Health for All
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Electrovaya reports a perfect safety record for over 10,000 Infinity Battery systems deployed in high-intensity material handling applications.
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The company has successfully completed UL2580 certification for 448 distinct models of its lithium-ion battery systems, passing stringent safety tests including fire propagation, vibration, shock, and short circuit testing.
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It also passed fire propagation testing on two high voltage battery systems, with the fire remaining contained.
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The company's EV-44 cell is certified under numerous UL designations and uses proprietary ceramic composite separator materials for safety.
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Electrovaya acknowledges risks and uncertainties in forward-looking statements, including macroeconomic effects, supply chain constraints, and health-based restrictions, and references its Annual Information Form for further risk factor details.
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The company is investing in research and development initiatives, including next-generation ceramic separators and solid-state battery technology.
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Electrovaya acknowledges the potential effect of health-based restrictions on its ability to produce and deliver products, and on customer demand.
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Fair Money & Economic Opportunity
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No evidence available to assess Electrovaya Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No specific, quantitative data points related to Fair Pay & Worker Respect metrics for ELVA.US were found in the provided article.
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Fair Trade & Ethical Sourcing
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Electrovaya reported zero substantiated forced or child labour incidents in its fiscal year 2023 (October 1, 2022 – September 30, 2023).
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The company strictly prohibits child, forced, or compulsory labor and conducts due diligence checks, including against global sanctions and enforcement databases and social media reviews, to identify modern slavery risks.
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Electrovaya has a comprehensive Supplier Code of Conduct that details requirements and expectations for suppliers, who commit to meeting these standards as a condition of doing business.
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Suppliers are expected to comply with this code and apply it in their own operations and supply chain.
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Honest & Fair Business
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No evidence available to assess Electrovaya Inc. on Honest & Fair Business.
Kind to Animals
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No evidence available to assess Electrovaya Inc. on Kind to Animals.
No War, No Weapons
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Electrovaya's Infinity-HV battery systems are designed for mission-critical and heavy-duty high-voltage applications, including vehicles, defense, and other energy storage uses.
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These systems met performance requirements for an off-road autonomous defense application and are supplied to a global aerospace and defense company.
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The company also has a $0.5 million Memorandum of Understanding to provide batteries for a Hybrid Electric Vehicle for the US Air Force Research Laboratory.
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While the company's primary focus is on electric vehicles and grid-scale energy storage, its products are explicitly targeted for and used in defense applications.
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Planet-Friendly Business
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The company has no recorded major environmental compliance violations.
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For the Electrovaya Project and Busti Solar Project, negative declarations were issued under the State Environmental Quality Review Act (SEQRA), and compliance with New York State laws and regulations was noted.
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Multiple articles explicitly state no mention of regulatory actions, violations, fines, or compliance issues.
Respect for Cultures & Communities
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No evidence available to assess Electrovaya Inc. on Respect for Cultures & Communities.
Safe & Smart Tech
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No documented data breaches or incidents of unauthorized data use were found in the provided articles. The company states it will disclose personal information without consent only if required by law.
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The company also states it collects aggregated site-visitation statistics using cookies and will only provide companies with the information they need to deliver a service.
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There is no specific information regarding compliance with major privacy regulations like GDPR or CCPA, only a general statement about disclosing information if required by law.
Zero Waste & Sustainable Products
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No evidence available to assess Electrovaya Inc. on Zero Waste & Sustainable Products.