This is from the analysts. The equation for CAGR is (future value/present value)^(1/duration)-1
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For some reason this press release doesn’t seem to be on ELVA’s IR page yet, found this on Quartr:
Electrovaya Launches Advanced Energy Storage Systems Featuring its Proprietary Infinity Technology
Tuesday, September 9, 2025 7:00 AM
Energy Storage Systems will be based on Electrovaya’s proven technology and includes cells, modules and packs manufactured in the USA, enabling strong ITC Incentives
Initial systems offer over 2MWh of storage capacity in a 20’ containerized format with leading cycle life and featuring Electrovaya’s proprietary safety technologies
New product will target a wide variety of energy storage applications with strong initial interest from existing high profile customer base
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