Electrovaya Launches Advanced Energy Storage Systems Featuring its Proprietary Infinity Technology

Core Viewpoint - Electrovaya Inc. has launched its next-generation Energy Storage Systems (ESS) to meet the increasing demand for safe, durable, and cost-effective stationary energy storage solutions [1] Group 1: Product Features - The new ESS products are based on Electrovaya's proprietary Infinity Technology, which offers industry-leading cycle life, significantly extending service duration and reducing replacement frequency [1] - Initial systems provide over 2MWh of storage capacity in a 20' containerized format, incorporating advanced safety technologies [1] Group 2: Market Position and Demand - The product is designed for a wide range of energy storage applications, with strong initial interest from a high-profile customer base [1] - The manufacturing of cells, modules, and packs in the USA allows the company to leverage strong ITC incentives [1]