Electrovaya Achieves Third Place in Deloitte's Tech Fast 50 Program

Electrovaya Inc. has been awarded third place in the Enterprise-Industry Leaders category of Deloitte's Technology Fast 50 program, boasting a remarkable three-year growth percentage of 383%. This category recognizes enterprise-level companies with revenues surpassing C$50 million, highlighting outstanding growth in technology sectors.

The achievement reflects Electrovaya's expanding influence, notably driven by their Infinity Battery technology. This innovation focuses on enhancing safety and longevity, crucial for applications in industries such as robotics, defense, and AI data centers. CEO Dr. Raj DasGupta noted the growing interest in these sectors, emphasizing the early stages of commercialization.

Deloitte’s program co-leaders praised the resilience and leadership of companies like Electrovaya, underscoring their role in setting standards for excellence and sustainable growth within Canada’s technology sector.