Bullboard - Stock Discussion Forum Electrovaya Inc T.ELVA

Alternate Symbol(s): ELVA

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Electrovaya Inc. is a Canada-based lithium-ion battery technology and manufacturing company. The Company designs, develops and manufactures lithium-ion batteries and battery systems for energy storage, clean electric transportation, heavy duty electric vehicles and other specialized applications based on its Infinity Battery Technology Platform. The Company is focused on contributing to the... see more

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Electrovaya Inc > AMAZON and Electrovaya in a partnership!

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Post by varadero822 on Aug 12, 2021 12:11pm

AMAZON and Electrovaya in a partnership!

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!)

Need more proof that it is AMAZON? No problem. Watch this video and count how many Raymond forklifts you see.