Electrovaya receives us$3.5 million order for batteries for use by existing fortune 100 customer

Customer is largest global end user of company's batteries with more than 30 warehouse locations operating vehicles powered by electrovaya batteries toronto, on / accesswire / november 12, 2024 / electrovaya inc. ("electrovaya" or the "company") (nasdaq:elva)(tsx:elva), a leading lithium-ion battery technology and manufacturing company, today announced it has received a purchase order valued at approximately us$3.5 million for immediate delivery of its batteries from one of its oem sales channels. the batteries will be used by a leading fortune 100 e-commerce company in the united states and australia for powering material handling electric vehicles in its warehouse operations.
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