Electrovaya Inc. announced on April 1, 2025, that it received a purchase order valued at approximately US$8.7 million. This order is from a leading Fortune 500 retailer in the United States.
The batteries are intended for powering material handling electric vehicles in three existing warehouse sites. This order is a follow-on from a $4.1 million order received in December, representing a continuation of the customer's fleet conversion strategy.
The company anticipates potential further sites to be planned later in the year, indicating a growing and strategic partnership with this major retailer. This substantial order reinforces Electrovaya's position as a key supplier for large-scale industrial electrification projects.
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