Electrovaya Receives Purchase Orders for Batteries From Fortune 500 Customer for Re-Powering Two Existing Distribution Centers [Yahoo! Finance]
Electrovaya Inc. (ELVA)
Company Research
Source: Yahoo! Finance
TORONTO, ON / ACCESSWIRE / December 3, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced it has received a purchase order valued at approximately US$4.1 million for immediate delivery of its batteries. The batteries will be used by a leading Fortune 500 retailer in the United States for powering material handling electric vehicles in two existing warehouse sites. Additional sites are also being planned for conversion on top of the two orders received. "We are very pleased to announce this repeat order with a leading retailer and more importantly, to elevate this relationship towards achieving their energy efficiency initiatives," said Dr. Jeremy Dang, Vice President of Business Development at Electrovaya. "This customer has been one of the largest users of our batteries since 2022 with over 1000 batteries in operation and with further intentions to re-power additional
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ELVA
News
- Electrovaya Inc. Closes Full Exercise of Over-Allotment Option for an Additional US$1.7 MillionAccesswire
- Electrovaya Inc. Closes US$11.1 Million Public Offering of Common Shares [Yahoo! Finance]Yahoo! Finance
- Electrovaya Inc. Closes US$11.1 Million Public Offering of Common SharesAccesswire
- Electrovaya EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Electrovaya 5.175M share Spot Secondary priced at $2.15 [Seeking Alpha]Seeking Alpha
ELVA
Sec Filings
- 12/26/24 - Form 40-F
- 12/23/24 - Form SCHEDULE
- 12/18/24 - Form 6-K
- ELVA's page on the SEC website