Electrovaya secures order from Walmart

News Story
- 5 Oct 2017 ( #841 ) - Toronto, ON, Canada
1 min read
Walmart Canada will work with Electrovaya
Walmart Canada will work with Electrovaya
Canadian lithium-ion battery maker Electrovaya has secured initial purchase orders under a contract with Walmart Canada for its forklift battery systems. The retailer will convert the forklifts in one distribution centre from lead-acid batteries to Electrovaya's drop-in lithium-ion battery systems.

The purchase orders are worth approximately CAD4.3 million (UAD3.43 million) and deliveries are to be made by the first quarter of next year.

"We are very pleased to work with Walmart Canada, a leader in the introduction of green sustainable technology into the distribution and logistics industry," says Das Gupta, vice president, business development at Electrovaya.

"Our ceramic lithium-ion battery technology is ideally suited to intensive-use applications such as forklifts and other materials handling vehicles, supporting both higher efficiency and sustainability."

The many benefits of Electrovaya's ELivate batteries were demonstrated through extensive testing by the retailer in its distribution warehouses and by the forklift OEM before the purchase orders were issued, he adds.

Electrovaya designs, develops and manufactures proprietary lithium-ion ceramic batteries, battery systems and battery-related products for energy storage, clean electric transportation and other specialised applications.

Headquartered in Ontario, Canada, Electrovaya has production facilities in Canada and Germany, with customers around the globe.
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