Electrovaya, Technology- Intensive lithium-ion battery manufacturer, applies to listing on NASDAQ

TORONTO, ON / ACCESSWIRE / February 23, 2021 / Electrovaya Inc. (“Electrovaya” or the “Company”) (TSX: EFL) (OTCQB: EFLVF), an industry-leading manufacturer of lithium-ion batteries with industry-leading performance and intellectual property substantially, it made an initial application to list its common stock on the Nasdaq stock market (“NASDAQ”).

The Company is pursuing a NASDAQ listing in order to enhance its investor profile with the aim of attracting institutional and retail investors, promoting M&A opportunities and increasing shareholder value.

Electrovaya currently earns most of its revenues from the United States. The company’s lithium-ion batteries power mission-critical electricity …

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