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Electrovaya Inc.

09:50 AM EST - Electrovaya Inc. : Announced that it has secured new purchase orders worth approximately $5.2 million for forklift battery systems, to be delivered by the end of the Company's third fiscal quarter ending June 30, 2020. These purchase orders increase Electrovaya's order backlog to approximately $17 million. The Company expects to complete deliveries on approximately $14 million of orders by June 30, 2020, barring unforeseen circumstances. Electrovaya Inc. shares T.EFL are trading up $0.01 at $0.18.