Business
Electrovaya Receives $10.5 Million P.O from Fortune 500 Customer
TORONTO, ON / ACCESS Newswire / February 24, 2026 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced the receipt of new purchase orders totaling ...
About this update from Electrovaya Inc.
[{"type":"text","content":"TORONTO, ON / ACCESS Newswire / February 24, 2026 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today announced the receipt of new purchase orders totaling approximately $10.5 million through its OEM sales channel.","length":333,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":"Electrovaya, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":234,"height":41,"url":"https://media.zenfs.com/en/accesswire.ca/7912b5ba8ef33905484078f9e52aede9"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/TWzuuR4RoIOX2KWOdqSGWQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTc0O2NmPXdlYnA-/https://media.zenfs.com/en/accesswire.ca/7912b5ba8ef33905484078f9e52aede9","width":234,"height":41}},"href":"https://app.accessnewswire.com/imagelibrary/747bca5f-fe6c-4776-b491-45495d9b5e0b/image.png","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"These orders are for a Fortune 500 U.S.-based customer and cover Electrovaya's Infinity battery systems, powering material handling electric vehicles at multiple distribution centers.","length":187,"tagName":"p"},{"type":"text","content":""We are pleased to receive this latest order from a strategic customer," said Dr. Jeremy Dang, Vice President of Business Development at Electrovaya.","length":159,"tagName":"p"},{"type":"text","content":"Dr. Dang added, "Electrovaya is proud to support our customers' shift toward safe and long-lasting energy solutions for their logistics operations. Additional orders are also anticipated as they continue to advance their electrification strategy."","length":261,"tagName":"p"},{"type":"text","content":"Electrovaya's Infinity battery systems are engineered for demanding, high-duty-cycle applications, delivering exceptional safety, longevity, and performance for industrial electric vehicle fleets.","length":200,"tagName":"p"},{"type":"text","content":"Investor and Media Contact : Jason RoyVP, Corporate Development and Investor RelationsElectrovaya [email protected]","length":139,"tagName":"p"},{"type":"text","content":"About Electrovaya Inc.","length":22,"tagName":"p"},{"type":"text","content":"Electrovaya Inc. (NASDAQ:ELVA) (TSX:ELVA) is a t...