Battery manufacturer Electrovaya has received new purchase orders for its Infinity battery systems totaling approximately $10.5 million through its OEM sales channel.
“A Fortune 500 US-based customer” will buy Electrovaya’s Infinity battery systems to power material handling electric vehicles at multiple distribution centers.
Electrovaya says its Infinity battery systems are “engineered for demanding, high-duty-cycle applications, delivering exceptional safety, longevity and performance for industrial electric vehicle fleets.”
“Electrovaya is proud to support our customers’ shift toward safe and long-lasting energy solutions for their logistics operations,” said Dr. Jeremy Dang, Vice President of Business Development at Electrovaya. “Additional orders are also anticipated as they continue to advance their electrification strategy.”
Source: Electrovaya
