Varadaro is on a roll here.
- Electrovaya received its first purchase orders from one of the world’s largest e-commerce companies, which will deploy the Company’s batteries in forklifts at two distribution centres in the United States. The orders were valued at more than US$2 million and received through Electrovaya’s OEM partner; (read this as AMAZON!)
- The Company received repeat orders valued at approximately US$1.5 million through its OEM partner from two of the world’s largest food manufacturing firms, headquartered in the United States and Europe, respectively; and (read this as MARS)
- The Company received a purchase order worth approximately C$1 million from one of North America’s largest food processing firms, headquartered in Canada. This order came through Electrovaya’s direct sales channel. (read this as Kraft)