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Total orders from this end user in January 2022 are valued at approximately US$6 million, with planned delivery by the end of March 2022 TORONTO, ON / ACCESSWIRE / January 19, 2022 / Electrovaya Inc. (TSX:EFL)(OTCQB:EFLVF), a lithium-ion battery manufacturer with differentiated intellectual property that allows heightened safety and improved longevity enabling industry-leading performance, today announced a new battery purchase order through its OEM sales channel valued at approximately US$3 million. The end user is a leading Fortune 100 company, which will deploy the batteries in Materials Handling Electric Vehicles (“MHEVs”) in a new distribution centre in the United States.
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