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Electrovaya receives additional $6.4M order from Fortune 100 customer

Electrovaya (ELVA) received purchase orders through its OEM sales channel valued at approximately $6.3M. The batteries will be used by a leading Fortune 100 e-commerce company in the United States for powering material handling electric vehicles in multiple distribution centers. This order followed recently announced orders from the same end customer that were placed during the current fiscal year for a cumulative demand of over $16M. Additional orders are also under consideration.

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