Electrovaya receives purchase orders for batteries from fortune 500 customer to re-power three existing distribution centers

This purchase order, valued at $8.7 million, is a follow on from a december $4.1 million order, represents the continuation of the customer's fleet conversion strategy with potential further sites planned later in the year toronto, on / access newswire / april 1, 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 a purchase order valued at approximately us$8.7 million. the batteries will be used by a leading fortune 500 retailer in the united states for powering material handling electric vehicles in three existing warehouse sites.
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