TORONTO, ON / ACCESSWIRE / April 13, 2023 / Electrovaya Inc. (“Electrovaya” or the “Enterprise”) (TSX:EFL)(OTCQB:EFLVF) a major lithium-ion battery technologies and manufacturing enterprise, is pleased to announces it will be hosting its inaugural Battery Technologies &amp Analyst Day on Wednesday, May perhaps 17, 2023 beginning at 11:00 am EST from the Company’s Canadian headquarters, situated at 6688 Kitimat Rd., Mississauga, ON, L5N 1P8.

Electrovaya, Inc., Thursday, April 13, 2023, Press release image

Electrovaya’s Chief Executive Officer, Dr. Raj DasGupta will be joined by other senior management and technologies group members to give a detailed overview and roadmap of our existing battery technologies and production plans. The Enterprise will also be offering a technical update on the Company’s Strong State Battery (SSB) developments, followed by a Q&ampA period.

The in-particular person occasion is by invitation only for Analysts and Media. A replay will be created offered and posted on the enterprise internet site at www.electrovaya.com.

Register in advance for this webinar: https://electrovaya.zoom.us/webinar/register/

For additional information and facts get in touch with:

Jason Roy
Director, Corporate Improvement and Investor Relations
Electrovaya Inc.
905-855-4618
jroy@electrovaya.com

About Electrovaya Inc.

Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF) is a pioneering leader in the worldwide power transformation, focused on contributing to the prevention of climate transform by supplying protected and lengthy-lasting lithium-ion batteries without having compromising power and energy. Electrovaya is a technologies-focused enterprise with in depth IP, styles, develops, and manufactures proprietary lithium-ion batteries, battery systems, and battery-associated solutions for power storage, clean electric transportation, and other specialized applications. The Enterprise has acquired a 52 acre web-site with a 135,000 sq.feet manufacturing creating in NY State for its planned Giga factory, in addition to its two operating places in Canada.. To understand additional about how Electrovaya is powering mobility and power storage, please discover www.electrovaya.com.

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Forward-Hunting Statements

This press release consists of forward-hunting statements relating to announcements concerning strong state battery technologies, battery technologies, efficiency and planned production roadmaps, and the timing therefor, and can typically be identified by the use of words such as “might”, “will”, “could”, “ought to”, “would”, “probably”, “feasible”, “count on”, “intend”, “estimate”, “anticipate”, “think”, “strategy”, “objective”, “seed”, “developing” and “continue” (or the adverse thereof) and words and expressions of comparable import. While the Enterprise believes that the expectations reflected in such forward-hunting statements are affordable, such statements involve dangers and uncertainties, and undue reliance ought to not be placed on such statements. Specific material elements and assumptions are applied in generating forward-hunting statements, and actual benefits might differ materially from these expressed or implied in such statements. Statements with respect to strong state batteries, battery technologies and production roadmaps, are primarily based on an assumption that the Company’s prospects and customers will deploy its solutions in accordance with communicated intentions, and the Enterprise has investment capital to deploy. Essential elements that could lead to actual benefits to differ materially from expectations consist of but are not restricted to macroeconomic effects on the Enterprise and its business enterprise and on the Company’s prospects, like inflation and tightening credit availability due to systemic bank danger, financial circumstances typically and their impact on customer demand and capital availability, labour shortages, provide chain constraints, the possible impact of wellness primarily based restrictions in Canada, the US and internationally on the Company’s capacity to create and provide solutions, and on its customers’ and finish users’ demand for and use of solutions, which effects are not predictable and might be impacted by more regional outbreaks and variants, and other elements which might lead to disruptions in the Company’s provide chain and Company’s capability to provide and create its solutions. Further information and facts about material elements that could lead to actual benefits to differ materially from expectations and about material elements or assumptions applied in generating forward-hunting statements might be located in the Company’s Annual Details Kind for the year ended September 30, 2022 below “Danger Components”, and in the Company’s most current annual Management’s Discussion and Evaluation below “Qualitative And Quantitative Disclosures about Danger and Uncertainties” as nicely as in other public disclosure documents filed with Canadian securities regulatory authorities. The Enterprise does not undertake any obligation to update publicly or to revise any of the forward-hunting statements contained in this document, irrespective of whether as a outcome of new information and facts, future events or otherwise, except as necessary by law.

Supply: Electrovaya, Inc.

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