Toronto, Ontario –July 20, 2021
Electrovaya Inc. (“Electrovaya” or the “Company”) (TSX:EFL; OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, today provided a business update.
The Company continues to experience strong demand from new and existing customers for its material handling battery products. Some recent business highlights are provided below:
- Electrovaya received its first purchase orders from one of the world’s largest e-commerce companies, which will deploy the Company’s batteries in forklifts at two distribution centres in the United States. The orders were valued at more than US$2 million and received through Electrovaya’s OEM partner; (read this as AMAZON!)
Here is proof!
How many RAYMOND forklifts do you see in this video from Amazon? The first person that answers correctly will get 10 shares of EFL from me. I can afford it. I have a total of
144,650 EFL shares!!!!