Electrovaya wins Walmart orders

Electrovaya has secured new purchase orders from Walmart Canada for its forklift battery systems. The retailer will convert all the forklifts at two of its distribution centres to Electrovaya's drop-in lithium-ion battery systems.

The orders are worth CAD7.3 million (USD5.54 million).

Following these deliveries, Walmart Canada will have three distribution warehouses in which its materials handling vehicles are fully powered by Electrovaya's lithium-ion battery systems. The retailer previously converted all forklifts at an Ontario distribution centre to Electrovaya batteries in 2018.

"We are pleased to continue working with Walmart Canada, a leader in the introduction of green sustainable technology in the distribution and logistics industry," says Raj Das Gupta, vice president, business development at Electrovaya. "These purchase orders represent a strong endorsement of our lithium-ion battery technology. It is ideally suited to intensive-use applications such as forklifts, supporting both higher efficiency and sustainability."

"At Walmart, we are always looking at ways to make our distribution centres more sustainable. The Electrovaya batteries offer improved energy efficiency, which will help reduce our environmental footprint," says John Bayliss, executive vice president, logistics at Walmart Canada.

Electrovaya's ELivate lithium-ion forklift battery line features a ceramic separator and provides industry-leading cycle life, safety, energy and power attributes.

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