Electrovaya Appoints Steven Berkenfeld to its Board of Directors - Seite 2

"We are thrilled to welcome Steven Berkenfeld to the Electrovaya Board," said Dr Sankar Das Gupta, Chairman of Electrovaya's Board of Directors. "Steven is a highly-valued strategist and climate tech advocate supporting companies across the energy transition sector. We believe that his expertise in corporate finance, capital markets and strategic planning will bring tremendous benefits to Electrovaya."

In addition to the director role, Mr. Berkenfeld will continue to support Electrovaya's management as a strategic advisor.

For more information, please contact:

Investor & Media Contact:

Jason Roy
Electrovaya Inc.
Telephone: [phone]
Email: [e-mail]
Website: www.electrovaya.com

About Electrovaya Inc.

Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA) is a pioneering leader in the global energy transformation, focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries without compromising energy and power. The Company has extensive IP and designs, develops and manufactures proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications. Headquartered in Ontario, Canada, Electrovaya has two operating sites in Canada and has acquired a 52-acre site with a 135,000 square foot manufacturing facility in New York state for its planned gigafactory. To learn more about how Electrovaya is powering mobility and energy storage, please explore www.electrovaya.com.

Forward-Looking Statements

This press release contains forward-looking statements and can generally be identified by the use of words such as "may", "will", "could", "should", "would", "likely", "possible", "expect", "intend", "estimate", "anticipate", "believe", "plan", "superior", "objective" and "continue" (or the negative thereof) and words and expressions of similar import. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Additional information about material factors that could cause actual results to differ materially from expectations and about material factors or assumptions applied in making forward-looking statements may be found in the Company's Annual Information Form for the year ended September 30, 2022 under "Risk Factors", and in the Company's most recent annual Management's Discussion and Analysis under "Qualitative And Quantitative Disclosures about Risk and Uncertainties" as well as in other public disclosure documents filed with Canadian securities regulatory authorities. The Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements contained in this document, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Electrovaya, Inc.

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The Electrovaya Stock at the time of publication of the news with a fall of -0,88 % to 0,676EUR on Tradegate stock exchange (15. Juni 2023, 22:26 Uhr).