TORONTO – Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a manufacturer of lithium-ion battery technology, announced today it has received a purchase order worth around US$3.5 million for the immediate supply of its batteries. The order comes from a Fortune 100 e-commerce company to power electric vehicles for material handling in its warehouses across the United States and Australia.
The company’s Vice President of Business Development, Dr. Jeremy Dang, expressed satisfaction with the repeat business from what he described as their largest battery operator, with over 30 distribution centers. Dr. Dang highlighted the order as evidence of Electrovaya’s commitment to delivering reliable and durable battery solutions.
Electrovaya, headquartered in Ontario, Canada, is known for its Infinity Battery Technology Platform, which is acclaimed for safety and longevity. The company is also advancing solid-state battery technology and plans to…
