Electrovaya enters agreement with Amazon
Prices of Electrovaya’s stock rose sharply recently after the company announced a commercial agreement with Amazon, Electrovaya’s largest customer. At the close of business Wednesday, Electrovaya's stock price had increased 28.9% since announcing the agreement with Amazon. Electrovaya officials said the relationship with Amazon is expected to support the continued deployment of Electrovaya’s Infinity Battery Technology in material handling operations and potential expanded engagement on robotics and energy storage. As part of the agreement, Amazon will receive warrants to ...