Business
Electrovaya Announces Sales Agreement with Raymond Corp.
Electrovaya Announces Sales Agreement with Raymond Corp. Canada NewsWire TORONTO...
About this update from Electrovaya Inc.
[{"type":"text","content":"\n\n\n\nElectrovaya Announces Sales Agreement with Raymond Corp.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, May 9, 2019\n\n\n\nRaymond Corp Dealer Network will be able to sell Electrovaya batteries to their customers directly\n TORONTO, May 9, 2019 /CNW/ - Electrovaya Inc. (\"Electrovaya\" or the \"Company\") (TSX: EFL; OTCQX: EFLVF) today announced the completion of a sales agreement with The Raymond Corporation, a Toyota Industries Group company. The sales agreement will allow The Raymond Corporation's Sales and Service Centers network to sell Electrovaya battery systems to customers that have the select compatible Raymond lift trucks.\n\n \n \n\n \n\"We are excited to begin this relationship with The Raymond Corporation. The Electrovaya Elivate line of battery systems has proven itself to be robust and an excellent fit with select Raymond lift trucks.\" said Rajshekar DasGupta, Vice President Technology and Business Development, at Electrovaya. \"This agreement will help provide Raymond's customers the opportunity for a lithium ion battery solution and to expand Electrovaya's market reach.\"\nAbout Electrovaya Inc.\nElectrovaya Inc. (TSX:EFL) (OTCQX:EFLVF) designs, develops and manufactures proprietary lithium ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. Electrovaya is a technology focused company with extensive IP. Headquartered in Ontario, Canada, Electrovaya has production facilities in Canada with customers around the globe. \nTo learn more about how Electrovaya is powering mobility and energy storage, please explore www.electrovaya.com.\nAbout Raymond Corp.\nFor more than 95 years, The Raymond Corporation has built a reputation on innovation, quality and service. Raymond® manual and electric forklifts meet a variety of material handling needs and offer advanced end-to-end warehouse solutions that enable operations to run better and manage smarter. This philosophy helps ensure Raymond and its customers are always evo...