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Electrovaya Inc T.ELVA

Alternate Symbol(s):  ELVA

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 prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The Company is also developing next generation solid state battery technology at its Labs division. The Company has two operating sites in Canada and has a 52-acre site with approximately 135,000 square foot manufacturing facility in New York state. Its battery products are used across various applications, including material handling, e-mobility and energy storage.


TSX:ELVA - Post by User

Post by Borellyon Nov 03, 2021 9:24pm
246 Views
Post# 34084966

As you wish... New Purchase Orders

As you wish... New Purchase Orders

INDUSTRY NEWS  November 1, 2021

Electrovaya Inc.  today announced three new purchase orders totaling US$1.25 million (~C$1.67 million) for its Elivate line of Material Handling Electric Vehicle (MHEV) battery systems. This includes a repeat order for a Fortune 100 customer, at a site located outside  North America,  and another repeat order through a forklift OEM dealer in the United States. Electrovaya sells batteries through two channels: direct sales, and sales through OEM distribution.

Read entire article below:

https://www.openpr.com/news/2449271/bus-battery-market-size-2021-top-vendors-products


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