Electrovaya Powers Rail Industry with Strategic Battery Supply
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Electrovaya Powers Rail Industry with Strategic Battery Supply

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Electrovaya (TSE:ELVA) has released an update.

Electrovaya has entered a strategic supply agreement with Innovative Rail Technologies to provide battery systems for electric rail applications, including locomotives used in various sectors. This partnership aims to meet the growing demand for electrification in the rail industry, leveraging Electrovaya’s safety and long cycle-life battery technology.

For further insights into TSE:ELVA stock, check out TipRanks’ Stock Analysis page.

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