10:19 AM EDT, 03/27/2025 (MT Newswires) -- Electrovaya ( ELVA ) said Thursday that it received follow-on purchase orders for its Infinity batteries worth about $7.3 million from an unnamed e-commerce company.

Electrovaya ( ELVA ) said the customer will use the batteries to power material handling electric vehicles at its distribution centers. It said the same customer placed a $3.5 million order in November.

The shares were about 3% higher in recent trading.

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