Electrovaya (ELVA) has received purchase orders through its OEM sales channel valued at approximately $7.3M. The batteries will be used by a leading Fortune 100 e-commerce company in the United States and Canada for powering material handling electric vehicles in multiple distribution centers. This order followed a recent $3.5M order from the same end customer that was placed in November 2024. Additional sites are under consideration for this calendar year.
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