Electrovaya Inc., a lithium ion battery technology and manufacturing company, has announced the receipt of its first purchase orders for pre-production battery modules to be provided to a global Japanese headquartered manufacturer of construction equipment. This will be part of an electric excavator program with an estimated scaled production start in 2026. The initial shipments are expected to be delivered in Q2 FY2025 to a manufacturing site in Japan.
The order was received under the Company’s recently established supply agreement with a leading Japanese trading company.
Dr. Raj DasGupta, CEO of Electrovaya said : We are excited to start making deliveries for this new sector of electrified construction equipment and in a new market, Japan. Electrified heavy duty equipment, such as used in construction, requires batteries that are capable of delivering high power and safety over the lifecycle of the equipment. Electrovaya’s Infinity Technology, with its leading cycle life and safety makes for an ideal match.”
