on Electrovaya, Inc. (NASDAQ:ELVA)
Electrovaya Secures Additional $7.3 Million Order from Fortune 100 Client
Electrovaya Inc., renowned for its lithium-ion battery technology, announced a significant purchase order, valued at approximately US$7.3 million. This order follows a previous $3.5 million order made in November 2024. The batteries are designated for a Fortune 100 e-commerce giant, servicing distribution centers across the U.S. and Canada. This expansion signifies increased trust and demand for Electrovaya's products.
Dr. Jeremy Dang, Vice President of Business Development at Electrovaya, expressed satisfaction over the repeat order, highlighting the deployment of over 2000 Infinity batteries across numerous facilities. He emphasized Electrovaya's commitment to providing clean and durable energy solutions globally.
R. H.
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