tiprankstipranks

Electrovaya Secures Strong Shareholder Support at Annual Meeting

Story Highlights
Electrovaya Secures Strong Shareholder Support at Annual Meeting

Confident Investing Starts Here:

Electrovaya ( (TSE:ELVA) ) has issued an announcement.

Electrovaya Inc. announced the approval of all resolutions at its 2024 Annual General Meeting, including the election of six directors with over 97% of votes in favor. The re-appointment of MNP LLP as auditors was also confirmed. This outcome reflects strong shareholder support and positions Electrovaya for continued leadership in the energy storage and electric vehicle sectors.

More about Electrovaya

Electrovaya Inc. is a leader in the global energy transformation industry, focusing on climate change prevention through the supply of safe and durable lithium-ion batteries. The company designs, develops, and manufactures proprietary lithium-ion batteries and battery systems for energy storage and heavy-duty electric vehicles. It is also advancing solid-state battery technology and has facilities in Canada and a planned gigafactory in New York.

YTD Price Performance: -6.67%

Average Trading Volume: 76,404

Technical Sentiment Signal: Buy

Current Market Cap: $95.53M

Find detailed analytics on ELVA stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1