INDUSTRY NEWS  November 1, 2021

Electrovaya Inc.  today announced three new purchase orders totaling US$1.25 million (~C$1.67 million) for its Elivate line of Material Handling Electric Vehicle (MHEV) battery systems. This includes a repeat order for a Fortune 100 customer, at a site located outside  North America,  and another repeat order through a forklift OEM dealer in the United States. Electrovaya sells batteries through two channels: direct sales, and sales through OEM distribution.

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