Electrovaya and Amazon sign commercial agreement for stationary energy storage systems and collaboration on robotics and energy storage

Type: Partnership · Technology: Storage · Country: Canada · Announced: 2026-08-07

Electrovaya, a Canadian lithium-ion battery developer, entered a commercial agreement with Amazon to support the deployment of its battery technology and foster collaboration on robotics and energy storage. As part of the deal, Amazon will receive warrants to purchase up to 13,880,345 common shares of Electrovaya, which will fully vest upon Amazon achieving cumulative future purchases of $280 million. The partnership leverages Electrovaya's Infinity Battery Technology, which has demonstrated performance in demanding industrial environments. Electrovaya is focused on industrial, robotics, defense, and energy storage applications, with its Infinity battery energy storage systems targeting grid, industrial, and data center support. The company is based in Toronto, Canada.

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