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Battery-maker Electrovaya receives $10.5-million purchase order from Fortune 500 customer


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,… Read more…

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