Electrovaya and sumitomo corporation power & mobility enter into supply agreement for electrovaya lithium ion battery products

Sumitomo corporation power & mobility, a 100% subsidiary of sumitomo corporation and electrovaya have expanded their sales partnership with a formal supply agreement with the intention to supply battery modules to a leading japanese construction equipment oem toronto, on / accesswire / april 29, 2024 / electrovaya inc. ("electrovaya" or the "company") (nasdaq:elva)(tsx:elva), a lithium ion battery technology and manufacturing company, today announced the establishment of a supply agreement with sumitomo corporation power & mobility ("scpm"), a 100% subsidiary of sumitomo corporation (8053). the supply agreement will initially cover the supply of battery modules to leading japanese construction equipment manufacturers.
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