
Electrovaya Inc. is reiterated as a Strong Buy with a doubled price target of CAD$28, driven by unique battery technology and expanding data center demand. ELVA's proprietary ceramic separator enables industry-leading 14,000-cycle batteries and a 2.5C discharge rate, offering unmatched value for high-demand data center applications. The fully funded Jamestown Gigafactory is expected to be sold out through 2027, with management already planning expansion to meet surging demand from hyperscalers.







