Electrovaya receives additional us$7.3 million order for fortune 100 customer

This purchase order is a follow on from a november 2024 $3.5 million order further demands for additional sites expected later in the year toronto, on / access newswire / march 27, 2025 / electrovaya inc. ("electrovaya" or the "company") (nasdaq:elva)(tsx:elva), a leading lithium-ion battery technology and manufacturing company, today announced it has received purchase orders through its oem sales channel valued at approximately us$7.3 million. the batteries will be used by a leading fortune 100 e-commerce company in the united states and canada for powering material handling electric vehicles in multiple distribution centers.
ELVA Ratings Summary
ELVA Quant Ranking