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Stock impact report

UL2580 Recognition for Electrovaya's Lithium Iron Phosphate Infinity Cell [Yahoo! Finance]

Electrovaya Inc. (ELVA) 
Company Research Source: Yahoo! Finance
the "Company") (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is proud to announce that its Infinity Series Lithium Ion Phosphate (LFP) based cell have successfully achieved UL2580 recognition. This milestone underscores the exceptional safety and reliability of Electrovaya's battery technology, meeting the rigorous safety standards set by UL2580, including the stringent external fire test (projectile test). UL2580 is a globally recognized safety standard for rechargeable lithium-ion batteries in electric vehicles. The successful completion of UL2580 certification demonstrates that Electrovaya's LFP based Infinity cells have passed a comprehensive series of safety tests, ensuring they meet the highest safety benchmarks. Electrovaya's NMC based cells also have previously achieved the same certification. "Safety is a paramount aspect of all Electrovaya cell technology," said Dr. Raj DasGupta, CEO of Electrovaya. "Achieving UL2580 recogni Show less Read more
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