Electrovaya (ELVA) has received a purchase order valued at approximately $8.7M. The batteries will be used by a Fortune 500 retailer in the United States for powering material handling electric vehicles in three existing warehouse sites. This order followed a recent $4.1M order from the same end customer for two distribution centers that was placed in December 2024. Additional sites are also being planned for conversion on top of these new orders.
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Read More on ELVA:
- Electrovaya Secures Strong Shareholder Support at Annual Meeting
- Electrovaya announces results of Annual General Meeting
- Electrovaya Secures Major Follow-On Order from Fortune 100 E-commerce Giant
- Electrovaya Secures Additional $7.3 Million Order from Fortune 100 Company
- Electrovaya receives additional $7.3M order from Fortune 100 customer
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