Electrovaya signs commercial deal with Amazon, issues warrants

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Electrovaya Announces Commercial Relationship with Amazon

July 15, 2026 8:52 AM EDT

TORONTO, July 15, 2026 (GLOBE NEWSWIRE) -- Electrovaya Inc. (Electrovaya or the Company) (Nasdaq: ELVA, TSX: ELVA), a leading lithium-ion battery technology and manufacturing company, today announced a commercial agreement and a warrant transaction with Amazon (Nasdaq: AMZN). This relationship is expected to support the continued deployment of Infinity Battery Technology in material handling operations and potential expanded engagement on robotics and energy storage.

Electrovayas energy storage systems are based on the Infinity Technology which has a perfect field safety record, enables reduced environmental footprint and lower total cost of ownership compared to conventional... More