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Electrovaya expects record FY2026 revenue of ~$71M; Jamestown module equipment passes testing
ELVAElectrovaya Inc.
Electrovaya Inc. provided a business update indicating that unaudited fiscal 2026 revenue is expected to reach approximately $71 million, marking a record year despite macroeconomic headwinds. The company reported that Factory Acceptance Testing for its Jamestown, New York module manufacturing equipment has been completed and accepted for delivery, while cell equipment testing continues. Additionally, Electrovaya appointed Kris Kuzniewski as Vice President of Data Center Sales to lead the ElvaPulse™ stationary energy storage product line. Audited results under U.S. GAAP are expected in early December 2026. Electrovaya Inc. is a lithium-ion battery technology and manufacturing company focused on energy storage and clean electric transportation.