Walmart places $7.3M order for Electrovaya forklift battery systems

TORONTO — Electrovaya Inc. has secured new purchase orders under a contract with Walmart Canada for its forklift battery systems worth $7.3 million.

The retailer will convert all the forklifts at two of its distribution centres to Electrovaya’s drop-in lithium ion battery systems.

Following these deliveries, Walmart Canada will have three distribution warehouses using materials handling vehicles fully powered by Electrovaya’s battery systems.

“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,” said 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.

Electrovaya Inc. manufactures proprietary lithium ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications in Mississauga, Ont.