Electrovaya to Present at the Berenberg Battery Investors Conference on April 28, 2016

TORONTO, April 26, 2016 -- Electrovaya Inc.,(TSX:EFL), a leading developer and manufacturer of Lithium Ion batteries, energy storage and e-mobility systems, today announced that Management, will be presenting to the financial community at the Berenberg Battery Conference on Thursday, April 28th, 2016 in London, UK. A copy of the Company's presentation will be accessible in the Electrovaya website, www.electrovaya.com.

This event is in addition to the other recent events in 2016 where Electrovaya has or will be showcasing its technologies as an exhibitor and or as a speaker. Some of these events are:

• Energy Storage Europe, Dusseldorf, Germany, March 15-17, 2016
• Batterie Forum Deutschland, Berlin, Germany, April 6-8, 2016
• Energy Storage Association Conference and Expo, Charlotte, North-Carolina, April 25-27, 2016
• China International Battery Fair, Shenzhen, May 24-26, 2016
• Intersolar & EES Europe, Munich, Germany June 22-24, 2016
• Intersolar North America, San Francisco, California, July 12-14, 2016
• Plug Volt Battery Seminar, Detroit, Michigan, July 26-28, 2016

About Electrovaya Inc.

Electrovaya Inc. (TSX:EFL) designs, develops and manufactures proprietary Lithium Ion Super Polymer® batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. Electrovaya, through its fully owned subsidiary, Litarion GmbH, also produces cells, electrodes and SEPARION™ ceramic separators and has manufacturing capacity of about 500MWh/annum. Electrovaya is a technology focused company with extensive IP. Headquartered in Ontario, Canada, Electrovaya has production facilities in Canada and Germany with customers around the globe. To learn more about how Electrovaya and Litarion is powering mobility and energy storage, please explore www.electrovaya.com, www.litarion.com and www.separion.com

Forward-Looking Statements

This press release contains forward-looking statements, including statements that relate to, among other things, revenue forecasts, technology development progress, plans for shipment using the Company's technology, production plans, the Company's markets, objectives, goals, strategies, intentions, beliefs, expectations and estimates, and can generally be identified by the use of words such as "may", "will", "could", "should", "would", "likely", "possible", "expect", "intend", "estimate", "anticipate", "believe", "plan", "objective" and "continue" (or the negative thereof) and words and expressions of similar import. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. Important factors that could cause actual results to differ materially from expectations include but are not limited to: general business and economic conditions (including but not limited to currency rates and creditworthiness of customers); Company liquidity and capital resources, including the availability of additional capital resources to fund its activities; level of competition; changes in laws and regulations; legal and regulatory proceedings; the ability to adapt products and services to the changing market; the ability to attract and retain key executives; and the ability to execute strategic plans. Additional information about material factors that could cause actual results to differ materially from expectations and about material factors or assumptions applied in making forward-looking statements may be found in the Company's most recent annual and interim Management's Discussion and Analysis under "Risk and Uncertainties" as well as in other public disclosure documents filed with Canadian securities regulatory authorities. The Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements contained in this document, whether as a result of new information, future events or otherwise, except as required by law.

CONTACT: For more information, please contact:
         Electrovaya Inc.
         Email: [email protected]
         Phone: (905) 855-4618