Electrovaya Inc., together with its subsidiaries, designs, develops, manufactures, and markets lithium-ion advanced battery and battery systems in Canada, the United States, and internationally. It provides lithium-ion batteries to power materials handling electric vehicles, including fork-lifts and automated guided vehicles; and electric transportation applications; as well for electric stationary storage and other battery markets. In addition, it provides electromotive power products for electric trucks, electric buses, and other transportation applications; industrial and residential products for energy storage; and power solutions, such as building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was founded in 1996 and is headquartered in Mississauga, Canada.