Electrovaya Secures Strong Shareholder Support at Annual Meeting

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

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